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Kraft Heinz (KHC) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-02-09 23:46
The latest trading session saw Kraft Heinz (KHC) ending at $35.94, denoting a -1.45% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, added 1.25%.The the processed food company with dual headquarters in Pittsburgh and Chicago's stock has dropped by 2.95% in the past month, falling short of the Consumer Staples sector's gain of 0.93% and the S&P 500's gain of 5.07%.The in ...
Wall Street's Insights Into Key Metrics Ahead of Kraft Heinz (KHC) Q4 Earnings
Zacks Investment Research· 2024-02-09 15:21
Wall Street analysts expect Kraft Heinz (KHC) to post quarterly earnings of $0.77 per share in its upcoming report, which indicates a year-over-year decline of 9.4%. Revenues are expected to be $6.97 billion, down 5.6% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefram ...
Will Kraft Heinz (KHC) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-02-08 18:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Kraft Heinz (KHC) , which belongs to the Zacks Food - Miscellaneous industry.This the processed food company with dual headquarters in Pittsburgh and Chicago has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.92%.For the last report ...
Kraft Heinz (KHC) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-02-06 23:56
The most recent trading session ended with Kraft Heinz (KHC) standing at $37.21, reflecting a -0.03% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.23% for the day. Meanwhile, the Dow experienced a rise of 0.37%, and the technology-dominated Nasdaq saw an increase of 0.07%.Prior to today's trading, shares of the the processed food company with dual headquarters in Pittsburgh and Chicago had lost 2.69% over the past month. This has lagged the ...
Crystal Light Debuts Bold Brand Refresh with First Innovations and Logo Change in Over a Decade
Businesswire· 2024-02-06 11:00
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, the Crystal Light® brand debuts three innovative additions to its portfolio for the first time in over a decade with the launch of Mixology, Immunity and Energy product lines. As the leader in the powdered beverage category for over 40 years, Crystal Light also unveils a new logo, marking a bold refresh that redefines itself as the go-to for zero-sugar, low calorie refreshment that tastes great. The new product lines – Mixology, Immunity and Energy – offer an el ...
In 2009, Coca-Cola Made a Technological Innovation That Led to New Drinks in Its Portfolio. Kraft Heinz Hopes to Make the Same Breakthrough in 2024.
The Motley Fool· 2024-02-01 08:59
Early in his career, serial inventor Dean Kamen made a wheelchair that could climb stairs. While it never gained widespread adoption, he adapted this technology to launch his famous Segway transportation device in 2001.After Segway's launch, Kamen began working on a project close to his heart: a water purification device for the developing world. But he needed help getting it distributed. Given its global reach, Coca-Cola was an ideal partner.In exchange for getting the water purification device out there, ...
Philadelphia Cream Cheese Debuts its First-Ever No-Hole Bagel in Partnership with North America's Most Beloved Bagel Shops
Businesswire· 2024-01-30 13:01
Philadelphia cream cheese rallies North America’s most beloved bagel shops to take a schmear stand with the first-ever Philadelphia Bagel Whole – a limited-edition, no-hole bagel that gives fans more bagel and schmear. (Graphic: Business Wire)Philadelphia cream cheese rallies North America’s most beloved bagel shops to take a schmear stand with the first-ever Philadelphia Bagel Whole – a limited-edition, no-hole bagel that gives fans more bagel and schmear. (Graphic: Business Wire)CHICAGO & PITTSBURGH--(BUS ...
Kraft Heinz's (KHC) Pricing & Transformation Efforts Solid
Zacks Investment Research· 2024-01-27 04:16
The Kraft Heinz Company (KHC) is keen on transforming its business to unleash its full potential. The consumer products company is focused on effective pricing strategies to counter inflationary headwinds.Let’s discuss this in detail.Focus on Transformation Bodes WellKraft Heinz is committed to accelerating its profit and enhancing the long-term shareholders’ value. As part of its transformation phase, management unveiled AGILE@SCALE in February 2022. The strategy helps it improve its agile expertise and ca ...
Kraft Heinz (KHC) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-01-25 23:56
Kraft Heinz (KHC) ended the recent trading session at $37.26, demonstrating a +1.2% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.53% for the day. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw an increase of 0.19%.The the processed food company with dual headquarters in Pittsburgh and Chicago's shares have seen an increase of 0.82% over the last month, not keeping up with the Consumer Staples sector's gain ...
Capri Sun and Nintendo Invite Fans to "Slurp and Win" This Winter
Businesswire· 2024-01-23 16:00
Capri Sun® is teaming up with Nintendo to add beloved characters from their hit franchises of Mario Kart 8 Deluxe, Animal Crossing: New Horizons, and Pikmin 4 to the cartons and pouches of Capri Sun® Fruit Punch, Strawberry Kiwi, and Pacific Cooler, available exclusively from January 1st to March 31st, 2024 in stores and at online retailers. (Photo: Business Wire)Capri Sun® is teaming up with Nintendo to add beloved characters from their hit franchises of Mario Kart 8 Deluxe, Animal Crossing: New Horizons, ...