Kraft Heinz CEO says company challenges are 'fixable' as breakup plans get scrapped for investment strategy [FOX Business Network]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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US:NASDAQ Investor Relations:
ir.kraftheinzcompany.com/overview
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Source: FOX Business Network
Kraft Heinz is pumping the brakes on plans to break up the company, with its new CEO saying the food giant's challenges are "fixable and within our control" as it shifts focus toward reigniting profitable growth through a $600 million investment push. In a note in the company's routine fourth quarter report, CEO Steve Cahillane said that instead of splitting up, the company will double down on rebuilding growth — backing that up with a massive investment in the brand's marketing, sales and research and development. "When I decided to join Kraft Heinz, I knew that this was an exciting opportunity to contemporize iconic brands, better serve consumers and customers, and build meaningful shareholder value," Cahillane said in the press release. "Since joining the company, I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control," he continued. "My number one priority is returning the business to profitable growth, wh
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KHC
News
- Investor Outlook: Kraft Heinz pauses split as 2026 earnings slide [BNN Bloomberg (Canada)]BNN Bloomberg
- Kraft Heinz shares tumble as 2026 guidance falls short [Yahoo! Finance]Yahoo! Finance
- Kraft Heinz tumbles 7% as company pauses split, issues weak guidance [Yahoo! Finance]Yahoo! Finance
- Kraft Mac & Cheese and Heinz Ketchup are sticking together after all [CNN]CNN
- Kraft Mac & Cheese and Heinz Ketchup are sticking together after all [CNN]CNN
KHC
Earnings
- 2/11/26 - Beat
KHC
Sec Filings
- 2/11/26 - Form 8-K
- 2/3/26 - Form 4
- 1/20/26 - Form 8-K
- KHC's page on the SEC website