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-0.00110660272962011 -0.00211361121357438 -0.00663961637772052 -0.00663961637772052 -0.00553301364810041 -0.0184433788270011 -0.0180745112504612 -0.0184433788270011
Stock impact report

Kraft Heinz: A Small, Yet Welcome Benefit [Seeking Alpha]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Seeking Alpha
SummaryKraft Heinz sees a small net benefit from the hoarding effect following the outbreak of the coronavirus crisis.This sounds modest, yet investors were somewhat fearful that the net distraction from the Foodservice operations would result in a negative impact.This is just a drop in the bucket for the company as all benefits are welcome with growth pressured and leverage high.I still like the long-term risk-reward here.Kraft Heinz (KHCIt now appears that the situation is stable, as Kraft Heinz is a net beneficiary of current conditions, although relatively marginal, yet that is good enough in this environment.The UpdateinformedThis growth is beneficial, as the company initially guided for small declines in organic sales. A painful drop in ketchup demand is more than offset by increased demand for macaroni, cheese, soups and canned beans.So far good news, as the company does not expect the full benefit of the increase in sales to flow through into net earnings and EBITDA as a resul Show less Read more
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