The Kraft Heinz Co
KHC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| K%& | LOCK|BC^zZ | LOCK|sJ!gm? |
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%.
