Kraft Heinz's stock rose in early Wednesday trading after the company said it's still weighing strategic options, which reportedly include the sale of many of its grocery-store brands.
Kraft Heinz (KHC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.78 per share a year ago.
KHC battles weak volumes, shifting consumer habits and cost pressures that threaten sales and margins.
Kraft Heinz (KHC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kraft Heinz (NASDAQ: KHC) is reportedly preparing to split into two or possibly three businesses, separating high-margin consumer staples like condiments and mac & cheese from lower-margin grocery and meat segments.
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.