The Kraft Heinz Company (KHC)
| Market Cap | 38.18B |
| Revenue (ttm) | 26.13B |
| Net Income (ttm) | 1.37B |
| Shares Out | 1.21B |
| EPS (ttm) | 1.11 |
| PE Ratio | 28.32 |
| Forward PE | 10.44 |
| Dividend | $1.60 (5.07%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 5,180,419 |
| Open | 31.56 |
| Previous Close | 31.61 |
| Day's Range | 31.30 - 31.71 |
| 52-Week Range | 30.40 - 38.96 |
| Beta | 0.46 |
| Analysts | Hold |
| Price Target | 36.90 (+16.87%) |
| Earnings Date | Oct 30, 2024 |
About KHC
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie’s, Pudliszki, and Plasmon brands. It sells its products through its own sales organizatio... [Read more]
Financial Performance
In 2023, The Kraft Heinz Company's revenue was $26.64 billion, an increase of 0.59% compared to the previous year's $26.49 billion. Earnings were $2.86 billion, an increase of 20.82%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for KHC stock is "Hold." The 12-month stock price forecast is $36.9, which is an increase of 16.87% from the latest price.
News
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It's
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Nearly half of Americans customize their mac & cheese by adding extra seasonings and ingredients, affectionately known as “mac hacks.”1 Today, KRAFT Mac & Cheese...
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Kraft Heinz ordered to face Mac & Cheese lawsuit over ‘no preservatives' label
A federal judge said Kraft Heinz must face a proposed nationwide class action lawsuit over claims that its Kraft macaroni and cheese contains no artificial preservatives.
Kraft Heinz must face Mac & Cheese lawsuit, judge rules
A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains n...
Kraft Heinz discontinues school Lunchables
Lunchables—pre-packaged boxes of crackers, cheese, and deli meat—will no longer be part of the National School Lunch Program (NSLP), a school program that provides free lunches to kids in need, Kraft ...
Kraft Heinz: Value Opportunity If Managers Adapt To Changing Grocery Preferences
Kraft Heinz has struggled with declining North American sales due to rising competition from private-label and niche brands. KHC's failure to adapt to consumer trends and health preferences has left i...
Kraft and Hershey Stock Have Been Dropping. It Isn't About RFK.
Evercore warns that many packaged food companies are losing market share.
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Kraft Heinz sales drop as inflation-battered consumers pull back on pricey packaged foods
The food company – which owns brands like Kraft Mac & Cheese, Heinz Tomato Ketchup, Lunchables, Capri Sun, Kool Aid and Jell-O – raised its prices by 1.2 percentage points during the quarter ended Sep...
The Kraft Heinz Company (KHC) Q3 2024 Earnings Call Transcript
The Kraft Heinz Company (NASDAQ:KHC) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Anne-Marie Megela - Global Head, Investor Relations Carlos Abrams-Rivera - Chief...
Kraft Heinz's stock drops as sales volumes fall again, more than prices rise
Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.
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Kraft Heinz trims 2024 forecasts on Lunchables drag, tepid demand
Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for the packaged food giant's branded products such as Lunchables meal kits.
The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--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 st...
Kraft Heinz Reports Third Quarter 2024 Results
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the third quarter of 2024. “In the third quarter, our...
Kraft Heinz Announces New Member of Board of Directors
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) announced today that Debby Soo, CEO of OpenTable, Inc., has been appointed to the Board of...
Cramer's Mad Dash: J.M. Smucker / Kraft Heinz
CNBC's Jim Cramer delivers his daily Mad Dash.
Kraft Heinz Welcomes Angel Shelton Willis as Global General Counsel and Corporate Affairs Officer
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) today announced the appointment of Angel Shelton Willis as Executive Vice President, Global General Counsel and Corporate A...
Exclusive: JBS, Sigma vie for Kraft Heinz's $3 billion hot-dog business, sources say
Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz , according to people fam...
Kraft Heinz: Undervalued And Thriving In The Post-3G Era
Kraft Heinz remains a solid investment for income and value investors, with a well-covered 4.4% dividend yield and strong brand innovation post-3G Capital's cost-cutting era. Despite modest volume dec...
Buy 7 Sustainable Dividend Dogs From Barron's October 100
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