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Kraft Heinz Company (KHC) news hub provides investors and stakeholders with direct access to official announcements and market-moving developments from one of the world's largest food and beverage corporations. This comprehensive resource aggregates earnings reports, product innovation updates, leadership changes, and sustainability initiatives straight from the source.
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The Kraft Heinz Company (KHC) has entered into a 12-year virtual power purchase agreement with Repsol, aiming to source over 90 gigawatt hours of renewable energy annually. This initiative supports Kraft Heinz's goal to obtain the majority of its electricity from renewable sources by 2025, with expectations to power 90% of its European sites. The agreement aligns with the Company's ambition to achieve net zero emissions by 2050 and reduce emissions by 50% by 2030.
The Kraft Heinz Company has unveiled a new brand identity for Kraft Mac & Cheese, reflecting its evolution as America's comfort food. This updated identity includes a new logo, simplified name, and refreshed packaging, emphasizing the positive emotions associated with the product. The iconic blue box now features a single-color hue and a more pronounced 'noodle smile'. The rebranding aims to resonate with consumers' desire for feel-good food and will be visible on social media and in stores starting August. This initiative reflects Kraft's commitment to growth and consumer engagement.
JET-PUFFED, a Kraft Heinz brand, has launched new glow-in-the-dark Camp S’mores packaging aimed at enhancing summer campfire experiences. This innovative packaging aims to make it easier for consumers to locate marshmallows at night. To celebrate, JET-PUFFED introduced the JET-PUFFED S’morion constellation and encourages fans to participate in the #GoSmoregazing campaign on Instagram for a chance to win s’mores kits. The new Camp S’mores are priced at $2.99 and available at Walmart and other retailers.
The Kraft Heinz Company (Nasdaq: KHC) announced that Andre Maciel, Global CFO, and Rafael Oliveira, EVP and President of International Markets, will participate in a fireside chat at Deutsche Bank's 19th annual dbAccess Global Consumer Conference on June 15, 2022, at 2:45 p.m. Central European Time. A live webcast will be available on the company's investor relations site, with replays accessible afterwards. Kraft Heinz, committed to transforming consumer experiences, reported approximately $26 billion in net sales for 2021.
VELVEETA, a Kraft Heinz brand, has launched its first nail polish collection, the Pinkies Out Polish, in collaboration with Nails.INC. This creative initiative aligns with the brand's new platform 'La Dolce Velveeta', encouraging fans to embrace a bold lifestyle. The collection features a cheese-scented nail polish duo priced at $15 and nail stickers for $4.99. Designed for pleasure seekers, the nail polish is available exclusively on Amazon and NailsInc.com. The initiative reflects Kraft Heinz's strategy to diversify its product offerings and engage with consumers in unique ways.
The Kraft Heinz Company (Nasdaq: KHC) announced that CEO Miguel Patricio will participate in a fireside chat at Bernstein’s 38th Annual Strategic Decisions Conference.
The event is scheduled for June 2, 2022, at 4:30 p.m. Eastern Time. A live webcast will be available on their investor relations website, with a replay accessible afterward.
Kraft Heinz reported approximately $26 billion in net sales for 2021, focusing on consumer-driven product platforms and promoting sustainable practices.
The Kraft Heinz Company (NASDAQ: KHC) announced that funds affiliated with 3G Capital, its second-largest shareholder, have distributed around 88 million shares of KHC common stock to external investors. Post-distribution, 3G's co-founders and partners will retain approximately 7.9% of the Company through 3G funds, which will be subject to a 60-day voluntary lock-up. CEO Miguel Patricio highlighted 3G's valued partnership in transforming Kraft Heinz's market position over recent years.
HEINZ has launched the ‘Art of the Burger’ competition, inviting burger enthusiasts to create a unique burger masterpiece to be featured at BurgerFi locations. The contest runs until July 12, with a prize of
Kraft Heinz is collaborating with Pulpex to create a sustainable, paper-based bottle for its iconic HEINZ sauces, marking a significant step toward reducing environmental impact. This innovative packaging, made from 100% sustainably sourced wood pulp, aims to be the first of its kind in the sauce industry. The initiative aligns with Kraft Heinz's goal of making all packaging recyclable, reusable, or compostable by 2025, and achieving net-zero greenhouse gas emissions by 2050. Prototype testing will follow to assess performance before market introduction.
The Kraft Heinz Company (KHC) declared a quarterly dividend of $0.40 per share, payable on June 24, 2022, to stockholders recorded by May 27, 2022. In 2021, Kraft Heinz reported net sales of approximately $26 billion, showcasing its commitment to growing iconic food and beverage brands globally. The company emphasizes sustainability and ethical practices while aiming to make a healthy impact in feeding the world. For further information, visit www.kraftheinzcompany.com.
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