Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $34.00 | Sell | Goldman |
5/22/2024 | $42.00 | Neutral → Overweight | Piper Sandler |
2/1/2024 | $43.00 | Buy | Citigroup |
12/11/2023 | $40.00 → $42.00 | In-line → Outperform | Evercore ISI |
11/14/2023 | $40.00 | Mkt Perform → Outperform | Bernstein |
9/22/2023 | $38.00 | Hold | HSBC Securities |
9/13/2023 | $35.00 | Market Perform | TD Cowen |
4/14/2023 | $44.00 | Buy | Stifel |
The Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Sept. 27, 2024, to stockholders of record as of Aug. 30, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approximately $27 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consum
Lowers Full Year Outlook for Organic Net Sales(1)(2) and Adjusted Operating Income(1)(2) Reaffirms Full Year Outlook for Adjusted EPS(1)(2) Second Quarter Highlights Net sales decreased 3.6%; Organic Net Sales(1) decreased 2.4% Gross profit margin increased 180 basis points to 35.4%; Adjusted Gross Profit Margin(1) increased 210 basis points to 35.5% Operating income decreased 62.1%; Adjusted Operating Income(1) increased 2.0% Diluted EPS was $0.08, down 90.1%; Adjusted EPS(1) was $0.78, down 1.3% Year-to-date net cash provided by operating activities was $1.7 billion, up 8.1%; Free Cash Flow(1) was $1.2 billion, up 8.7% Year-to-date return of capital to stockhold
The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz") will release its second quarter 2024 financial results on Wednesday, July 31, 2024. A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the market opens. Kraft Heinz management will then host a live question-and-answer session with analysts beginning at 9:00 a.m. Eastern Daylight Time. The earnings release, supplemental materials, and audio of Kraft Heinz's question-and-answer session can be accessed at ir.kraftheinzcompany.com. A replay will be available following the event through the same website. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft
Goldman initiated coverage of Kraft Heinz with a rating of Sell and set a new price target of $34.00
Piper Sandler upgraded Kraft Heinz from Neutral to Overweight and set a new price target of $42.00
Citigroup initiated coverage of Kraft Heinz with a rating of Buy and set a new price target of $43.00
SC 13G/A - Kraft Heinz Co (0001637459) (Subject)
SC 13G/A - Kraft Heinz Co (0001637459) (Subject)
SC 13G/A - Kraft Heinz Co (0001637459) (Subject)
Carlos Abrams-Rivera, Executive Vice President and President of the North America Zone, to become Chief Executive Officer effective January 1, 2024 Current Chief Executive Officer, Miguel Patricio, to become Non-Executive Chair of the Board on January 1, 2024 The Kraft Heinz Company (NASDAQ:KHC) (the "Company" or "Kraft Heinz") today announced that the Company's Board of Directors (the "Board") has appointed Carlos Abrams-Rivera as Chief Executive Officer and a member of the Board, effective January 1, 2024. Until then, Abrams-Rivera will continue in his role as President of the North America Zone with the added responsibilities of becoming President of Kraft Heinz, effective immediatel
WESTPORT, Conn., July 17, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE:CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, today announced that Geoffrey Feil has been named CEO of its subsidiary The Sterno Group Companies, LLC ("Sterno" or "The Sterno Group"), a manufacturer and marketer of portable food warming systems, creative indoor and outdoor lighting, and home fragrance solutions for the foodservice industry and consumer markets. Concurrent with Mr. Feil's appointment, Craig Carnes assumed the new role of Chief Customer Officer. Mr. Feil has over 20 years of business leadership and management experience, holding previous roles in brand management,
Branded CPG International Regions to be Operated Collectively Under New Leadership Nigel Willerton, Founder of Wholesome Sweeteners, Named as President and COO of Branded CPG North America Region Rajnish Ohri, Formerly VP and MD of Branded CPG IMEA Region, Named as President and COO of Branded CPG International Region Jeffrey Robinson will continue to serve as President and COO of Flavors & Ingredients Bernardo Fiaux, Former CFO of Kraft Heinz Meals, Condiments, and Foodservice Division in North America, Named as Chief Financial Officer Announces Amendment to Credit Agreement, Increases Leverage Covenant to Provide Near-term Flexibility Reaffirms Full Year 2023 Guidance CHICAGO, Apri
Combining nostalgia with modern design, The Jelly Collection by JELL-O features four vibrant colors inspired by fan-favorite flavors Today, JELL-O, the brand known for making life's modern-day moments sweet with its colorful, jiggly treats, enters the home décor space. Introducing: The Jelly Collection by JELL-O – a line of playfully bold furniture inspired by iconic JELL-O molds. With the perfect blend of Y2K nostalgia and modern design, the Jelly Collection by JELL-O is set to brighten homes across the nation this fall. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910110470/en/JELL-O Unveils ‘The Jelly Collection': A Line
The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz") announced today that Carlos Abrams-Rivera, Chief Executive Officer, and Andre Maciel, EVP and Global Chief Financial Officer, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Thursday, Sept. 5, 2024, to discuss the Company's business strategy. The session will begin at 11:15 a.m. Eastern time, and a live webcast will be available at ir.kraftheinzcompany.com. A replay will be accessible after the event on the same website and will be available for six months. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make
The brands combine their classic flavours to serve up three crave-worthy, limited-edition offerings exclusively in Canada Canada's favourite comfort foods just got even more crave-worthy. Today, the KD and KFC brands join forces to unveil three limited-edition offerings across grocery retailers and KFC restaurants nationwide. Introducing: KD KFC Original Recipe Flavour Mac ‘n Cheese, now available on grocery shelves, and the KD Mac & Cheese Chicken Sandwich and the KD Mac & Cheese Snacker Wrap, both of which are available in all KFC Canada restaurants. The Canada-exclusive collaboration marks the first time either has collaborated with another brand to launch limited-edition retail offeri
4 - Kraft Heinz Co (0001637459) (Issuer)
4 - Kraft Heinz Co (0001637459) (Issuer)
4 - Kraft Heinz Co (0001637459) (Issuer)
8-K - Kraft Heinz Co (0001637459) (Filer)
10-Q - Kraft Heinz Co (0001637459) (Filer)
8-K - Kraft Heinz Co (0001637459) (Filer)
The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives engaged in a meeting with Chinese officials. What Happened: The delegation, led by FedEx Corporation (NYSE:FDX) CEO Raj Subramaniam, met with Chinese Vice-Premier He Lifeng and Foreign Minister Wang Yi. The visit aimed to gain first-hand insight following the conclusion of China’s third plenum, South China Morning Post reported on Tuesday. The Chinese officials expressed their hope that the U.S.-China Business Council could encourage American firms to seize opportunities in China, leading to mutual cooperation and development. Wang stated that the delegation’s
Barclays analyst Andrew Lazar maintains Kraft Heinz (NASDAQ:KHC) with a Equal-Weight and lowers the price target from $36 to $34.
Citigroup analyst Thomas Palmer maintains Kraft Heinz (NASDAQ:KHC) with a Buy and lowers the price target from $42 to $38.