The Kraft Heinz Co
KHC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| d<& | LOCK|gGQ^ | LOCK|%K#@qQ |
Kraft Heinz: A Split Ensues to End a Union That Was Rife With Challenges; Shares Still Attractive
Kraft Heinz intends to split its sauces, spreads, and seasonings arm ($15.4 billion in annual sales) from its North American grocery brands ($10.4 billion). The transaction to create two separate public companies is slated to close in 2026's second half. Shares fell 5% on the news.
