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KHC - Dividend announcements
The Kraft Heinz Company (KHC) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for KHC
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 27, 2026, to stockholders of record as of March 6, 2026. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2025 net sales of approximately $25 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consum
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 26, 2025, to stockholders of record as of Nov. 28, 2025. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consume
- Kraft Heinz Reports Third Quarter 2025 Results; Updates Full Year 2025 OutlookThird Quarter Highlights Net sales decreased 2.3%; Organic Net Sales(1) decreased 2.5% Gross profit margin decreased 230 basis points to 31.9%; Adjusted Gross Profit Margin(1) decreased 200 basis points to 32.3% Operating income was $1.0 billion; Adjusted Operating Income(1) was $1.1 billion, down 16.9% Year-to-date net cash provided by operating activities was $3.1 billion, up 10.4%; Free Cash Flow(1) was $2.5 billion, up 23.3%, and Free Cash Flow Conversion(1) increased 34pp to 109% Year-to-date return of capital to stockholders was $1.8 billion Company separation remains on track to close in the second half of 2026 The Kraft Heinz Company (NASDAQ:KHC) ("Kraft He
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Sept. 26, 2025, to stockholders of record as of Aug. 29, 2025. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consum
- Kraft Heinz Reports Second Quarter 2025 Results; Maintains Full Year 2025 OutlookSecond Quarter Highlights Net sales decreased 1.9%; Organic Net Sales(1) decreased 2.0% Gross profit margin decreased 100 basis points to 34.4%; Adjusted Gross Profit Margin(1) decreased 140 basis points to 34.1% Operating income was a loss of $8.0 billion, driven by non-cash impairment losses of $9.3 billion; Adjusted Operating Income(1) was $1.3 billion, down 7.5% Year-to-date net cash provided by operating activities was $1.9 billion, up 12.6%; Free Cash Flow(1) was $1.5 billion, up 28.5% and Free Cash Flow Conversion(1) increased 31pp to 96% Year-to-date return of capital to stockholders was $1.4 billion The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "C
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on June 27, 2025, to stockholders of record as of May 30, 2025. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consumer-d
- Kraft Heinz Reports First Quarter 2025 ResultsFirst Quarter Highlights Net sales decreased 6.4%; Organic Net Sales(1) decreased 4.7% Gross profit margin decreased 60 basis points to 34.4%; Adjusted Gross Profit Margin(1) decreased 10 basis points to 34.4% Operating income decreased 8.1%; Adjusted Operating Income(1) decreased 5.2% Diluted EPS was $0.59, down 10.6%; Adjusted EPS(1) was $0.62, down 10.1% Year-to-date net cash provided by operating activities was $0.7 billion, down 6.6%; Free Cash Flow(1) was $0.5 billion, up 1.0% and Free Cash Flow Conversion(1) increased 9.0% Year-to-date return of capital to stockholders was $0.7 billion The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today repo
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 28, 2025, to stockholders of record as of March 7, 2025. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consum
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 27, 2024, to stockholders of record as of Nov. 29, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approximately $27 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consumer-
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Sept. 27, 2024, to stockholders of record as of Aug. 30, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approximately $27 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consum
- Kraft Heinz Reports Second Quarter 2024 ResultsLowers Full Year Outlook for Organic Net Sales(1)(2) and Adjusted Operating Income(1)(2) Reaffirms Full Year Outlook for Adjusted EPS(1)(2) Second Quarter Highlights Net sales decreased 3.6%; Organic Net Sales(1) decreased 2.4% Gross profit margin increased 180 basis points to 35.4%; Adjusted Gross Profit Margin(1) increased 210 basis points to 35.5% Operating income decreased 62.1%; Adjusted Operating Income(1) increased 2.0% Diluted EPS was $0.08, down 90.1%; Adjusted EPS(1) was $0.78, down 1.3% Year-to-date net cash provided by operating activities was $1.7 billion, up 8.1%; Free Cash Flow(1) was $1.2 billion, up 8.7% Year-to-date return of capital to stockhold
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on June 28, 2024, to stockholders of record as of June 6, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approximately $27 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consumer
- Kraft Heinz Reports First Quarter 2024 ResultsReaffirms Full Year Outlook First Quarter Highlights Net sales decreased 1.2%; Organic Net Sales(1) decreased 0.5% Gross profit margin increased 240 basis points to 35.0%; Adjusted Gross Profit Margin(1) increased 170 basis points to 34.5% Operating Income increased 4.7%; Adjusted Operating Income(1) increased 1.7% Diluted EPS was $0.66, down 2.9%; Adjusted EPS(1) was $0.69, up 1.5% The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the first quarter of 2024. "I'm pleased that our strategic focus on unlocking end-to-end efficiencies and reinvesting in the business to drive sales growth continues to pay off," said Kra
