Kraft Heinz (KHC 1.17%) is planning on becoming two businesses, which is a somewhat shocking end to what has been an interesting saga. At least one prominent investor isn't pleased with this decision, though.
In a move that many thought could be coming, Kraft Heinz's (KHC 1.17%) management team has chosen to split into two. One company, Global Taste Elevation Co., will comprise the faster-growing sauces and condiments products.
Kraft Heinz is unlikely to recover to its all-time highs, with a 300% rally needed and no clear catalyst in sight, which explains Warren Buffett's statements of disappointment. Despite a massive Q2 asset write-down and ongoing underwhelming financials, the nearly 6% dividend appears secure. Sales declined 3% year-over-year, and net income was deeply negative due to the write-down, masking other...
Kraft Heinz is splitting up 10 years after Warren Buffett spearheaded the food giants' mega-merger. Buffett gurus said that combining them was a "rare" misstep by the legendary investor.
The Kraft Heinz Company (NASDAQ:KHC ) Barclays 18th Annual Global Consumer Staples Conference 2025 September 3, 2025 10:30 AM EDT Company Participants Carlos Abrams-Rivera - CEO & Director Andre Maciel - Executive VP & Global CFO Conference Call Participants Andrew Lazar - Barclays Bank PLC, Research Division Presentation Andrew Lazar MD & Senior Research Analyst All right. Welcome back, everyb...
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