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The Kraft Heinz Company (KHC) ranks #26 on Fast Company's list of the World's Most Innovative Companies for 2024. Kraft Heinz is lauded for its innovative product development and use of breakthrough technologies to provide value for customers. The company's HEINZ REMIX, a customizable digital sauce dispenser, is highlighted as a top innovation. CEO Carlos Abrams-Rivera emphasizes the company's focus on driving innovation and unlocking Kraft Heinz's potential. Kraft Heinz is dedicated to creative disruption, collaboration, and digital solutions, with recent innovations including the 360CRISP platform and an AI-enabled supply chain control tower.
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1%
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Lunchables launches Dunkables snacks, celebrating kid imagination over artificial intelligence. The brand introduces the Dunkables Head of Imagination role for kids to showcase creativity. A.I. vs. K.I. campaign highlights kids' imaginative artwork surpassing A.I. limitations.
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-1.09%
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Kraft Heinz (KHC) launches KD NotMacandCheese, the first plant-based KD offering, and KD Gluten Free to cater to the growing demand for plant-based and gluten-free options in Canada. The launch is a result of a joint venture with TheNotCompany, Inc. The products aim to provide consumers with the familiar taste of KD without compromising on flavor. KD NotMacandCheese comes in Original and White Cheddar Style, while KD Gluten-Free is available in Original flavor. The release addresses the increasing demand for plant-based and gluten-free alternatives in the food market, with KD leveraging its iconic status to introduce innovative products to meet consumer preferences.
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-1.09%
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The Kraft Heinz Not Company debuts plant-based Oscar Mayer NotHotDogs and NotSausages, aiming to fill a gap in the underdeveloped plant-based meat market. The joint venture combines Kraft Heinz's legacy with NotCo's AI technology to offer savory and smoky alternatives. The launch responds to the growing demand for delicious plant-based options, leveraging the projected $19 billion US plant-based market by 2030.
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0.63%
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The Kraft Heinz Company (KHC) presented at the 2024 Consumer Analyst Group of New York Conference, detailing its growth pillars, enablers of growth, and long-term financial profile. The company aims for organic net sales growth of 2-3%, adjusted operating income growth of 4-6%, and adjusted EPS growth of 6-8%. The 2024 outlook includes organic net sales growth of 0-2%, adjusted operating income growth of 2-4%, and adjusted EPS growth of 1-3%.
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2.16%
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Frankford Candy introduces new Easter-themed gift sets and candies, including PEEPS® and Kellogg's® Rice Krispies® products. The lineup features PEEPS® Plush Bus and Farm House Gift Sets, Kellogg's® Rice Krispies® Strawberry Bunny, Dunkin'® Assorted Donut-Flavor-Filled Chocolate Eggs, and Claussen® Pickles Jelly Beans. These treats are available at various retailers nationwide, offering a sweet surprise for the upcoming holiday season.
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2.59%
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The Kraft Heinz Company (KHC) declares a regular quarterly dividend of $0.40 per share of common stock, payable on March 29, 2024, to stockholders of record as of March 8, 2024.
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-5.45%
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Kraft Heinz (KHC) reports financial results for Q4 and full year 2023, highlighting net sales growth, increased gross profit margin, and adjusted EPS. CEO Carlos Abrams-Rivera discusses progress and strategies for 2024, with a focus on driving market share and volume improvement.
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-5.45%
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Crystal Light introduces new Mixology, Immunity, and Energy product lines, marking the first additions to its portfolio in over a decade. The Mixology line offers cocktail-inspired flavors, the Immunity line features Zinc and Vitamin C, and the Energy line provides 75mg of caffeine per serving. The brand also unveils a new logo and packaging design to cater to evolving consumer preferences.
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-0.03%
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The Kraft Heinz Company has signed an agreement with Carlton Power to develop a renewable green hydrogen plant at its Kitt Green manufacturing plant in Wigan, Greater Manchester. The proposed 20MW plant will meet more than 50% of the plant’s annual natural gas demand and reduce the plant’s carbon emissions by 16000T/yr. The hydrogen will be produced by an electrolyser using electricity generated from renewable sources. The project is contingent on securing financial support from the UK Government's Hydrogen Allocation Round (HAR2) and aims to deliver hydrogen to Kitt Green in 2026/27.
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End-of-Day
-1.14%
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The Kraft Heinz Company
Nasdaq:KHC
KHC Rankings
KHC Stock Data
44.14B
883.88M
27.09%
54.81%
1.84%
Fruit and Vegetable Canning
Manufacturing
United States of America
PITTSBURGH
About KHC
the kraft heinz company (nasdaq: khc) is the third-largest food and beverage company in north america and the fifth-largest food and beverage company in the world, with eight $1 billion+ brands. a globally trusted producer of delicious foods, the kraft heinz company provides high quality, great taste and nutrition for all eating occasions whether at home, in restaurants or on the go. the company’s iconic brands include kraft, heinz, abc, capri sun, classico, jell-o, kool-aid, lunchables, maxwell house, ore-ida, oscar mayer, philadelphia, planters, plasmon, quero, weight watchers smart ones and velveeta. the kraft heinz company is dedicated to the sustainable health of our people, our planet and our company. for more information, visit www.kraftheinzcompany.com