KHC - The Kraft Heinz Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.07 (+0.21%)
At close: 4:00PM EDT

32.90 -0.06 (-0.18%)
After hours: 7:29PM EDT

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Previous Close32.89
Bid32.90 x 900
Ask33.00 x 4000
Day's Range32.85 - 33.08
52 Week Range31.53 - 64.99
Avg. Volume12,271,485
Market Cap40.192B
Beta (3Y Monthly)0.81
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.60 (4.82%)
Ex-Dividend Date2019-03-07
1y Target EstN/A
Trade prices are not sourced from all markets
  • TheStreet.com18 minutes ago

    Kraft Heinz, PepsiCo, Marvell Technology: 'Mad Money' Lightning Round

    Jim Cramer takes a closer look at Kraft Heinz, PepsiCo, Marvell Technology, General Mills, Funko, Signet Jewelers, Abiomed and more.

  • CNBC1 hour ago

    Cramer's lightning round: This stock needs to find out its calling

    It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.Signet Jewelers Ltd. SIG : "I think Signet's really gotta find its calling.

  • Kraft Heinz (KHC) Outpaces Stock Market Gains: What You Should Know
    Zacks3 hours ago

    Kraft Heinz (KHC) Outpaces Stock Market Gains: What You Should Know

    Kraft Heinz (KHC) closed the most recent trading day at $32.96, moving +0.21% from the previous trading session.

  • Now Is the Right Time to Buy Kraft Heinz Stock
    InvestorPlace9 hours ago

    Now Is the Right Time to Buy Kraft Heinz Stock

    Kraft Heinz (NYSE:KHC) CEO Bernardo Hees, who gained notoriety on Wall Street as a cost-cutter, will now have to figure out how to invest money into the beleaguered packaged food company if its long-suffering shareholders ever hope to get any relief.Source: Mike Mozart via FlickrUnfortunately, Hees won't be able to just write a check to make KHC's problems go away. Like other packaged food companies, KHC has been hurt by the rising consumer demand for "fresh and healthy" ingredients at the expense of processed food. New York-based KHC made matters worse by making unrealistic forecasts for the savings of its 2015 merger, which loaded its balance sheet with more than $31 billion in debt. Plunging Share PriceKHC stock has plunged more than 64% since Unilever (NYSE:UL) rejected the company's unsolicited $143 billion offer. The stock was further bloodied by its recent announcement of disappointing earnings, a $15 billion write-down, a dividend cut and an SEC investigation into its accounting practices. S&P recently announced that it was reviewing KHC's debt for a possible downgrade after the company missed the deadline to file its annual report (form 10-K) with the Securities & Exchange Commission. InvestorPlace - Stock Market News, Stock Advice & Trading TipsDuring the company's earnings conference call, Hees tried to reassure investors that he was willing to deploy capital where it's needed. Hees is also is a partner with 3G Capital, the Brazilian private equity that owned Heinz and arranged with Warren Buffett for the merger with Kraft. * 6 Cheap Stocks That Cost Less Than $10 "In a nutshell, we plan to go to market in 2019 with a stronger innovation pipeline than we ever had, backed by more marketing dollars while leveraging advantaged category managed and go-to-market initiatives to win assortment and improve distribution across all channels, including e-commerce," He said. "And we plan to do this while we maintain industry-leading margins."Easier said than done since KHC clearly fired too many workers and damaged its brands, damage which won't be easy or cheap to fix.The company is trying to clean up the mess Hees helped create. According to media reports, Kraft Heinz is reviewing strategic options for its Maxwell House Coffee business including a possible sale and may dispose of other well-known brands such as Breakstone's Cottage Cheese and sour cream. Selling off poorly performing businesses is a step in the right direction though it isn't a substitute for a business strategy. The Oracle of OmahaIndeed, the growth through acquisitions approach isn't the answer for KHC. According to CNBC, the company passed on bidding for Pinnacle Foods and failed to make a compelling offer for Campbell Soup when it was being shopped around last year. KHC stock deserves to be in Wall Street's penalty box but it's not going to be in their forever. The company has a major fan in Buffett, who recently described the company as a "fabulous" business though he admitted that Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) "overpaid" for Kraft. He has no plans to liquidate his position.For investors with a large tolerance for risk, KHC is worth testing Buffett's maxim to "be fearful when others are greedy and to be greedy only when others are fearful." However, there are better places for investors to put their money in the consumer sector, including Campbell, Chuch & Dwight (NYSE:CHL) and Clorox (NYSE:CLX).As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Now Is the Right Time to Buy Kraft Heinz Stock appeared first on InvestorPlace.

