Kraft Heinz is preparing to break itself up, a decade after a megamerger that was orchestrated by Warren Buffett and Brazilian private-equity firm 3G Capital Partners https://t.co/q8R1ZtTXQD ...

Core Viewpoint - Kraft Heinz is considering a spinoff of a significant portion of its grocery business due to changing consumer preferences towards healthier, less processed foods, which could create a new entity valued at up to $20 billion [1][7]. Company Strategy - The remaining Kraft Heinz entity would focus on sauces and condiments, including well-known brands like Heinz ketchup and Grey Poupon [2]. - Executives believe that separating the two units could enhance overall market value, potentially exceeding the current $31 billion market cap [3]. Financial Performance - Kraft Heinz has struggled to meet expectations since its 2015 merger, with little sales growth and declining profits, resulting in a stock price drop of over 60%, equating to a loss of approximately $57 billion in market value [11][16]. - The company reported around $28 billion in annual revenue at the time of the merger, but by 2019, it faced rising costs and a $15 billion write-down related to its Kraft and Oscar Mayer brands [8][9]. Market Response - Following news of the potential spinoff, Kraft Heinz shares surged nearly 4%, trading around $27 [2]. - The stock has experienced significant volatility, peaking near $96 in early 2017 and recently opening at $26.90, just above its 52-week low [12]. Strategic Considerations - Kraft Heinz is evaluating various strategic transactions to unlock shareholder value, with discussions ongoing but no final decisions made yet [4][14]. - The company has also been exploring the sale of underperforming brands, including Oscar Mayer and Maxwell House, but these efforts have not yet succeeded [13].

Business Strategy - Kraft Heinz is preparing to split off a chunk of its grocery business into a new entity [1] Market News - The Wall Street Journal reported the Kraft Heinz split, citing people familiar with the matter [1]

Group 1 - Kraft Heinz is considering a significant divestiture, potentially completing it within weeks [1] - The company is looking to spin off most of its grocery business [1] - The valuation of the new Kraft entity post-split could reach up to $20 billion [1] Group 2 - The restructured Heinz company may include brands such as ketchup [1]

智通财经7月12日电，卡夫亨氏据称考虑进行重大分拆交易，拆分后的新卡夫实体估值或高达200亿美 元。 ...

Kraft Heinz is planning a breakup that could include spinning off much of its grocery business into a new $20 billion entity https://t.co/ncx9HAviK3 ...

Kraft Heinz has recalled about 380,000 pounds of turkey bacon because of the possibility it is contaminated with listeria. https://t.co/F5UtwjWKkR ...

Group 1 - Kraft Heinz shares are yielding above 6% based on its quarterly dividend, with an annualized dividend of $1.6 and a stock price as low as $26.57 [1] - Dividends have historically provided a significant portion of the stock market's total return, exemplified by the S&P 500 ETF performance from 1999 to 2012, where dividends contributed to a positive total return despite a decrease in share price [1] - The sustainability of Kraft Heinz's dividend yield is uncertain, as dividend amounts are typically influenced by the company's profitability [3] Group 2 - Kraft Heinz is classified as an S&P 500 company, highlighting its status among large-cap companies within the index [2]

Core Point - Kraft Heinz Food Company is recalling nearly 368,000 pounds of Oscar Mayer turkey bacon products due to potential listeria contamination, which can lead to food poisoning [1][4]. Group 1: Recall Details - The recall involves fully cooked turkey bacon produced between April 24 and June 11 [2]. - The affected products were shipped to stores across the US, as well as the British Virgin Islands and Hong Kong [4]. - Specific products include 12-ounce, 36-ounce, and 48-ounce packages of Oscar Mayer Turkey Bacon Original, with various UPC codes and use-by dates ranging from July 18 to September 4 [5]. Group 2: Health Risks - Listeria infections can cause severe illness, particularly in vulnerable populations such as older adults, pregnant women, and individuals with weakened immune systems [7]. - Symptoms of listeria infection include fever, muscle aches, headache, stiff neck, confusion, loss of balance, and convulsions [7]. - The CDC reports that approximately 1,600 people are affected by listeria infections annually, resulting in about 260 deaths [7]. Group 3: Industry Context - Federal officials are revising protocols to prevent listeria infections following several outbreaks, including a notable incident linked to Boar's Head deli meats that resulted in 10 deaths and over 60 illnesses last year [8].

[Music] Craft Hind, the maker of Kool-Aid and Jell-O among other popular food brands as well, announced it's removing artificial colors from its products by 2027. Yahoo Finance senior reporter Brooke De Palma has the details. Brooke, what do we know.This comes as RFK Jr. . and the Trump administration have really been cracking down on major consumer product good food brands, snack brands to really remove artificial flavors by the end of the administration. So, Craft Hind making this big announcement this mo ...