Kraft Heinz KHC (former Kraft Foods)

Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Aug 21, 2019 5:38 pm

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Kraft Heinz: Learn From My Mistakes

On August 8, 2018, CNBC reported that 3G Capital, whose hand-picked management team was running KHC, reduced its ownership stake to 22% from 29%.

If a major insider such as 3G sells a meaningful percentage of their holdings, that is generally not a good sign.

If the stock was going up, the company was doing well, why would they sell? They know more than you.

At least spend time investigating the reasons for the sale. If you’re not going to do that, maybe it’s better to just sell.

Please don’t:
1. Ignore the story told by the numbers
2. Fail to note big insider sales
3. Invest against a mega-trend
4. Be seduced by the siren song of yield
5. Blindly follow the “big money”
6. Lack a plan for each investment, including an exit strategy
7. I realize that not all investments can be winners but my KHC disaster forced me to recognize and analyze a series of avoidable mistake


Source: Seeking Alpha

https://seekingalpha.com/article/428701 ... n-mistakes
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Aug 28, 2019 6:40 am

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Kraft Heinz And Its Real Value

by Grant Gigliotti

Summary

Droughts in Australia and New Zealand have caused more milk demand that is increasing cheese prices.

European cheese tariffs threaten Kraft Heinz’s profit margins even more.

Negative growth, volatile earnings, and worrisome fundamentals reveal the risks of this company.

Valuation analysis shows that this company is overpriced.

Source: Seeking Alpha

https://seekingalpha.com/article/428821 ... real-value
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Wed Aug 28, 2019 2:44 pm

Sell Kraft Heinz Stock Because the Turnaround Task Is Enormous, Analyst Says

By Teresa Rivas

Source: Barron's

https://www.barrons.com/articles/kraft- ... yptr=yahoo
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby behappyalways » Tue Sep 03, 2019 3:58 pm

The Rise and Fall of Kraft Heinz
https://www.youtube.com/watch?v=uou_GmcXFG4
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Thu Sep 05, 2019 11:40 am

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Kraft Heinz’s Turnaround Could Include Another Dividend Cut and Brand Sales, Analysts Predict

By Avi Salzman

Source: Barron's

https://www.barrons.com/articles/kraft- ... yptr=yahoo
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Tue Sep 17, 2019 9:58 pm

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BAML digs into Kraft action

By Clark Schultz

Bank of America Merrill Lynch tries to make sense out of 3G selling shares and insiders buying at Kraft Heinz (KHC -3.8%).

BAML: "We note that investors in 3G Capital Global Food fund have been invested for approximately seven years and have limited windows of time to sell down their stakes in the fund.

In 2018 the fund sold ~20m shares for its investors. Concurrent with this stock sale certain partners of 3G capital have acquired 6.993 million of the 25.068 million shares being sold in the offering.

Of the 6.993 million shares being acquired by 3G partners’ director Jorge Paolo Lemann is acquiring 3.496m or ~$100m worth of shares.

While the equity markets remain tepid on prospects for a KHC recovery, some 3G partners are adding to their positions."

The firm is playing it down the middle on Kraft, with a Neutral rating and price objective of $32 vs. the sell-side consensus of $30.00. The Quant rating on Kraft is also at Neutral.

Source: Seeking Alpha

https://seekingalpha.com/news/3499815-b ... email_link
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Mon Oct 21, 2019 6:26 am

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Kraft Heinz: A Buy Before It's Too Late

by Michael A. Gayed, CFA

Summary

Kraft Heinz stock is down over 50% in the past year.

New CEO is a marketing specialist focus in rolling out new products and improving current line-up.

Now is the time to buy, when the stock is at 8.8 PE, before the turnaround is fully apparent.

Compared to 4 years ago, sales have increased 4.7% while cost of goods sold has dropped 3.7%, leading to an increase in gross profit of 28%, based on quarterly numbers.

They boast operating margins of mid-20%, compared to mid-teens for most competitors.


Kraft Heinz also needs to dive deeper into club stores such as Costco and Sam’s Club. They currently have less than 15% of products in these stores, which leaves plenty of room for growth.


