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0.000608852393350695 0.00280392549569398 0.00340476667334271 0.000400560785099201 -0.00160224314039652 -0.000400560785099059 -0.00200280392549558 0.00120168235529746
Stock impact report

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 Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
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 Show less Read more
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