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HomeTagsKraft Heinz

All Stories: Kraft Heinz

Kraft Heinz’s potential spinoff of Velveeta cheese is a risky effort

NEW YORK: Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost returns by reversing its...

Kraft Heinz investing $3 billion upgrading US manufacturing

NEW YORK, May 14, 2025: Kraft Heinz is spending $3 billion to upgrade its US factories, its largest investment in its plants in a...

Kraft Heinz forecasts bleak annual profit

Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food maker struggles with sluggish demand...

Kraft Heinz must face Mac & Cheese lawsuit, judge rules

A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and...

Kraft Heinz retains annual profit target

Kraft Heinz slashed its organic sales forecast for 2024 on Wednesday, signaling subdued demand for its branded snacks and Lunchables meal kits, but its...

Kraft backs out of Unilever bid after hostile reception

LONDON: Kraft Heinz rapid retreat from its surprise $143 billion bid for Unilever in the face of stiff resistance from the company and politicians...

Kraft Heinz bids $143 billion for Unilever in global brand grab

LONDON: U.S. food company Kraft Heinz made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant,...
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