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.
The Kraft Heinz Company (Nasdaq: KHC) generates a steady stream of brand, product, and corporate news that reflects its role as a major global food and beverage manufacturer. Company communications emphasize a focus on consumers, a portfolio of iconic and emerging brands, and eight consumer-driven product platforms. For followers of KHC, the news cycle provides insight into how Kraft Heinz activates brands such as HEINZ, Kraft Mac & Cheese, Oscar Mayer, JELL-O, and Ore-Ida.
Recent HEINZ announcements highlight packaging and experiential innovations, including the HEINZ Dipper, a fry box with a built-in ketchup compartment for dipping on the go, and HEINZ Leftover Gravy, a squeezable gravy condiment tailored to Thanksgiving leftovers. HEINZ has also appeared in collaborations like the Herschel x HEINZ luggage collection, which turns the brand’s ketchup-red identity into travel gear.
Other news showcases Kraft Mac & Cheese campaigns such as the “Best Thing Ever” creative platform and limited-time Apple Pie flavored Kraft Mac & Cheese, as well as JELL-O’s seasonal “No Thanks” Thanksgiving molds and Ore-Ida’s French Fry Skis collaboration with Fischer Sports. Oscar Mayer announcements describe the long-running Hotdogger program and the Wienermobile’s role in brand storytelling.
Corporate and financial updates also appear in the news flow, including leadership changes, the appointment of a new Chief Executive Officer, dividend declarations, and details about a planned separation of Kraft Heinz into two independent, publicly traded companies: Global Taste Elevation Co. and North American Grocery Co. For investors and brand watchers, the KHC news page offers a single place to follow product launches, marketing initiatives, governance changes, and strategic announcements as they are disclosed through official releases.
VELVEETA, a Kraft Heinz (KHC) brand, has launched Vel2Go, its first-ever single-serve cheese packets, marking the brand's entry into the condiment category. This -edition product aims to meet the growing demand for portable condiments, particularly among millennials and Gen Z, with one in four bringing their own condiments on-the-go.
The product will be available exclusively on Walmart.com at $5.91 for three cartons, each containing four packets. This launch follows VELVEETA's recent introduction of ready-to-eat queso, demonstrating the brand's strategy to expand into new formats.
The initiative targets the unmet market need for convenient cheese condiments, allowing consumers to add VELVEETA cheese to various foods from drive-thru fries to stadium hot dogs, aligning with the brand's 'La Dolce Velveeta' lifestyle marketing campaign.
The Kraft Heinz Company (Nasdaq: KHC) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025, before market opening. The company will provide a press release and supplemental materials, including a pre-recorded management discussion.
Following the release, Kraft Heinz management will host a live question-and-answer session with analysts starting at 9:00 a.m. Eastern Standard Time. All materials, including the earnings release, supplemental materials, and audio of the Q&A session, will be accessible through the company's investor relations website. A replay of the event will also be made available on the same platform.
Kraft Heinz (Nasdaq: KHC) has announced the appointment of Marcel Regis as President of West and East Emerging Markets, effective February 3, 2025. Based in Brazil, Regis will oversee operations in Latin America, Eastern Europe, the Middle East, and Africa, which comprises one of the business Zones created in 2024.
Regis joins from Loft, where he served as Chief Operating Officer since July 2022, and brings 25 years of experience from Anheuser-Busch InBev. His previous roles include President of Colombia and South Africa, Global VP for Commercial Integration of SABMiller, and Non-Alcoholic Beverages VP in Brazil.
He will succeed Bruno Keller, who will depart on March 7 after an 11-year tenure with Kraft Heinz. CEO Carlos Abrams-Rivera emphasized that Emerging Markets is one of their three Growth Pillars, and Regis's appointment aims to accelerate growth in critical markets worldwide.
Oscar Mayer has opened applications for its 2024 Hotdogger Program, offering recent college graduates a one-year, full-time position driving the iconic Wienermobile. Applications are open through January 31, with 12 positions available. The program, established in 1988, aims to develop future leaders and brand ambassadors.
Selected Hotdoggers will drive and maintain the 27-foot-long hot dog vehicle, visiting approximately 40 cities and attending hundreds of events as brand representatives. The role includes content creation, media appearances, and public engagement responsibilities. The position offers unique experience in social media and brand marketing, with Hotdoggers becoming the face of a multi-billion-dollar brand.
Oscar Mayer celebrates the 50th anniversary of 'The Bologna song' commercial, first aired in 1974, by re-airing the original advertisement during the Thanksgiving football game. The company launches 'Sing To Pay' promotion running through December 15, where fans who correctly sing the jingle can receive Instacart credits for groceries, including Oscar Mayer Bologna. Additionally, the Wienermobile will tour select cities, offering free bologna to those who successfully perform the song.
KRAFT is launching its first-ever Everything Bagel Mac & Cheese flavor, exclusively available on Walmart.com. This innovation emerged as the winning flavor from the brand's 'Fan Flavorites' program, addressing the trend where nearly half of Americans customize their mac & cheese with additional seasonings. The launch marks KRAFT's new flavor-focused strategy, with fewer than 15,000 boxes available nationwide - less than 2% of daily Original KRAFT Mac & Cheese sales. The product will be available for pre-sale starting November 25 at $1.58 SRP. This initiative responds to market data showing flavored mac & cheese category growth outpacing the total category by 7x over the past five years.
Kraft Heinz (Nasdaq: KHC) has announced its Board of Directors has declared a regular quarterly dividend of $0.40 per share of common stock. The dividend will be paid on December 27, 2024, to stockholders of record as of November 29, 2024.
Kraft Heinz reported Q3 2024 financial results with net sales decreasing 2.8% to $6.4 billion and Organic Net Sales declining 2.2%. The company recorded a net loss of $290 million, with diluted EPS at $(0.24), down 214.3%, primarily due to non-cash impairment losses of $1.4 billion. Adjusted EPS increased 4.2% to $0.75. Year-to-date cash flow from operations reached $2.8 billion, up 6.7%. The company narrowed its full-year outlook, expecting Organic Net Sales, Adjusted Operating Income, and Adjusted EPS growth to be at the low end of previous guidance ranges.
Kraft Heinz (Nasdaq: KHC) has appointed Debby Soo, CEO of OpenTable, to its Board of Directors, effective October 24, 2024. Soo brings extensive experience in technology development and global business strategy from her roles at OpenTable and KAYAK, where she served as Chief Commercial Officer. She previously held positions at Google and Citigroup Global Markets. The appointment aligns with Kraft Heinz's focus on modernizing operations through Agile@Scale methodology. Soo's expertise in emerging technologies and organizational transformation is expected to contribute to the company's long-term growth strategy.
Kraft Heinz (Nasdaq: KHC) has appointed Angel Shelton Willis as Executive Vice President, Global General Counsel and Corporate Affairs Officer, effective November 18. Willis joins from Sealed Air , where she served as Vice President, General Counsel & Secretary. In her previous role, she led global legal, ethics and compliance, regulatory and corporate affairs functions. Willis brings extensive experience from her 14-year tenure at Ingersoll Rand Company and previous roles at Cummins, Inc. She holds degrees from Clemson University and the University of Illinois. She will relocate to Chicago to work from Kraft Heinz's co-headquarters.
FAQ
What is the current stock price of Kraft Heinz Co (KHC)?
What is the market cap of Kraft Heinz Co (KHC)?
