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Kraft Heinz Says There Are Too Many Unknowns To Confidently See Upside Beyond Q2
Kraft Heinz Co Reports Q1 2020 Results
Kraft Heinz Company Declares Regular Quarterly Dividend Of $0.40 Per Share
Kraft Heinz Company (Kraft Heinz) is a global food and beverage company. The Company’s segments include United States, International and Canada. It manufactures and markets food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee, and other grocery products throughout the world. It offers its products under various brands, such as Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Kool-Aid, Ore-Ida, Jell-O, Master, Quero, Golden Circle and Wattie's. Its products are sold through its own sales organizations and through independent brokers, agents, and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors, and institutions, including hotels, restaurants, hospitals, health care facilities and certain government agencies.
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Alexandre C. Behring
Independent Chairman of the Board
Chief Executive Officer
John T. Cahill
Vice Chairman of the Board
Global Chief Financial Officer
Carlos A. Abrams-Rivera
President - U.S. Zone
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U.S. food producer Kraft Heinz Co <KHC.O> on Thursday struck a cautious tone about its 2020 performance following a better-than-expected start due to coronavirus-related stockpiling.
* KRAFT HEINZ CEO SAYS NEXT SEVERAL MONTHS WILL BE CRITICAL IN UNDERSTANDING PATH FORWARD AND THE PACE OF TURNAROUND IN THE NEAR TERM - CONF CALL
U.S. food producer Kraft Heinz Co reported higher quarterly sales on Thursday, helped by coronavirus-related stockpiling.
Kraft Heinz <KHC.O> will extend for two weeks a $100 per week stipend for factory workers producing its packaged foods during the COVID-19 pandemic, the company said on Wednesday.
Kraft Heinz Co <KHC.O> said on Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the new coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods like macaroni...
Kraft Heinz Co has moved to significantly reduce production at three plants because of a decline in demand stemming from the new coronavirus outbreak, its Chief Executive Miguel Patricio on Friday said in a video presentation hosted by Brazilian retail brokerage XP Inc .
Kraft Heinz Co has moved to halt production at three different plants because of a decline in demand stemming from the new coronavirus outbreak, its Chief Executive Miguel Patricio on Friday said in a video presentation hosted by Brazilian retail brokerage XP Inc.
Kraft Heinz <KHC.O> speaks daily with Amazon.com <AMZN.O> and Walmart Inc <WMT.N>, hoping to speed up deliveries as customers worldwide stay home and shop online to protect themselves from the COVID-19 pandemic, Kraft Heinz's CEO said on Friday.
* KRAFT HEINZ TAPS AS MUCH AS $4 BILLION OF CREDIT LINE - BLOOMBERG NEWS Source : https://bloom.bg/33lJYqu
Kraft Heinz Co <KHC.O> said on Sunday it has asked office employees to work from home as the coronavirus continues to spread.
Warren buffett, referring to global stock selloff, says his company berkshire hathaway would 'certainly be more inclined' to buy stocks today than on friday, and would feel 'better' about doing it -- cnbc Buffett says cryptocurrency has, 'in terms of value, zero' Buffett...
A U.S. judge in Illinois on Friday granted a partial win to Kraft Heinz and Mondelez in the foodmakers' battle with the U.S. Commodity Futures Trading Commission over a $16-million settlement agreed last year.
Kraft Heinz Co's <KHC.O> debt rating was cut to "junk" by global credit ratings agency Fitch on Friday, a day after the ketchup and sausage maker reported lower-than-expected quarterly sales and wrote down the value of some businesses.
Kraft Heinz Co <KHC.O> on Thursday missed quarterly sales estimates, forecast lower full-year core earnings, and wrote down the value of some businesses - including coffee brand Maxwell House - by $666 million.
Kraft Heinz Co on Thursday reported a 5.1% fall in quarterly sales hurt by lower U.S. demand for cheese, bacon and other products.
Shares of Kraft Heinz Co <KHC.O> spiked more than 4% on Friday after a Twitter account closely resembling that of financial publication Barron's said the food company had been approached for a buyout.
Shares of Kraft Heinz Co spiked more than 4% on Friday after a fake Twitter account closely resembling that of financial publication Barron's said the food company had been approached for a buyout.
Kraft Heinz Co <KHC.O> on Wednesday named Campbell Soup Co <CPB.N> executive Carlos Abrams-Rivera president of its U.S. business, the Heinz ketchup maker's latest executive hire as it aims to revitalize its business after a troubling year.
Kraft Heinz Co on Wednesday named Carlos Abrams-Rivera as the leader of its U.S. business in the food company's first major executive change since August when it replaced finance chief David Knopf.
Kraft Heinz Co <KHC.O> will spend more on marketing for key brands widely thought to have been neglected after reporting on Thursday that lower costs helped it beat third-quarter profit expectations, sending shares up 13% in midday trading.
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