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In addition to focusing on product innovation and cost-cutting, Kraft Heinz substantially improved its financial flexibility over the past few years. It gained a substantial debt load after the merger in 2015, but was able to prioritize debt repayment since mid-2019, with a chunk directed at debt reduction from the divestiture of its natural cheese business and the Planters brand.Further, Kraft Heinz generated $1.7 billion in savings on its stated path to a total of $2.5 billion by the end of fiscal 2027. B ...