- Kraft Heinz to Highlight Path to Deliver Consistent Profitable Growth at 2024 CAGNY ConferenceThe Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") will present today at the 2024 Consumer Analyst Group of New York (CAGNY) Conference. CEO Carlos Abrams-Rivera and Global Chief Financial Officer Andre Maciel will discuss how the Company plans to deliver on its goal to generate consistent top-tier stockholder returns by being the leader in elevating and creating food that makes you feel good. The Company plans to deliver its long-term growth through its three Growth Pillars: North America Retail, Global Away From Home, and Emerging Markets. The Company expects to fuel its top-line growth through its "Enablers of Growth," which include investments in marketing, research
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 29, 2024, to stockholders of record as of March 8, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approximately $27 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer
- Kraft Heinz Board Authorizes Share Repurchase ProgramThe Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today announced that the Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $3 billion of the Company's outstanding shares of common stock through December 26, 2026. Under the share repurchase program, the Company intends to repurchase shares with excess cash after allocations for disciplined capital spending, including investments to support organic growth in key areas of its business, payment of an attractive dividend, maintaining a targeted Net Leverage1 of approximately 3.0x, and evaluation of strategic opportunities, including acquisitions, divestitures, and partnersh
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 29, 2023, to stockholders of record as of Dec. 1, 2023. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2022 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-d
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Sept. 29, 2023, to stockholders of record as of Sept. 1, 2023. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2022 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer
- Kraft Heinz Reports Second Quarter 2023 ResultsReaffirms Full Year Outlook Second Quarter Highlights Net sales increased 2.6%; Organic Net Sales(1) increased 4.0% Gross profit margin increased 337 basis points to 33.6%; Adjusted Gross Profit Margin(1) increased 180 basis points to 33.3% Net income increased 277.0%; Adjusted EBITDA(1) increased 6.0% Diluted EPS was $0.81, up 285.7%; Adjusted EPS(1) was $0.79, up 12.9% The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the second quarter of 2023. "We delivered strong second quarter results, growing net sales, profits and profitability. This is consistent with our strategy to accelerate profitable growth," said K
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on June 30, 2023, to stockholders of record as of June 6, 2023. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2022 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-d
- Kraft Heinz Reports First Quarter 2023 ResultsRaises Full Year Outlook for Constant Currency Adjusted EBITDA(1)(2) and Adjusted EPS(1)(2) Reaffirms Full Year Outlook for Organic Net Sales(1)(2) First Quarter Highlights Net sales increased 7.3%; Organic Net Sales(1) increased 9.4% Gross profit margin increased 62 basis points to 32.6%; Adjusted Gross Profit Margin(1) increased 126 basis points to 32.8% Net income increased 7.1%; Adjusted EBITDA(1) increased 10.3% Diluted EPS was $0.68, up 7.9%; Adjusted EPS(1) was $0.68, up 13.3% The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the first quarter of 2023. "We delivered strong results in the first quarter o
- Kraft Heinz Outlines Transformation Momentum and Path to Lead the Future of Food at the 2023 CAGNY ConferenceThe Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") will today discuss progress the Company is making against its strategic transformation plan and long-term growth algorithm at the 2023 Consumer Analyst Group of New York (CAGNY) Conference. Miguel Patricio, CEO and Board Chair; Carlos Abrams-Rivera, EVP & President, North America; Rafa Oliveira, EVP & President, International Markets; and Andre Maciel, EVP & Global CFO, will discuss how the Company is accelerating profitable growth and driving innovation to deliver stockholder value over the long term. "We entered the final stage of our transformation in 2022, with a focus on enhancing our Agile@Scale capabilities throu
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 31, 2023, to stockholders of record as of March 10, 2023. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2022 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 30, 2022, to stockholders of record as of Nov. 25, 2022. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-dr
- Kraft Heinz Reports Third Quarter 2022 ResultsReaffirms Full Year Outlook for Organic Net Sales(1)(2) and Raises Lower End of Previous Adjusted EBITDA(1)(2) Range The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the third quarter of 2022. "We delivered another quarter of strong results as we continue to successfully navigate a volatile environment," said Kraft Heinz CEO and Chair of the Board Miguel Patricio. "We are driving net sales growth across both North America and International segments, fueled by each of our three pillars of growth: our GROW platforms in North America, Foodservice, and Emerging Markets. At the same time, the consumer remains our top priority. We're ded
