Kraft Heinz


Kraft Heinz to Snap up Assan Foods

Kraft Heinz (KHC) has announced that it will acquire Assan Foods from Turkish firm Kibar Holding for $100 million. Assan Foods, a sauces-focused …

Kraft Heinz 4Q Sales Beat Analysts’ Estimates; Shares Pop 5%

Kraft Heinz reported better-than-expected earnings on Feb. 11 driven largely by people staying at home due to pandemic-led lockdowns and ordering more packaged …

Kraft Heinz To Sell Nuts Business To Hormel Foods For $3.35B

Kraft Heinz has agreed to sell its nuts business to Hormel Foods Corp. in a cash deal valued at $3.

Kraft Heinz or General Mills: Which Food Stock Is A Better Buy?

Packaged food companies experienced a spike in demand when the pandemic triggered shelter-at-home orders earlier this year. With the gradual reopening of restaurants …

Kraft Heinz Slashes Output At Three Plants, Boosts Packaged Food Production

Kraft Heinz’s (KHC) CEO Miguel Patricio has announced that the company has slashed production at three plants providing restaurant supplies, as consumer behavior …

Kraft Heinz (KHC): There Goes the Buy Rating, Merrill Lynch Downgrades the Stock

Investors weren’t impressed with Kraft Heinz (KHC) latest earnings report (to say the least), and at least one Wall Street analyst has had …

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