The Kraft Heinz Co

KHC: XNYS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
W>SLOCK|V#w>nLOCK|Jn!>G#

Kraft Heinz Earnings: Reigniting Growth To Take Priority; Split Shelved; Shares Attractive

In an about-face, Kraft Heinz scrapped its plans to split and instead is plowing another $600 million into its brands and capabilities. This news came alongside a 4.2% downdraft in fourth-quarter organic sales and a 130-basis-point erosion in the adjusted gross margin to 33.1%.

Sponsor Center