- Kraft Heinz Affirms Full Year 2022 Guidance, Reduces Leverage Target and Details Long-term AlgorithmThe Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") will today affirm its full year 2022 guidance, announce a reduced leverage target and outline additional details on its long-term algorithm, as executives participate in the 2022 Barclays Global Consumer Staples Conference. Miguel Patricio, Chief Executive Officer and Chair of the Board of Directors; Andre Maciel, EVP and Global Chief Financial Officer; and Carlos Abrams-Rivera, EVP and President, North America Zone, will share their perspectives as part of a discussion about the ongoing Kraft Heinz transformation and plans to accelerate profitable growth. "We have successfully completed two phases of our ongoing transfo
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Sept. 23, 2022, to stockholders of record as of Aug. 26, 2022. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-d
- Kraft Heinz Reports Second Quarter 2022 ResultsCompany Delivers Solid Second Quarter Results, Continues to Successfully Navigate Current Environment and Advance Long-Term Strategy Raises Full Year Outlook for Organic Net Sales(1)(2) While Holding to Previous Adjusted EBITDA(1)(2) Expectations The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the second quarter of 2022 that reflected strong price realization and resilient demand. "We delivered yet another quarter of strong results as we continue to successfully navigate near-term headwinds, enabled by further advancements of our long-term strategy," said Kraft Heinz CEO and Chair of the Board Miguel Patricio. "Though the environ
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on June 24, 2022, to stockholders of record as of May 27, 2022. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-dri
- Kraft Heinz Reports First Quarter 2022 ResultsOngoing Transformation Powers Strong Start to the Year Raises Full Year Outlook for Organic Net Sales(1)(2) While Holding to Previous Adjusted EBITDA(1)(2) Expectations The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the first quarter of 2022 that reflected strong price realization, resilient retail demand, and foodservice growth. "Our first quarter was a strong start to the year and yet another period where our team rose to mitigate new and different macro environment challenges," said Kraft Heinz CEO Miguel Patricio. "We continue to build critical capabilities, greater corporate agility, and additional financial flexibility to
- Kraft Heinz Outlines the Next Phase of Its Transformation at the 2022 CAGNY ConferenceIncreases Long Term Growth Algorithm The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") will today discuss progress the Company is making against its strategic transformation plan at the 2022 Consumer Analyst Group of New York (CAGNY) Conference. Miguel Patricio, Chief Executive Officer; Carlos Abrams-Rivera, EVP & President, North America; and Andre Maciel, incoming EVP & Global Chief Financial Officer, will detail how the Company aims to accelerate profitable growth coupled with an attractive dividend to deliver meaningful value over the long term. The Company will describe how it has reset its foundation and fully deployed its Operating Model in the past two years, a
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 25, 2022, to stockholders of record as of March 11, 2022. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-
- Kraft Heinz Reports Fourth Quarter and Full Year 2021 ResultsStrategic Transformation Powered Another Year of Outstanding Performance Strengthened Balance Sheet and Strong Free Cash Flow(1) Generation Underscores Advancing Credit Quality The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the fourth quarter and full year 2021. "Our strategic transformation has powered another year of outstanding performance," said Kraft Heinz CEO Miguel Patricio. "Our achievements are proof that our scale and agility have led to better results and greater relevance with customers and consumers. We are generating efficiencies to fuel incremental investments in our business, which, along with successful pricing,
- Kraft Heinz Announces Pricing Terms and the Accepted Tender Amounts for Its Cash Tender Offer for Up to $2.0 Billion Aggregate Purchase Price of Certain of Its Outstanding NotesThe Kraft Heinz Company ("Kraft Heinz") (NASDAQ:KHC) announced today the pricing terms and the accepted tender amounts of the previously announced offer by Kraft Heinz Foods Company, its 100% owned subsidiary (the "Issuer"), to purchase for cash (the "Tender Offer") any validly tendered (and not subsequently validly withdrawn and accepted for purchase) notes up to a maximum combined aggregate purchase price of $2.0 billion, including principal and premium but excluding accrued and unpaid interest (the "Maximum Tender Amount"), of its outstanding 3.500% Senior Notes due June 2022 (the "June 2022 Notes"), 4.625% Senior Notes due January 2029 (the "January 2029 Notes"), 4.250% Senior Notes due
- Kraft Heinz Announces Early Tender Participation Results, Election of Early Settlement, and Satisfaction of the Financing Condition for Its Cash Tender Offer for Up to $2.0 Billion Aggregate Purchase Price of Certain of Its Outstanding NotesThe Kraft Heinz Company ("Kraft Heinz") (NASDAQ:KHC) announced today the early tender participation results, as of 5:00 p.m., New York City time, on December 2, 2021 (the "Early Tender Time"), of the previously announced cash tender offer by Kraft Heinz Foods Company, its 100% owned subsidiary (the "Issuer"), to purchase for cash (the "Tender Offer") any validly tendered (and not subsequently validly withdrawn) notes up to the maximum combined aggregate purchase price of $2.0 billion, including principal and premium but excluding accrued and unpaid interest (the "Maximum Tender Amount"), of its outstanding 3.500% Senior Notes due June 2022 (the "June 2022 Notes"), 4.625% Senior Notes due Ja