1. The stock price is down 50% in the past year
2. North American sales increase 7.3% in the second quarter
3. Two independent directors bought stock in September
4. You can collect a dividend of $0.40/share which is 6.7% yield.


Source: Seeking Alpha

https://seekingalpha.com/article/429748 ... z-buy-late
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Thu Oct 31, 2019 9:47 pm

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Kraft Heinz shares rise after earnings beat

The food company reported third-quarter earnings and sales that beat expectations.

Net income totaled $899 million, or 74 cents per share, up from $619 million, or 50 cents per share, last year.

Adjusted EPS was 69 cents, beating the 53-cent FactSet consensus.

Sales of $6.08 billion was down from $6.38 billion in 2018, but were below the $6.13 billion FactSet outlook.

In August, Kraft Heinz reported $1.2 billion in impairment charges and a steep earnings decline.

Since then, the company has announced hundreds of job cuts, and other changes.

"We are making good progress in identifying and addressing the root causes of past performance, as well as setting our direction," said Chief Executive Miguel Patricio in a statement.

Kraft Heinz stock has fallen 48.2% over the last year while the S&P 500 index is up 12.4% for the period.

Source: Market Watch

https://www.investing.com/equities/kraft-foods-inc
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Nov 01, 2019 2:28 pm

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Kraft Heinz beats profit estimates, plans to boost marketing; shares surge

By Aishwarya Venugopal and Richa Naidu

(Reuters) - Kraft Heinz Co <KHC.O> will spend more on marketing for key brands, widely thought to have been neglected after reporting on Thursday, that lower costs helped it beat third-quarter profit expectations, sending shares up 13% in midday trading.

The company, whose biggest investor is billionaire Warren Buffett's Berkshire Hathaway <BRKa.N>, has reported 13 quarters of lackluster sales amid changing consumer tastes and competition from private label brands owned by Walmart <WMT.N>, Costco <COST.O> and Kroger <KR.N>.

Newly appointed Chief Executive Miguel Patricio, who will outline a detailed plan after a strategic review of the business in 2020, said Kraft Heinz would now direct more marketing funds toward its flagship brands.

The company, whose major brands include Heinz ketchup and Velveeta cheese, also said it plans to halve the number of project launches planned for 2020.

Shares of Chicago-based Kraft Heinz were up 13% at $32.23 in midday trading. Earnings excluding items fell 9.2% to 69 cents per share, but handily beat the 54 cents expected by analysts, according to IBES data from Refinitiv.

Kraft Heinz's earnings beat comes after a rough year that saw it slash dividends and scrap its full-year forecast after taking two major writedowns - one in February of $15.4 billion and another in August of $1.22 billion. The company's procurement practices are also under investigation by the U.S. Securities and Exchange Commission.

The stock has tumbled about 40% since the company disclosed the probe and its first writedown in February.

Net sales fell nearly 5% to $6.08 billion, missing analysts' estimates of $6.13 billion. The company said it expects fourth-quarter sales and EBITDA to be "generally similar" to those of the third quarter. Fourth-quarter earnings are expected to take a hit of up to 10 cents per share.

Expenses sank nearly 25% to $767 million in the third quarter ended Sept. 28 as supply chain cost inflation slowed compared to the first half of the year. The company raised product prices by 1% while sales volume fell 2.1 percentage points.

Source: Reuters
https://finance.yahoo.com/news/kraft-he ... 45475.html
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Re: Kraft Heinz KHC (former Kraft Foods)

Postby winston » Fri Nov 01, 2019 2:49 pm

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Kraft Heinz 3Q results mixed as company scrambles for fixes

by DEE-ANN DURBIN

Sales are faltering as consumers increasingly seeking fresh, minimally processed foods.

When shoppers do buy processed foods, they're considering the growing number of store brands that compete with Kraft Heinz. Kroger sells a 20-ounce bottle of Heinz Ketchup for $2.79; on the same shelf, a 24-ounce bottle of Kroger brand ketchup is $1.00.

Third quarter revenue fell 5% to $6.08 billion — missing analysts' forecasts — as price increases in the U.S. and Europe failed to make up for lower sales.


Source: Associated Press

https://finance.yahoo.com/news/kraft-3q ... 09474.html
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