Tag Archives: Kraft-Heinz

Kraft Heinz to Buy Primal Kitchen For $200 Million

Kraft Heinz Primal Kitchen

Kraft Heinz announced that it will acquire Primal Nutrition, LLC, makers of Primal Kitchen branded products for approximately $200 million. The acquisition gives Kraft Heinz, which also owns Miracle Whip and its branded dressings, a foothold with which it will look to fend off competition from upstart brands like Sir …

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2017 Will be a Good Year for Kraft Heinz Co.

alimentos Kraft Heinz

Kraft Heinz Co. (KHC) announced its quarterly earnings results, reporting $0.83 EPS for the quarter, topping the consensus estimate of $0.74 by $0.09. The business had revenue of $6.27 billion for the quarter, compared to analysts’ expectations of $4.70 billion. Kraft Heinz had a net margin of 10.44% and a …

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US Food Companies Prepare for Billionaire Takeover

food

Many of the major packaged food companies of the United States were trading sharply higher on November 9, after receiving a report that the Brazilian private equity firm 3G Capital is raising between $8 billion and $10 billion to fund a new acquisition that could target food companies. Sources close …

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The 3 Words that Cost Kraft Heinz Millions

kraft heinz

At first sight, The Kraft Heinz Company (KHC) appears to be a textbook case of how to conduct a successful large-cap merger. Over the last year, Kraft Heinz shares have doubled the greater S&P 500’s gain of 13%. But the reality is slightly more complicated. Kraft Heinz has essentially performed …

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Kraft Heinz Agrees to Only Use Cage-Free Eggs

Kraft Heinz

Kraft Heinz Co. (KHC) announced that it will switch to use only 100% cage-free eggs in their products before 2025, joining a growing list of companies that have pledged to make the transition in the midst of changing consumer preferences and the pressure from animal rights activists. “We are committed …

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Kraft Heinz recalling two million pounds of turkey bacon

oscar-mayer-bacon-recall

Kraft Heinz Foods Co. is recalling about two million pounds of the Oscar Mayer brand turkey bacon after receiving several complaints from diseases related to their consumption. Kraft Heinz, Oscar Mayer’s parent company, said it is recalling 2,068,467 pounds of product “that may have been adulterated because they could be …

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