Ketchup Or Catch-Down? Kraft Heinz Is Racing Against Structural Decline (NASDAQ:KHC)

The Kraft Heinz Company ( KHC ) has had a terrible year being down 24% (including dividends) while the broader consumer staples industry was mildly up at 6.5%. Despite a large drawdown for a defensive company, we remain very cautious regarding its future prospects. We believeBuyside analyst covering global stocks on Seeking Alpha since 2018. I've been investing personally and professionally across major equity markets for about a decade. Subscribe for equity research and trading ideas.Opinions are not quali ...