Kraft Heinz KHC (former Kraft Foods)

Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Feb 16, 2018 10:39 pm

Kraft Heinz quarterly profit, sales miss estimates

(Reuters) - Kraft Heinz Co's (O:KHC) quarterly profit and sales missed analysts' estimates on Friday, hurt by lower shipments for nuts, natural cheese and cold cuts in the U.S.

Shares of the company, which is backed by billionaire-investor Warren Buffett and private equity firm 3G Capital, fell marginally in premarket trading.

Sales in the U.S., the company's biggest market, fell 1.1 percent to $4.79 billion, declining for the seventh straight quarter and also missing analysts' average estimate of $4.81 billion, according to Thomson Reuters I/B/E/S.

The company's net income rose to $8 billion, or $6.52 per share, in the fourth quarter ended Dec. 30, from $944 million, or 77 cents per share, a year earlier.

The reported quarter had a benefit related to the overhaul of the U.S. tax code.

The company, which owns brands such as Velveeta cheese and Heinz ketchup, said net sales inched up 0.3 percent to $6.88 billion, missing estimates of $6.92 billion.

Excluding items, the company earned 90 cents per share, missing estimates of 95 cents.

Source: Reuters

https://www.investing.com/news/stock-ma ... ue-1259333
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Sat Feb 17, 2018 8:09 am

Kraft Heinz sees hit from rising competition, supply constraints

by Vibhuti Sharma

Retailers in Canada were stocking fewer of their products.

In recent months, escalating pressure from retailers; asking suppliers to offer lower prices and limit shipments so that they can control inventories better.

Sales in Kraft Heinz’s U.S. business fell 1.1 percent to $4.79 billion, declining for the seventh straight quarter.


Source: Reuters

https://www.reuters.com/article/us-kraf ... r%20Update
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Mon Feb 19, 2018 7:35 pm

Kraft Heinz Wants to Save Itself, And Here Are 3 Ways How It Could

The condiments king gave a cryptic presentation Thursday night that points to potential deals. Will they make any?

By Cathaleen Chen

Posted a 1.1% decline in U.S. sales, marking the seventh straight quarter of a dip in the U.S. segment.

The slump in sales can be attributed to consumer preferences now for healthy and convenient snacking over KHC's aging brands, such as Velveeta cheese and Lunchables.


Source: The Street

https://www.thestreet.com/story/1449178 ... tions.html
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Mar 28, 2018 9:34 pm

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Kraft Heinz Co. (NYSE: KHC) is the third-largest food and beverage company in North America and the fifth-largest in the world, with eight $1 billion or more brands.

The company’s iconic brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.

Shareholders are paid a 4.16% dividend.

The consensus target price is $81.23.

The shares closed Friday at $60.03 in a 52-week trading range of $60.49 to $93.88

Source: 24/7 Wall Street
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Apr 18, 2018 1:35 pm

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Best Stocks to Buy for the Next Decade: 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
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Sat Apr 21, 2018 1:48 pm

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Kraft Heinz (NYSE:KHC) shares are down 3.4% in trading on Friday, falling out of a two-month consolidation range to return to levels not seen early 2015 representing a decline of roughly 40% from its high in early 2017.

Shares were downgraded by Credit Suisse analysts on April 16.

The company will next report results on May 2 after the close.

Analysts are looking for earnings of 82 cents per share on revenues of $6.3 billion.

When the company last reported on February 16, earnings of 90 cents per share missed estimates by five cents on a 0.3% rise in revenues.

Source: Investor Place
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Jul 27, 2018 8:21 am

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For Retirees: Kraft Heinz

The world's fifth-largest food and beverage company has struggled amid the push to healthier foods. But for retirees, Kraft Heinz (KHC - Get Report) is one of the well-known consumer packaged goods producers with a strong history of increasing dividend payouts. The current 4.3% dividend yield is nicely above the 10-year Treasury yield.

The company's stock price is down 25% this year, but it should still provide decent returns over time, according to Real Money Pro contributor and hedge fund manager Doug Kass.

With plans to expand into more international markets, the potential for improved growth is high, according to Carter Henderson, founder of Henderson Capital Group.

"You could put this in a recession proof aspect of your portfolio," Henderson says, "It's inevitable that another recession will be coming and no matter if the economy is doing well or not, people still need to eat."

Source: The Street
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Dec 05, 2018 10:44 am

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Defensive Stocks to Buy for 2019: Kraft Heinz (KHC)
Dividend Yield: 4.9%

For many investors, adding food companies to their best stocks to buy for 2019 list makes perfect sense. No matter what happens, people must eat. But as strong as that logic may appear, it really hasn’t helped Kraft Heinz (NASDAQ:KHC).

Year-to-date, KHC stock is down about 35%. Moreover, management can’t blame the poor environment for equities, as the company underperformed throughout the four seasons.

A crucial factor in the downside is a disappointing earnings picture. Over the last four reports, Kraft Heinz has produced two beats and two misses.

But like Hershey, KHC stock is supported by a consistently profitable business. Over the past three years, Kraft Heinz has generated operating and net margins that average well into double-digit territory. Its also slowly growing its revenue picture after years of flat-lining.

Finally, we’re probably looking at an unpredictable period during the early months of 2019. As such, the company’s 4.9% dividend yield is a major incentive.

Source: Investor Place
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Feb 22, 2019 2:50 pm

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<US Co. Results>Kraft Heinz Collapses 20% on QoQ Results Miss

Kraft Heinz announced 4Q18 diluted LPS of US$10.34 (adjusted diluted EPS: US84 cents), missing consensus of US94 cents.

Net sales increased by 0.7% yearly to US$6.891 billion, trailing forecast of US$6.93 billion.

The company recorded 4Q18 goodwill impairment losses and intangible asset impairment losses of US$7.108 billion and US$8.332 billion, respectively.

Kraft Heinz collapsed 20.6% to US$38.24 in after-hour trading.

Source: AAStocks Financial News
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Feb 22, 2019 3:50 pm

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Kraft Heinz (KHC)

The smart money likes a turnaround on the cheap, and Kraft Heinz (NASDAQ:KHC) certainly qualifies.

In late December, KHC stock touched its lowest point since the 2015 merger. Not coincidentally, the stock was a hedge fund favorite in the fourth quarter.

There’s a case for KHC at the lows. Changing customer tastes and private-label competition have pressured results of late. And there’s quite a bit of debt on the balance sheet. Still, Kraft Heinz has dozens of hugely valuable brands, and remains a tough competitor worldwide.

Indeed, I called KHC a fallen angel stock to buy last month, and I still believe that’s the case. It may take some time for Kraft Heinz to turn around, and that process will require some patience from investors.

Anyone buying KHC can at least know that more than a few professional stock-pickers will be waiting with them.

Source: Investor Place
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