Singapore Joins The War On Sugar [Investor's Business Daily]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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Source: Investors Business Daily
Add Singapore to the list of headaches for sugar producers. The country, one of Asia's biggest per capita consumers, plans to implement a ban on ads for packaged drinks with very high sugar content in a health campaign. The move joins government crackdowns on sugar consumption from Chile to South Africa. Sugar has become one of the most despised ingredients, thanks to its calorie count and associations with obesity. It's so reviled that U.S. cities from Philadelphia to Boulder, Colo., have levied taxes against sugary drinks and companies including PepsiCo ( PEP ) have pledged to cut back. Even chocolatier Hershey ( HSY ) has expanded its offerings of products with less sweetener. As a result, consumption has taken a major hit. The U.S. Department of Agriculture estimates global demand advanced 0.2% in the 2018-2019 season, the smallest year-on-year gain since 2010 and the second-lowest expansion since 1994. "We're noticing there's been a reduction in consumption — it's not growing lik
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KHC
News
- Here's Why Kraft Heinz (KHC) Fell More Than Broader Market [Yahoo! Finance]Yahoo! Finance
- School lunches are changing: USDA updates rules to limit added sugars for the first time [USA TODAY]USA TODAY
- 4 Blackrock Mutual Funds to Build a Solid Portfolio [Yahoo! Finance]Yahoo! Finance
- Opinion: I loved my Lunchables as a kid. Now, all I see is what's in them [CNN]CNN
- Global Coffee Beans Market to Surge to US$ 56.38 Billion by 2030, Driven by Popularity Among Millennials and Diverse Consumption Trends [Yahoo! Finance]Yahoo! Finance
KHC
Earnings
- 2/14/24 - Beat
KHC
Sec Filings
- 4/18/24 - Form 8-K
- 3/22/24 - Form PX14A6G
- 3/22/24 - Form ARS
- KHC's page on the SEC website