- Packaged Foods
- Consumer Defensive
-
1.59
EPS
-
22.20
P/E
-
42.6B
MARKET CAP
-
4.55%
DIV YIELD
Company Overview
ONE PPG PLACE,PITTSBURGH PA 15222,412-456-5700
CEO
Mr. Carlos A. Abrams-Rivera
Employess
36000
Sector
Consumer Defensive
Industry
Packaged Foods
Website
https://www.kraftheinzcompany.com
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company also offers dressings, healthy snacks, and other categories; and spices and other seasonings. It sells its products through its own sales organizations, as well as 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, and foodservice distributors and institutions, including hotels, restaurants, hospitals, health care facilities, and government agencies; and online through various e-commerce platforms and retailers. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
Next Earnings Date
Nov. 6, 2024
Ex Dividends date
Sep. 27, 2024
Dividend Date
Aug. 30, 2024
YTD Performance
-7.66%
Fiscal Year End
12-25
IPO Date
2015-07-06
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 3.87% | 0.29% | 0.58% | 0.59% |
| EPS | -6.47% | 17.88% | 100.29% | 20.73% |
| Equity | 25.31% | -0.89% | -0.39% | 1.74% |
| Cash | -1.82% | 4.42% | -25.67% | 34.90% |
| Return On Capital (ROIC) | 5.45% | 4.37% | 4.94% | 6.04% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 754 | 837 | 754 | 236 | 1,030 |
| Long Term Debt | 19,400 | 19,200 | 21,100 | 28,100 | 28,200 |
| LT Finance Leases | 501 | 678 | 582 | 591 | 613 |
| Shares Outstanding | 1,230 | 1,230 | 1,220 | 1,220 | 1,220 |
| Market Cap | 45,400 | 49,900 | 43,100 | 42,800 | 38,600 |
Price
News
Kraft Heinz Is Winning Where It Counts, but Is That Enough?
1 monthLike most branded consumer products companies, Kraft Heinz is refocusing around its best brands. Around two-thirds of sales come from its top brands.
fool.com
3 Magnificent Dividend Stocks to Buy That Are Near 52-Week Lows
1 monthMacroeconomic headwinds are pressuring financial results at leading consumer goods companies. Shares of Kraft Heinz, Hershey, and Starbucks are all down 30% or more from their previous highs.
fool.com
2 Ultra-High-Yield Dividend Stocks to Buy Now
1 monthKraft Heinz has a stable portfolio of brands that can fund consistent dividend payments. Investors can benefit from the long-term growth of UPS and get paid an annual dividend yield of 5%.
fool.com
Warren Buffett Slashes Apple Holdings – But He's Keeping These 4 Dividend Stock Gems
2 months24/7 Insights Warren Buffett now has a stunning $277 billion in cash, his highest level ever Is the massive Berkshire Hathaway selling a precursor to a market crash?
247wallst.com
7 Undervalued Stocks to Scoop Up Amid Q3 Market Turbulence
2 monthsAlthough acquiring nominally cheap securities doesn't necessarily mean anything, targeting undervalued stocks is another ballgame. By undervalued, we're talking about enterprises that should be priced higher thanks to various factors.
investorplace.com
These Analysts Boost Their Forecasts On Kraft Heinz After Upbeat Earnings
2 monthsThe Kraft Heinz Company KHC reported better-than-expected second-quarter adjusted EPS results on Wednesday.
benzinga.com
Analysts Remain Bullish on Kraft Heinz Despite Sales Decline: Cost Efficiencies and Future Foodservice Initiatives Boost Optimism
2 monthsBofA Securities analyst Bryan D. Spillane reiterated the Buy rating on The Kraft Heinz Company KHC, raising the price forecast to $40 from $38.
benzinga.com
Why Kraft Heinz Stock Is Higher Today (Despite Missing Sales Estimates)
2 monthsKraft Heinz has been struggling to capitalize on all the potential efficiencies stemming from 2015's merger. The food powerhouse, however, is finally proving this merger is capable of making financial sense.
fool.com
Dow Jumps Over 200 Points; Kraft Heinz Shares Gain After Q2 Earnings
2 monthsU.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Wednesday.
benzinga.com
Kraft Heinz (KHC) Cuts Sales View In Spite of Q2 Earnings Beat
2 monthsKraft Heinz's (KHC) second-quarter 2024 results reflect lower sales and earnings on weakening consumer sentiment. Management lowers its 2024 organic net sales.
zacks.com
The Kraft Heinz Company (KHC) Q2 2024 Earnings Call Transcript
2 monthsThe Kraft Heinz Company (NASDAQ:KHC ) Q2 2024 Results Conference Call July 31, 2024 9:00 AM ET Company Participants Anne-Marie Megela - Head of Global Investor Relations Carlos Abrams-Rivera - Chief Executive Officer Andre Maciel - Executive Vice President and Global Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Steve Powers - Deutsche Bank John Baumgartner - Mizuho Securities Michael Lavery - Piper Sandler David Palmer - Evercore Robert Moskow - TD Cowen Operator Good day, and thank you for standing by. Welcome to The Kraft Heinz Company Second Quarter Results Conference Call.
seekingalpha.com
Kraft Heinz reports mixed Q2 results, trims 2024 sales growth outlook
2 monthsKraft Heinz Co (NASDAQ:KHC, ETR:KHNZ) reported mixed results for the second quarter of 2024, with adjusted earnings slightly exceeding analyst expectations but revenue falling short. The company also adjusted its sales growth outlook for the year, citing cautious consumer sentiment.
proactiveinvestors.com