- Kraft Heinz Commences Cash Tender Offer for up to $2.0 Billion Aggregate Purchase Price of Certain of Its Outstanding NotesThe Kraft Heinz Company ("Kraft Heinz") (NASDAQ:KHC) announced today that Kraft Heinz Foods Company, its 100% owned subsidiary (the "Issuer"), has commenced an offer to purchase for cash (the "Tender Offer") up to the maximum combined aggregate purchase price of $2.0 billion, including principal and premium but excluding accrued and unpaid interest (the "Maximum Tender Amount"), of its 3.500% Senior Notes due June 2022 (the "June 2022 Notes"), 4.625% Senior Notes due January 2029 (the "January 2029 Notes"), 4.250% Senior Notes due March 2031 (the "March 2031 Notes"), 6.750% Senior Notes due March 2032 (the "March 2032 Notes"), 5.000% Senior Notes due July 2035 (the "July 2035 Notes"), 6.500
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 17, 2021, to stockholders of record as of Nov. 26, 2021. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2020 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-dr
- Kraft Heinz Reports Third Quarter 2021 ResultsDelivers results ahead of expectations Gaining traction to address inflation, advance strategy Raises full year outlook The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the third quarter of 2021, which reflected gains in Organic Net Sales on top of exceptionally strong growth in 2020. The Company also reported better-than-expected results, enabled by improvements in its operating model and an agile approach to managing supply and services through volatile markets. "I am incredibly proud of our Kraft Heinz team for delivering another quarter of results that exceed our expectations, even as we face the ongoing challenges of the pan
- Kraft Heinz Outlines Benefits of Scale + Agility at 2021 Barclays Global Consumer Staples ConferenceAffirms Full Year 2021 Outlook The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") will today discuss progress the Company is making against its transformation plan at the 2021 Barclays Global Consumer Staples Conference. Chief Executive Officer Miguel Patricio, U.S. Zone President Carlos Abrams-Rivera, and Global Chief Financial Officer Paulo Basilio will detail how the Company is successfully navigating the current environment to generate sustainable shareholder value. "In the last 18 months, we have taken bold actions to reshape our entire company and reignite growth – and we're far from done," said Patricio. "Our strategy to bring agility to our significant scale is
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Kraft Heinz Company (NASDAQ:KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Sept. 24, 2021, to stockholders of record as of Sept. 1, 2021. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2020 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-d
- Kraft Heinz Reports Second Quarter 2021 ResultsMaintaining strong net sales growth versus 2019 Effectively managing inflationary pressures Expecting 2021 financial performance ahead of initial expectations The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the second quarter of 2021. "Our second quarter results serve as a strong indicator that our Kraft Heinz team will not only deliver a stronger 2021 than we initially anticipated, but will come out of the global pandemic much stronger than we entered," said Kraft Heinz CEO Miguel Patricio. "We continue to drive our transformation program forward, modernizing our brands and better connecting with our consumers. And while indus
- Kraft Heinz Announces Expiration and Expiration Time Results of Cash Tender Offer for Any and All of Certain of its Outstanding NotesThe Kraft Heinz Company ("Kraft Heinz") (NASDAQ:KHC) announced today that the previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") commenced by its 100% owned subsidiary Kraft Heinz Foods Company (the "Issuer") to purchase up to a maximum combined aggregate purchase price of $2.8 billion, including principal and premium but excluding Accrued Interest (as defined below) of its outstanding notes listed in the table below (the "Notes," and each, a "Series" of Notes) expired at 5:00 p.m., New York City time, on June 11, 2021 (the "Expiration Time"). The Offers were made on the terms and subject to the conditions set forth in the offer to purchase dated June
- Kraft Heinz Commences Cash Tender Offer for Any and All of Certain of Its Outstanding Notes for Up to $2.8 Billion Aggregate Purchase PricePITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today that its 100% owned subsidiary Kraft Heinz Foods Company (the “Issuer”) has commenced cash tender offers (each, an “Offer” and collectively, the “Offers”) to purchase up to a maximum combined aggregate purchase price of $2.8 billion, including principal and premium but excluding accrued and unpaid interest (the “Maximum Purchase Price”) of its outstanding notes listed in the table below (the “Notes,” and each, a “Series” of Notes). Subject to the Maximum Purchase Price, the amount of a Series of Notes that is purchased in the Offers will be based on the Acceptance Priority Le
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per ShareThe Board of Directors of The Kraft Heinz Company (NASDAQ:KHC) today declared a regular quarterly dividend of $0.40 per share of common stock payable on June 25, 2021, to stockholders of record as of May 28, 2021. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (NASDAQ:KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2020 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms.