  • Barrons.com12 hours ago

    ‘Goodwill’ Write-Offs Are an Earnings Killer. How to Spot Trouble Coming.

    Companies write off “goodwill” when the value of acquired assets declines. It happened at Kraft Heinz and GE. Keep an eye on Bayer and Cigna next.

  • Unilever posts solid start to 2019 with strong emerging market sales
    Reuters13 hours ago

    Unilever posts solid start to 2019 with strong emerging market sales

    Consumer goods group Unilever is on track to meet its performance goals this year after strong sales in emerging markets led to a better-than-expected start to 2019. The maker of Dove soap and Ben & Jerry's ice cream said on Thursday it still expects underlying sales growth in the lower half of a 3 to 5 percent range this year. Emerging markets, where Unilever generates 58 percent of its sales, grew 5 percent in the quarter, offsetting a mere 0.3 percent gain in developed markets, which were hurt by economic uncertainty and intense price competition in Europe, particularly in Germany and France.

  • US and Chinese Economies Are on Different Trajectories
    Market Realistyesterday

    US and Chinese Economies Are on Different Trajectories

    China’s Slowdown Concerns Decline amid Strong Data(Continued from Prior Part)Chinese economy On April 17, China (FXI) released several economic data points. The country’s first-quarter GDP growth of 6.4% surprised on the upside. Other indicators

  • The Berkshire Hathaway Stock Picking Approach May Be Too Out of Touch
    InvestorPlace7 days ago

