Kraft Heinz KHC (former Kraft Foods)

Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Sat Apr 13, 2019 8:28 pm

vested

Kraft Heinz (KHC)

Earlier this year, the management of Kraft Heinz Co (NASDAQ:KHC) put quite the scare into the 169,000 Unilever plc (ADR) (NYSE:UL) employees with a potential $143 billion offer to buy the company.

Fortunately (for employees), Unilever’s management told the Brazilians — 3G Capital and Berkshire Hathaway control KHC — to take a hike.

Kraft Heinz is going to make another acquisition, most likely this year. And when it does, the first thing the Brazilians are going to do is trim the fat. (Read this article about Tim Hortons to understand their cost-cutting ruthlessness.) That’s going to mean the loss of a lot of jobs.

While that’s terrible for the people on the receiving end of the pink slips, it’s been proven by 3G Capital time and again to significantly increase the bottom line.

Shareholders definitely will win as Kraft Heinz guts PepsiCo, Inc. (NYSE:PEP) or some other vulnerable target.

I’m of two minds when it comes to 3G Capital’s blitzkrieg management style: On the one hand, people suffer greatly from these job cuts. On the other, I wonder whether those jobs should have been created in the first place.

If you can live with this kind of management ruthlessness, KHC is a great business to own, because people will always have to eat.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 102343
Joined: Wed May 07, 2008 9:28 am

Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Apr 19, 2019 8:24 pm

vested

Now Is the Right Time to Buy Kraft Heinz Stock

by Jonathan Berr

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.


Source: Investor Place

https://finance.yahoo.com/news/now-time ... 08628.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 102343
Joined: Wed May 07, 2008 9:28 am

Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Tue Apr 23, 2019 2:42 pm

Here's everything that has gone wrong for Kraft Heinz in the last year

by Amelia Lucas

Shares of Kraft Heinz rose 2% in premarket trading Monday following the announcement that former Anheuser-Busch InBev executive Miguel Patricio would replace Hees as CEO .

The iconic food company's stock, which has a market value of about $40.2 billion, has fallen more than 43% in the last year as it struggles to keep up with changing consumer tastes and stiff competition from new brands.

Months earlier, in August, 3G trimmed its stake in the company by 7%, bringing its total ownership to about 22%.


Source: CNBC

https://finance.yahoo.com/news/apos-eve ... 59202.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 102343
Joined: Wed May 07, 2008 9:28 am

Previous

Return to E to K

Who is online

Users browsing this forum: No registered users and 3 guests