- Kraft Heinz Reports First Quarter 2021 ResultsQ1 net sales increased 3.9% and Organic Net Sales(1) increased 2.5% Q1 gross profit increased 18.5% Q1 operating income increased 41.3%, net income increased 49.0%, and diluted EPS increased 48.4% Adjusted EBITDA(1) increased 11.6% and Adjusted EPS(1) increased 24.1% The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today reported financial results for the first quarter of 2021 that reflected solid net sales growth, favorable product mix, and lower general corporate expenses versus the year-ago period, with strong performance across all business segments. "Our first quarter was better than expected, with our team delivering strong results on top of exceptional
- Kraft Heinz Announces Early Tender Participation Results of, and Election of Early Settlement for, Its Cash Tender Offer for Up to $1.0 BillionPITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) today announced the early tender participation results, as of 5:00 p.m., New York City time, on March 5, 2021 (the “Early Tender Time”), of the previously announced cash tender offer by its 100% owned operating subsidiary Kraft Heinz Foods Company (the “Issuer”) to purchase for cash (the “Tender Offer”) any validly tendered (and not subsequently validly withdrawn) notes up to the maximum combined aggregate purchase price of $1.0 billion, including principal and premium but excluding accrued and unpaid interest (the “Maximum Tender Amount”), of its outstanding 3.500% Senior Notes due June 202
- Kraft Heinz Commences Cash Tender Offer for Up To $1.0 Billion Aggregate Purchase Price of Certain of its Outstanding NotesPITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today that its 100% owned subsidiary Kraft Heinz Foods Company (the “Issuer”) has commenced an offer to purchase for cash (the “Tender Offer”) up to the maximum combined aggregate purchase price of $1.0 billion, including principal and premium but excluding accrued and unpaid interest (the “Maximum Tender Amount”), of its outstanding 3.500% Senior Notes due June 2022 (the “June 2022 Notes”), 4.000% Senior Notes due June 2023 (the “June 2023 Notes”), 3.950% Senior Notes due July 2025 (the “July 2025 Notes”), and 3.000% Senior Notes due June 2026 (the “June 2026 Notes,” and together
- Hormel Foods Adds Another Strategic Leading Brand to its Portfolio with the Acquisition of Planters®AUSTIN, Minn., Feb. 11, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that it has entered into a definitive agreement to acquire the Planters® snack nut portfolio from the Kraft Heinz Company (Nasdaq: KHC). The proposed transaction is expected to close in calendar Q2 2021, subject to regulatory review and approval. The acquisition includes the Planters®, NUT-rition®, Planters® Cheez Balls and Corn Nuts® brands. Hormel Foods will acquire the business for $3.35 billion in cash in a transaction that provides a tax benefit valued at approximately $560 million, equating to an effective purchase price of $2.79 billion. "Planters® is a
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per SharePITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Board of Directors of The Kraft Heinz Company (Nasdaq: KHC) today declared a regular quarterly dividend of $0.40 per share of common stock payable on March 26, 2021, to stockholders of record as of March 12, 2021. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2020 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a
- Kraft Heinz Reports Fourth Quarter and Full Year 2020 ResultsPITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the fourth quarter and full year 2020. “Our people’s unwavering commitment during this pandemic has been remarkable, and through it, our organization has rediscovered its agility. This has accelerated our transformation and led to the strong performance we are reporting today,” said Kraft Heinz CEO Miguel Patricio. “We set our multi-year transformation plan this time last year. We exceeded that plan in 2020. We are increasingly confident that we will again exceed that plan in 2021. We have started the new year with our new operating mo