    The Berkshire Hathaway Stock Picking Approach May Be Too Out of Touch

    Congratulations to investors in Berkshire Hathaway (NYSE:BRK.B, NYSE:BRK.A). Since the late-December bottom, BRK.A and its far-more-affordable counterpart BRK.B stock are up nearly 9%.Those who've been holding either Berkshire Hathaway stock for more than a few months, of course, will know that even with the big bounceback from the December low, Berkshire has been an underperformer. The S&P 500 index, for perspective, is up 23% from its late-December low. Indeed, both BRK stock classes have lagged the broader market more often than not over the past decade, and have underperformed for the past 12 months by about half..There are two schools of thought on the matter. One of them has it that the relative weakness is a temporary matter, and given enough, the "the Buffett way" will win out. The other holds that unless Warren Buffett is executing it himself, "the Buffett way" may not be what it used to be.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Too Many Ill-Advised PicksTo quantify the qualitative, the index and the stock pretty much pace each other coming out of the financial crisis. The S&P 500 is up 324% since the March-2009 bottom, while BRK.B stock is up 343% for the 10-year stretch. Yet a closer look shows Berkshire has been behind since January 2018, when a seemingly uninterruptable rally was abruptly uninterrupted. Click to EnlargeThe broad market's lead has been widening over the past three months. * 10 Dow Jones Stocks Holding the Blue Chip Index Back It's not difficult to figure out why Berkshire Hathaway has been a relative disappointment. As of the end of the first quarter of 2017, coming off the shocking upset-election, Berkshire's two biggest holdings were Kraft Heinz (NASDAQ:KHC) and Wells Fargo (NYSE:WFC), both of which have notably underperformed since then. Not even the market-beating gains from the fund's third-biggest position at the time, Apple (NASDAQ:AAPL), have performed well enough to offset weakness seen in many of Buffett's other holdings. Apple is now the fund's biggest holding, but Wells Fargo and Kraft Heinz are still key pieces of the portfolio, with Berkshire's top stock-pickers unwilling to cut bait.Coca-Cola (NYSE:KO), the fund's fourth-biggest position right now and a long-term holding, has also trailed the S&P 500 for years.Those results prompt questions, chiefly about the effectiveness of Buffett's buy-and-hold-forever, value-minded stock-picking regimen. Does it still work? For that matter, are Buffett and his acolytes -- Todd Combs and Ted Weschler -- actually following Buffett's well-established rules? Several months isn't forever, but it's certainly not a short period of time either.Food for thought: Maybe it's something else altogether. The Game Has ChangedBuffett's rules are not only well-established, but easy enough to follow. Buy what you know. Be greedy when others are fearful, and fearful when others are greedy. Take outsized positions in the right opportunities.The approach certainly made sense when the Oracle of Omaha was espousing it. BRK.A and BRK.B stock have the long-term results to prove it.Since early 2009, though, Berkshire and the S&P 500 two are essentially tied in term of performance for the 10-year stretch, Berkshire has actually trailed the broad market more often than not. That is a long time.What gives?It's a reality investors with some gray hair will fully appreciate, but the market environment has changed dramatically over the course of the past 20 years. More specifically, the way investors and traders see and approach the game shifted.The starkest among those shifts? Two decades ago, value and earnings prospects meant everything. Now, the 'story' is the key, as investors are essentially placing bets on how other investors will price the progress of a story at some point in time in the future.The ideas are nothing new; there's always been a pinch of story-driven thinking in the market's ether. That mindset supplanting profits as permanently as it has as a yardstick, however, is a relatively new phenomenon.And there's nothing in Buffett playbook for that kind of environment.One only has to look at Wells Fargo's recent history to recognize it. Despite its account opening scandal, revenue growth never stopped, and operating income -- all things considered -- held up reasonably well and is back on the mend. Yet, WFC stock is falling back toward new multi-year lows.Kraft Heinz is another case where 'buying what you know' hasn't helped Buffett. He clearly knows and likes the simplicity of the food business, and the Velveeta maker certainly qualifies as one of the 'wonderful companies' Buffett recommends sticking with -- it's one of the most recognizable brand names in the world, and it's still turning a nice operating profit. * 8 Risky Stocks to Watch as Earnings Season Kicks Off KHC stock is down more than 60% from its mid-2017 high, however.See, there's nothing in the Buffett rule book that explains how to handle a cultural shift that favors smaller niche brands, combats persistently high delivery costs, deals with distributors that also become competitors, and offsets the impact of multiple trade wars. Most investors can't handle such a setback.Perhaps, for the worst, 'the market' has become far too complex for Buffett's simple rules. There's more psychology and sociology in play than fundamentals. Bottom Line for BRK.B StockIt's only a thought exercise, to be clear, but still a good one.Many traders remain bullish on BRK.B stock believing it will be able to achieve its pre-2009 returns with or without Buffett at the helm, but that may or may not be the case. At 88, Buffett may be unwilling or unable to update his approach to adapt to a market that's treated more like a casino table than a means of plugging into profit potential.That's not to say his strategies and insights no longer have any value. It is to suggest, however, there may be a reason his approach has been decidedly ineffective for a decade now.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site,, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * FAANNG Stocks, Ranked From Cheapest to Most Expensive * 7 Stocks With a Lot on the Line This Earnings Season * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Compare Brokers The post The Berkshire Hathaway Stock Picking Approach May Be Too Out of Touch appeared first on InvestorPlace.

  • GuruFocus.com8 days ago

    Warren Buffett's Portfolio Except 3 Stocks Soars in 2019

    Following a tough fourth quarter that crushed his company's net income, Warren Buffett (Trades, Portfolio)'s portfolio has soared year to date. Warning! GuruFocus has detected 7 Warning Signs with BRK.A. Click here to check it out. Meanwhile, 45 of Buffett's 48 stocks have posted gains.

  • Kraft Heinz (KHC) Gains But Lags Market: What You Should Know
    Zacks8 days ago

    Kraft Heinz (KHC) Gains But Lags Market: What You Should Know

    Kraft Heinz (KHC) closed at $32.98 in the latest trading session, marking a +0.09% move from the prior day.

  • Reuters9 days ago

    Tech in driver's seat as S&P 500 flirts with record

    By Noel Randewich SAN FRANCISCO (Reuters) - Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and ...

