Kraft Heinz (KHC) closed the most recent trading day at $37.08, moving +0.19% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.23%. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq gained 1.7%.The the processed food company with dual headquarters in Pittsburgh and Chicago's shares have seen an increase of 2.92% over the last month, not keeping up with the Consumer Staples sector's gain of 4% and outstripping the S&P 500's gain of 0.94%.Analy ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its fourth quarter and full year 2023 financial results on Wednesday, Feb. 14, 2024. A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the market opens. Kraft Heinz management will then host a live question-and-answer session with analysts beginning at 9:00 a.m. Eastern Standard Time. The earnings release, supplemental materials, and audio ...

Scott Olson Thesis Kraft Heinz (NASDAQ:KHC) is a well-known player in the consumer staples sector and the food industry. Over the recent years, revenue growth has been underwhelming despite other aspects of the business still showing promise. Today, Kraft Heinz also remains a major holding of legendary investor Warren Buffet. In a previous analysis six months back, I opted for a reluctant buy regarding the stock, concerned about its financial performance, mainly its top-line growth. While that has not drast ...

PM Images It's been almost 5-years since Kraft Heinz Company (NASDAQ:KHC) announced they would be writing down the value of their Kraft and Oscar Mayer brands by $15 billion. Things got worse for shareholders as KHC reduced the dividend by -36% and posted a $12.6 billion loss. Since the news broke about, the $15 billion write-down shares have been in limbo, trading between $25 - $45. Since hitting a pandemic low of around $25, shares made a run in May of 2021 to around $45, only to lose their steam and ...

Kraft Heinz (KHC) closed at $37.58 in the latest trading session, marking a -0.82% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.07%.The the processed food company with dual headquarters in Pittsburgh and Chicago's stock has climbed by 0.61% in the past month, falling short of the Consumer Staples sector's gain of 6.97% and the S&P 500's gain of 3.98%.The investment community will be paying close attention to the earnings performance of Kraft Heinz in its upcomin ...

While the inflation figures tell a story of economic ebbs and flows, the real intrigue lies in how some savvy investments have not just survived but thrived in this landscape. Stay tuned to see how easy it is.Historical inflation figuresThe US inflation rate is cooling down after a two-year spike of historic proportions. The 9.1% inflation rate in July 2022 was the highest reading since the 14.8% peak of "the great inflation" in 1980.Now back down to 3.1%, the American inflation metric stands within strikin ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--For more than a century, VELVEETA has made its mark on fans’ lips thanks to the iconic drip that satisfies cravings with its rich, cheesy goodness. VELVEETA today invites fans to own the drip like never before by wearing it proudly. Introducing: the 14 Karat Gold VELVEETA Drip Lip Cuff, crafted in partnership with cult-favorite celebrity designer, George The Jeweler. “No one knows the ‘drip’ like VELVEETA – from the physical drip of our supremely creamy cheese to th ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Hot Dog! Today, Oscar Mayer® announced the opening of Hotdogger applications, inviting fans to apply for a one-year, full-time, paid gig behind the wheel of the iconic Wienermobile. Open through January 31, the relished position offers fans the opportunity to become official spokespeople of the brand while living out its mission: sparking smiles. Chosen applicants will represent the 37th class of Hotdoggers, joining a rich history of spreading joy and wiener whistle ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Taco Bell® fans have long taken to social media to recreate their favorite menu items at home, but their creations never taste quite the same without the brand’s unique ingredients. Today, Taco Bell at Home introduces the first-ever Crunchwrap Supreme and Chipotle Chicken Quesadilla “Cravings Kits,” featuring proprietary Taco Bell restaurant ingredients, seasonings and sauces essential to making these fan-favorites at home. The Craving Kits are the latest offerings fro ...

Andre Maciel - Global Chief Financial Officer John Baumgartner - Mizuho Securities Matt Smith - Stifel Thank you, and hello, everyone. Welcome to our Q&A session for our third quarter 2023 business update. During todayÂ's call, we may have forward-looking statements regarding our expectations for the future, including items related to our business plans and expectations, strategy, efforts and investments and related timing and expected impacts. These statements are based on how we see things today, and actu ...