Fears of inflation are mounting again, especially with the prospects of steep tariffs on imports to the U.S. Consumer sentiment is plunging the furthest in years. Unemployment claims are rising.
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, the HEINZ brand, the number one global player in sauces, debuts its Flavor Tour line of condiments: three sauces inspired by cuisines from around the world. Available in Mexican Inspired Street Corn, Korean Inspired Sweet & Tangy BBQ, and Thai Inspired Sweet Chili, each sauce is a versatile and unique fusion of flavor with the unmistakable quality that HEINZ lovers expect. Now rolling out on shelves nationwide, the new line underscores the brand.
Kraft Heinz's underperformance for years has scared away investors. Yet, shares offer outstanding 8.5% free cash flow and 5.5% dividend yields, making it an attractive investment. The company has significantly reduced its net debt from $31 billion in 2018 to $18.5 billion, while increasing operating cash flow, thus improving its financial stability profile. With Berkshire Hathaway's support and stable cash flows, Kraft Heinz stock is rated a Buy under $30, targeting a potential price double over five years.
The Kraft Heinz Company (NASDAQ:KHC ) Consumer Analyst Group of New York Conference (CAGNY) 2025 February 18, 2025 11:00 AM ET Company Participants Carlos Abrams-Rivera - Chief Executive Officer Andre Maciel - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Andrew Lazar Great. If we could just find our seats, we'll kick off our next presentation.
Global packaged food group Kraft Heinz is working with investment bank Houlihan Lokey to sell its Italy-based infant food product brand Plasmon, two sources close to the matter said on Tuesday.
As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup and Capri Sun — wants to give them a break from inflation this year.
BofA Securities analyst Peter T. Galbo downgraded Kraft Heinz Co KHC from Buy to Underperform and lowered the price forecast from $36.00 to $30.00 after reviewing the fourth-quarter FY24 results and the underwhelming FY25 outlook.
Kraft Heinz Co (NASDAQ:KHC, ETR:KHNZ) has been downgraded to ‘Underperform' by analysts at Bank of America after the packaged foods firm's initial 2025 outlook disappointed. They also lowered their price objective on the stock to $30 from $36.
The problem for Kraft Heinz stock is simple: market share, sales volumes, and profits are all headed in the wrong direction. A supposed turnaround strategy under a new CEO seems hardly differentiated from previous plans that failed to work. With KHC at a four-year low, there is a real upside if this time is different, and the company can begin to drive consistent growth.
Kraft Heinz (KHC) shares fell 3.5% intraday Wednesday as the food giant reported fourth-quarter sales and issued 2025 guidance that missed analysts' estimates.
Kraft Heinz Co (NASDAQ:KHC, ETR:KHNZ) shares slipped after the packaged foods company posted a revenue miss for the fourth quarter, as higher prices saw cost-conscious shoppers turn to other brands. The company, whose brands include Kraft Macaroni and Cheese, Heinz Tomato Ketchup, Philadelphia Cream Cheese and Jell-O, said revenue was down 4.1% year-over-year at $6.58 billion, below Street estimates of $6.66 billion.
Shares of food producer Kraft Heinz (KHC -3.67%) posted a significant price drop on Wednesday morning. A mixed fourth-quarter report left a bad taste in investors' mouths, and the stock opened 7.9% lower.