  • Reuters9 days ago

    Italy's Newlat eyeing Kraft Heinz's Plasmon after IPO

    Italian food group Newlat, which is planning a Milan listing this year to raise funds for acquisitions, is looking at Kraft Heinz's Plasmon division. "Newlat is already a supplier of Plasmon and knows the company well," said Davide Milano, a partner in consultancy firm Oaklins Italy, who works for the company as an adviser.

  • Reuters9 days ago

    Italy's Newlat interested in Kraft Heinz's Plasmon brand - adviser

    Italy's Newlat is interested in acquiring infant food brand Plasmon from U.S. behemoth Kraft Heinz, an adviser for Newlat said. Newlat, which already owns a portfolio of food companies including pasta brand Buitoni, said on Tuesday it wanted to list on the Milan bourse to raise money for acquisitions. "Newlat is already a supplier of Plasmon and knows the company well," said Davide Milano, a partner at consultancy Oaklins Italy, adding any deal would hinge on how quickly Newlat could raise cash with its initial public offering.

  • Markit9 days ago

    See what the IHS Markit Score report has to say about Kraft Heinz Co.

    Kraft Heinz Co NASDAQ/NGS:KHCView full report here! Summary * Perception of the company's creditworthiness is negative but improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for KHC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding KHC is favorable, with net inflows of $27.66 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator with a strengthening bias over the past 1-month. Although KHC credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Is the US Economy Slowing Down? Trump’s Views versus Buffett’s
    Market Realist10 days ago

    Is the US Economy Slowing Down? Trump’s Views versus Buffett’s

    Four Times Warren Buffett Has Disagreed with President Trump(Continued from Prior Part)US economyOn multiple recent occasions, US President Donald Trump has said that the US economy is doing very well. On April 5, following the release of the March

  • Kraft Heinz’s VC arm Evolv Ventures makes its first investment
    American City Business Journals10 days ago

    Kraft Heinz’s VC arm Evolv Ventures makes its first investment

    Evolv is led by former Lightbank partner Bill Pescatello and Grubhub’s former vice president of business development Steve Sanger, who joined in November.

  • CNBC12 days ago

    Mondelez efforts to buy Arnott's cookie brands are in doubt as talks with Campbell stalemate

    Mondelez, the lead contender for the sale of Campbell Soup's Arnott's cookie and crackers brands, has reached a stalemate with the packaged soup company, people familiar tell CNBC. The Oreo-owner submitted a final offer that was below Campbell's sale expectations of roughly $3 billion. It is common for there to be last minute negotiations over price in deal talks, and it is possible Mondelez and Campbell find a resolution.

  • Why Starbucks Stock Could Keep Rewarding Investors in 2019
    InvestorPlace12 days ago

