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Kraft Heinz Co (KHC.OQ)

KHC.OQ on NASDAQ Stock Exchange Global Select Market

67.47USD
21 Feb 2018
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$95.46
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Latest Key Developments (Source: Significant Developments)

Kraft Heinz Q4 Earnings Per Share $6.52
Friday, 16 Feb 2018 07:05am EST 

Feb 16 (Reuters) - Kraft Heinz Co ::KRAFT HEINZ REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $6.52.Q4 ADJUSTED EARNINGS PER SHARE $0.90.Q4 SALES ROSE 0.3 PERCENT TO $6.9 BILLION.Q4 EARNINGS PER SHARE VIEW $0.95, REVENUE VIEW $6.92 BILLION -- THOMSON REUTERS I/B/E/S.KRAFT HEINZ - "OUR FINANCIAL PERFORMANCE IN 2017 DID NOT REFLECT OUR PROGRESS OR POTENTIAL"."‍SINCE HR-1 TAX CUTS AND JOBS ACT WAS SIGNED INTO LAW, WE HAVE ALREADY TAKEN ACTIONS AND ARE ACCELERATING KEY BUSINESS INITIATIVES"​.KRAFT HEINZ - INTEGRATION AND RESTRUCTURING EXPENSES RECORDED IN COST OF PRODUCTS SOLD WERE $200 MILLION FOR QUARTER.QTRLY ORGANIC NET SALES DECREASED 0.6 PERCENT.KRAFT HEINZ - ‍U.S. TAX REFORM INCLUDED TAX BENEFIT OF $7.0 BILLION IN 2017 RELATED TO ENACTMENT OF TAX CUTS AND JOBS ACT BY U.S. GOVERNMENT ON DECEMBER 22, 2017​.QTRLY UNITED STATES NET SALES WERE $4.8 BILLION, DOWN 1.1 PERCENT VERSUS THE YEAR-AGO PERIOD.  Full Article

Kraft Heinz Declares Qtrly Dividend Of $0.625 Per Share
Friday, 16 Feb 2018 07:01am EST 

Feb 16 (Reuters) - Kraft Heinz Co ::THE KRAFT HEINZ COMPANY DECLARES REGULAR QUARTERLY DIVIDEND OF $0.625 PER SHARE.  Full Article

Kraft Heinz Co selects ‍FourKites to provide real-time freight tracking and monitoring across its supply chain​
Wednesday, 15 Nov 2017 08:00am EST 

Nov 15 (Reuters) - Kraft Heinz Co :‍FourKites says Kraft Heinz Co has selected ‍FourKites to provide real-time freight tracking and monitoring across its supply chain​.  Full Article

Kraft Heinz says audit committee concluded that financial statements included in form 10-Q should not be relied upon​
Monday, 6 Nov 2017 05:48pm EST 

Nov 6 (Reuters) - Kraft Heinz Co :Kraft Heinz - audit committee concluded that financial statements included in form 10-Q for qtrs ended april 1 & july 1, should not be relied upon​.Kraft Heinz says it ‍will file amendments to co's quarterly reports on form 10-Q for periods ended April 1, 2017 and July 1, 2017 ​.Kraft Heinz - some financial statements should not be relied upon due to misstatement in adopting new accounting standards update 2016-15​.Kraft Heinz says to restate interim financial statements to correctly classify certain items in co's condensed consolidated statements of cash flows.  Full Article

Kraft Heinz Co reports Q3 earnings per share $0.77
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Kraft Heinz Co :Kraft Heinz Co reports third quarter 2017 results.Q3 earnings per share $0.77.Q3 sales $6.3 billion versus I/B/E/S view $6.33 billion.Q3 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Kraft Heinz Co - qtrly ‍organic net sales increased 0.3 percent versus year-ago period​.Kraft Heinz Co - qtrly net sales $‍​6,314 million versus $6,267 million last year.Q3 revenue view $6.33 billion -- Thomson Reuters I/B/E/S.Kraft Heinz Co - qtrly ‍united states net sales $4,380 million versus $4,395 million​.Kraft Heinz Co - qtrly ‍adjusted EPS of $0.83​.  Full Article

Kraft Heinz declares of $0.625 per share
Wednesday, 1 Nov 2017 04:01pm EDT 

Nov 1 (Reuters) - Kraft Heinz Co :The Kraft Heinz Company declares regular quarterly dividend of $0.625 per share.  Full Article

Suntory Beverage says unit selling some food, instant coffee operations to Kraft Heinz for 26 bln yen
Wednesday, 18 Oct 2017 10:47pm EDT 

Oct 19 (Reuters) - Suntory Beverage & Food Ltd <2587.T>::Says unit selling some food, instant coffee operations to Kraft Heinz <<>> for 26 billion yen ($230 million).  Full Article

Kraft Heinz sells its Madison, Wis., facility to Reich Brothers Holdings, LLC
Wednesday, 18 Oct 2017 03:30pm EDT 

Oct 18 (Reuters) - Kraft Heinz Co ::Kraft Heinz sells its Madison, Wis., facility to Reich Brothers Holdings, LLC.  Full Article

Kraft Heinz announces management changes
Friday, 8 Sep 2017 08:00am EDT 

Sept 8 (Reuters) - Kraft Heinz Co : :Kraft Heinz announces management changes.Kraft Heinz - ‍Appointed Paulo Basilio currently executive vice president and CFO, as zone president of United States business.Kraft Heinz Co - ‍George Zoghbi, currently chief operating officer of U.S. Business, will transition to a strategic advisor role going forward​.Kraft Heinz Co - Appointed David Knopf, currently vice president and category head of the planters business, as executive vice president and CFO.  Full Article

Kraft Heinz announces management changes
Friday, 8 Sep 2017 08:00am EDT 

Sept 8 (Reuters) - Kraft Heinz Co :Kraft Heinz announces management changes.Kraft Heinz - ‍appointment of Paulo Basili currently executive vice president and chief financial officer, as zone president of United States business​.Kraft Heinz Co - ‍George Zoghbi, currently chief operating officer of U.S. business, will transition to a strategic advisor role going forward​.Appointment of David Knopf, currently vice president as executive vice president and chief financial officer.  Full Article

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Kraft Heinz sees hit from rising competition, supply constraints

(Corrects to remove reference to company limiting supplies of cold cuts to preserve margins in paragraph 10 of Feb. 16 story)