News

Given Kraft Heinz’s lagging performance compared to the broader market over the past year, Wall Street analysts have adopted ...
Kraft Heinz CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...
Kraft Heinz Co.’s stock rose Wednesday despite a massive charge booked by the packaged-food giant for the losses in its stock ...
CEO Carlos Abrams-Rivera remained tight-lipped on giving new perspective on the “strategic transactions” revealed in May.
PITTSBURGH — Citing a sustained decline in its stock price, the Kraft Heinz Co. took a $9.3 billion non-cash impairment ...
Kraft Heinz swung to a loss in the second quarter, hurt by a large impairment charge, as it posted another drop in sales.
Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and ...
Key Points Adjusted EPS of $0.69 beat expectations in Q2 FY2025 but Adjusted EPS of $0.69 declined 11.5% versus the prior year period. Revenue (GAAP) was $6.35 billion, ahead of estimates, but ...
Carlos Abrams-Rivera said during the company’s Q2 earnings call that the board was evaluating “those strategic options” to ...
Post-separation, RemainCo will retain Kraft Heinz’s faster-growing and more consumer-aligned brands, focusing on ...
Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost ...
With Kraft Heinz Co. reportedly considering a breakup of its business, some analysts believe more of its food-industry peers should do the same.