    Why Starbucks Stock Could Keep Rewarding Investors in 2019

    The first three months of 2019 were kind to shareholders of Starbucks (NASDAQ:SBUX). On April 1, the coffeehouse chain out of Seattle reached an all-time high stock price of $74.93. Year-to-date, Starbucks stock is up over 15%.Source: StarbucksIn general, winners keep winning in the stock market. Starbucks has a great core business and its stock is likely to keep rewarding investors well into the future.Here is why …InvestorPlace - Stock Market News, Stock Advice & Trading Tips Starbucks Stock Has Robust FundamentalsThe coffee giant whose history dates back to 1971, went public in 1992. Since its initial public offering (IPO), SBUX stock has had impressive growth, well over 22,000%. Over the years, the stock has split several times; it has also been paying dividends since 2010.The current dividend yield in Starbucks stock stands at 2.0%.On Jan. 24, Starbucks reported better-than-expected quarterly earnings and revenue, buoyed by strong holiday sales. The earnings came at 75 cents per share, an increase of over 15% from the year-ago quarter.Within the quarter, membership in its loyalty program, My Starbucks Rewards, has almost doubled, too. Similarly, in 2018, its U.S. gift card sales went up by 12% to $2.6 billion. Following the upbeat conference call, Starbucks raised its guidance for fiscal 2019 earnings. * 10 Dangerous Dividend Stocks to Avoid During the Annual Meeting of Shareholders held on March 20, the company introduced a new $2 billion stock repurchase program that will be completed by June 2019. Management discussed several customer-friendly changes to its loyalty program, too. Wall Street also noted the various steps SBUX is taking to make the company reach more environment-friendly goals in sustainability, recycling and composting.Finally, Starbucks announced its first-ever investment in a growth-oriented private equity fund, Valor Siren Ventures. This fund focuses on retail technologies and innovation, an area that may help Starbucks serve its retail clients better. Although the result of all the steps on the SBUX stock price would possibly require some time to materialize, the week following this Investor Day presentation, its price has already reached a new all-time high. Power of the Starbucks BrandLong-term investors should also consider the strength of the group's brand: Starbucks is regarded as the "most valuable" restaurant brand. From its early days onward, the company's brand identity has centered around offering customers a relaxing and quality experience, especially within the store itself.Strong brands give a company increased ability to enter new markets and to raise prices, boosting revenue growth. Currently, SBUX derives most of its revenue from high-margin specialty drinks. Indeed, a 2013 research report concluded that Starbucks customers would be willing to pay more for their coffees.And the power of the brand makes Starbucks stock a favorite with a range of exchange-traded funds (ETFs) and mutual funds, increasing the demand for the stock. For example, the largest ETF holder of SBUX is the SPDR S&P 500 ETF (NYSEARCA:SPY), with approximately 13.87 million shares. On an anecdotal note, according to Robinhood, a trading app, Starbucks stock is one of the most popular on its trading platform. Starbucks' Long-Term Ambitions in ChinaInvestors in the Starbucks stock would certainly be relying on the power of the company's brand as it increases its presence in China. As of early 2019, Starbucks has over 3,500 stores in China, making the country its second-largest market after the U.S. SBUX is expected to open almost 600 stores a year, a rather ambitious growth projection.Before China, the group's international expansion began in 1986 in Japan, followed by the U.K. in 1998. It opened its first Chinese store in 1999. Over the past three decades, SBUX, which in some ways has introduced the European coffee culture to the U.S. consumer, became the brand that has made coffee drinking a regular daily routine in many cities globally. Now it wants to dominate the Chinese coffee shop market, too.Traditionally, China is a tea-drinking country. Coffee growers and chains like Starbucks are excited by the potential in the country as the market is expected to grow almost 10% per year. The group's biggest competitor is the homegrown chain Luckin Coffee, which relies on its popular app to order and pay as well as its convenient pick-up and delivery.According to Starbucks' Jan. 24 earnings call, the same-store sales in China were up 1% for the quarter. However, as the number of Chinese transactions was down 2%, SBUX's premium prices and not more foot traffic drove up the results. Management is optimistic regarding the long-term-potential China offers. Nonetheless, investors may want to wait for the release of the next quarterly report in late April to assess the possible effect of an economic slow down in China on Starbuck's earnings as well as the stock price. What Could Derail the SBUX Stock Price?The U.S. coffee shop market is fast approaching a $50 billion valuation. Yet, over the past few years, the coffee chain space has become quite saturated. SBUX's main chain competitors now include McDonald's (NYSE:MCD) and Dunkin' Brands (NASDAQ:DNKN). In the retail space that includes dry coffee goods, SBUX competes with Kraft Heinz (NASDAQ:KHC), which owns the Maxwell House brand and J M Smucker (NYSE:SJM), which owns the Folgers brand.From these big names to smaller high-end local specialty coffee shops, competition is aiming to take a slice of SBUX's market share, either by undercutting Starbucks on price or offering a different and "better" in-store customer experience. The company's market share among leading U.S. coffee chains is an impressive 40%. However, if Starbucks management fails to underestimate the potential threat from any of the competitors, the stock price may easily take a pause.In the more immediate weeks, there might also be some profit taking in Starbucks stock. As a result of the recent impressive run-up in the stock price, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that SBUX's technical message has also become "overbought."In April and May, Starbucks stock may trade sideways for several weeks, and even have a pullback toward the low-$70's or even high-$60's level, where the stock is likely to find major support.I would not advocate bottom-picking in case of near-term price weakness. Yet, I find SBUX stock to be a compelling buy candidate and by the end of 2020, I 'd expect the shares to reach $90.Therefore, if you already own SBUX stock, you might want to hold your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3-5% below the current price point, to protect your profits to date.If you are an experienced investor in the options market, you may also consider protecting your portfolio with a covered call. For example, you could consider buying 100 shares of SBUX at $74.35 (closing price on Apr. 4) and at the same time selling a SBUX July 19 $75 call option, which currently trades at $2.8. The $75 option is slightly out-of-the-money (OTM), offering downside protection in case of volatility and a decline in SBUX stock. * 7 High-Risk Stocks With Big Potential Rewards This call option would stop trading on July 19, 2019 and expire on July 20. The Bottom Line on SBUXWhen investors buy a stock, they pay that purchase price for a claim against that company's future earnings, with the view that their investment will generate returns that will beat those of the broader stock market over the long term.Are more gains ahead for Starbucks stock? It's impossible to know for sure, but there are reasons to believe that the stock price could see new highs. Although there might be some profit-taking in the coming weeks, any dip in the price of Starbucks stock could be regarded as an opportunity to go long in SBUX.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post Why Starbucks Stock Could Keep Rewarding Investors in 2019 appeared first on InvestorPlace.

