Kraft Heinz Co. reports a 1.9% decline in Q2 net sales to $6.4 billion and a net loss of $7.8 billion, attributed to $9.3 billion in non-cash impairment losses. Despite the loss, t...
Kraft Heinz is considering a $20 billion spin-off of part of its grocery business to focus on core products like Heinz ketchup, aiming to increase overall market value. The decisio...
Kraft Heinz Co. reports a 6.4% decline in Q1 net sales, amounting to $6 billion, with further details expected to be revealed soon. The food industry giant faces challenges as anal...
Kraft Heinz announced a 188.5% increase in Q4 EPS to $1.76, despite a 4.1% sales drop. Annual sales fell 3%, but net income surged 181.7%. CEO Abrams-Rivera emphasized profitabilit...
