Welcome to our dedicated page for Kraft Heinz Co news (Ticker: KHC), a resource for investors and traders seeking the latest updates and insights on Kraft Heinz Co stock.
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.
Users gain strategic insights through curated press releases spanning retail performance, foodservice expansion, and global supply chain developments. The collection includes financial disclosures, merger/acquisition activity, and brand portfolio updates critical for understanding KHC's position in the competitive packaged foods sector.
Bookmark this page for streamlined access to Kraft Heinz's latest operational milestones, regulatory filings, and consumer trend responses. All content is sourced from verified corporate communications, maintained current through continuous updates, and organized for efficient navigation across business segments.
Bagel Bites, the beloved oven-baked snack, makes a triumphant return to Canadian grocery shelves after fans expressed disappointment following its 2021 exit. The snack offers three iconic flavors and convenient preparation options, aiming to recapture its nostalgic appeal and bring back lost shoppers. With a focus on flavor, convenience, and a new packaging design, Bagel Bites is set to reignite its position as a household snack favorite in Canada.
Oscar Mayer introduces a new line of Stuffed Dogs with bold flavors like Cheese, Jalapeño Cheddar, and Chili Cheese to grocery stores nationwide. The brand aims to cater to the evolving preferences of consumers by providing unique and delicious options inspired by restaurant offerings. Stuffed Dogs are currently outpacing traditional hot dogs in the Cheese Dog category, prompting Oscar Mayer to expand its product line to meet consumer demand for flavorful and indulgent options. The new Stuffed Dogs are available in eight-packs for $4.99 at major grocery retailers.
Kraft Heinz and TGI Fridays announced a new perpetual licensing deal to sell TGI Fridays branded frozen appetizers in retail locations across North America. The agreement replaces a prior duration arrangement and focuses on bringing high-quality restaurant-inspired appetizers to consumers.
The Kraft Heinz Company (KHC) has declared a regular quarterly dividend of $0.40 per share of common stock, payable on June 28, 2024. The dividend is a positive signal to investors of the company's financial stability and commitment to returning value to shareholders.
The Kraft Heinz Company reported its first quarter 2024 results, with net sales decreasing 1.2% and organic net sales down 0.5%. Gross profit margin increased by 240 basis points, and operating income rose by 4.7%. Diluted EPS was $0.66, down 2.9%, while adjusted EPS increased by 1.5% to $0.69. The company reaffirmed its full-year outlook for 2024, expecting organic net sales growth of 0 to 2%, adjusted operating income growth of 2 to 4%, and adjusted EPS growth of 1 to 3%.
VELVEETA, the iconic cheese brand, introduces its first-ever Queso offering in three tasty flavors, along with new Shells & Cheese varieties and a Gluten-Free option. This marks the brand's first innovation in five years, aiming to captivate a younger audience and provide convenient, flavorful, and customizable options for cheese lovers.
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