  • Kraft Heinz Lagged the Benchmark Index in Q1
    Market Realist13 days ago

    Kraft Heinz Lagged the Benchmark Index in Q1

    Consumer Staples Stocks: Stragglers in Q1(Continued from Prior Part)Kraft HeinzKraft Heinz (KHC) shares significantly underperformed the broader markets and fell 24.1% in the first quarter. In comparison, the S&P 500 Index rose 13.1%. The

  • Consumer Staples Stocks: Stragglers in Q1
    Market Realist13 days ago

    Consumer Staples Stocks: Stragglers in Q1

    Consumer Staples Stocks: Stragglers in Q1Stocks that underperformed  The consumer staples sector had decent gains in the first quarter. Most packaged foods companies, tobacco, and personal care product manufacturers had stellar growth in their

  • Kraft Heinz turns to social media for Brunchables introduction
    American City Business Journals14 days ago

    Kraft Heinz turns to social media for Brunchables introduction

    After a massive write-down on two iconic American brands, Kraft Heinz rolls out an extension of Lunchables product line.

  • Breakfast Lunchables are now a reality
    American City Business Journals14 days ago

    Breakfast Lunchables are now a reality

    Kraft Heinz will launch the breakfast variety of its grab-and-go meals, called Brunchables, in select stores this month.

  • Kraft's attorneys attack prostitution investigation
    Associated Press15 days ago

    Kraft's attorneys attack prostitution investigation

    Attorneys for Robert Kraft on Wednesday attacked a Florida police investigation that led to the New England Patriots owner being charged with paying for sex at a massage parlor, saying officers violated the U.S. and state constitutions and used tactics normally reserved for serious crimes rather than low-level offenses. In a 92-page court filing, Kraft's high-profile attorneys allege Jupiter, Florida, police misrepresented evidence to obtain a search warrant that allowed them to secretly install video cameras at the Orchids of Asia Day Spa. Police say those cameras recorded Kraft twice paying to have sex with spa employees.

  • Maxwell House unveils limited edition ‘Marvelous Mrs. Maisel’ Passover Haggadah
    Yahoo Finance Video14 days ago

    Maxwell House unveils limited edition ‘Marvelous Mrs. Maisel’ Passover Haggadah

    Maxwell House Coffee is brewing up an 80-year-old tradition. The coffee brand is collaborating with Amazon Studios’ ‘The Marvelous Mrs. Maisel’ to create a limited edition Haggadah, only available via Amazon. Sunny Patel, the Category Head of Maxwell House Coffee, joins YFi AM to discuss the details.

  • Cramer: General Mills is too cheap and too good to ignore at current levels
    CNBC Videos15 days ago

    Cramer: General Mills is too cheap and too good to ignore at current levels

    Jim Cramer says the packaged food industry had looked toxic at one point, but many of the names like General Mills and J.M. Smucker are leading a rebound.