Kraft Heinz (KHC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Deal OverviewAccording to media publications on July 11, 2025, The Kraft Heinz Company (NASDAQ: KHC, $27.58, Market Capitalization: $32.64 billion), a leading global packaged food company, is contemplating spinning-off its grocery business while retaining its high growth condiments and sauces segment. As per market estimates, the spin-off entity would command a valuation $20 billion, on favorable turnaround of business prospects.
Kraft Heinz (KHC) closed at $27.58 in the latest trading session, marking a +1.7% move from the prior day.
TD Cowen analysts say food-industry megamergers haven't worked.
Kraft Heinz is studying a potential spin off of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as $20 billion on its own, a source familiar with the matter said on Friday.
Kraft Heinz (KHC) closed the most recent trading day at $27.14, moving +2.53% from the previous trading session.
The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.
Kraft Heinz's stock jumps after a WSJ report that the packaged food giant is planning a breakup, 10 years after the Kraft-Heinz megamerger.
Kraft Heinz is planning a break-up, according to a report, a move that could undo a massive merger just a decade old.
Kraft Heinz shares have underperformed since its megamerger a decade ago and changing consumer tastes have hampered results.
If there is any holiday celebrated in the United States that is among the favorites of all citizens, it must be the 4th of July.
Kraft Heinz (KHC) closed at $26.66 in the latest trading session, marking a -1.48% move from the prior day.