News

Kraft Heinz Co.’s stock rose Wednesday despite a massive charge booked by the packaged-food giant for the losses in its stock ...
PITTSBURGH — Citing a sustained decline in its stock price, the Kraft Heinz Co. took a $9.3 billion non-cash impairment ...
CEO Carlos Abrams-Rivera remained tight-lipped on giving new perspective on the “strategic transactions” revealed in May.
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 CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...
Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and ...
Carlos Abrams-Rivera said during the company’s Q2 earnings call that the board was evaluating “those strategic options” to ...
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 ...
Kraft Heinz beat Q2 earnings and sales estimates but maintained a cautious full-year outlook with declining organic net sales ...
Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...