Kraft Heinz
Coverage of Kraft Heinz in the Nexus archive.
- Kraft Heinz is raising its annual sales forecast after beating earnings expectations
Kraft Heinz is raising its annual sales forecast after exceeding earnings expectations. The company now anticipates organic sales to decline between 0.5% and 2.0% for the year, marking an improvement over its previous projection.
- 3G Capital Faces Revived US$1.2 Billion Insider-Trading Claim
Austrian asset manager Erste Asset Management is pursuing a US$1.2 billion insider-trading claim against 3G Capital and its principals, alleging misconduct in Kraft Heinz shares. 3G Capital is the investment firm co-founded by Brazilian billionaires Jorge Paulo Lemann and Carlos Alberto Sicupira.
- Kraft Heinz and Disney announce surprise partnership... and die-hard fans are all asking the same question
Kraft Heinz and Disney have announced an unexpected partnership, prompting a common question among dedicated fans. The collaboration has sparked curiosity about its implications.
- Kraft Heinz is striking a multiyear deal with Disney to supply its resorts and put characters on its products
Kraft Heinz has entered a multiyear agreement with Disney to supply condiments, mac and cheese, and cream cheese at Disney's North American parks and cruise line. The deal also includes featuring Disney characters on Kraft Heinz products.
- CR Investigation: Concerning levels of additives found in some popular snack foods
Consumer Reports and Yuka tested 40 processed foods/drinks, finding 25% contained concerning additive levels, rising to over a third with contaminants. The FDA declined to comment on specific results but mentioned a stronger post-market review process. Companies like Kraft Heinz and Ocean Spray stated their products meet U.S. standards and plan to remove artificial additives.
- Kool-Aid to launch electrolyte packets with no artificial dyes as part of Kraft Heinz makeover
Kraft Heinz is modernizing its legacy brands to reverse slumping sales, including Kool-Aid launching electrolyte packets with no artificial dyes. This move is part of Kraft Heinz's makeover efforts. The goal is to improve sales and update the company's image.
- Jim Cramer's top 10 things to watch in the stock market Thursday
Jim Cramer discusses key factors to watch in the stock market, including Arm shares dropping despite strong CPU demand and the potential of Kraft Heinz. Arm's performance is notable due to its strong demand. Kraft Heinz should not be written off.
- Kraft Heinz CEO reveals the company’s biggest growth opportunities
Kraft Heinz CEO Steve Cahillane believes the company's biggest growth opportunity lies in reinvesting in its legacy brands. This strategy aims to revitalize established brands. The move is expected to drive business growth.