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-0.00013715539706475 0 -0.000548621588259389 -0.000960087779454028 -0.00109724317651897 -0.00164586476477836 0.00123439857358392 0.0020573309559732
Stock impact report

Kraft Heinz (KHC) Gains From Pricing Actions & Growth Pillars [Yahoo! Finance]

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: Yahoo! Finance
Retail Grow platforms. However, the company is not immune to the rising cost environment. Let's delve deeper. Pricing Actions Kraft Heinz has been undertaking strategic pricing initiatives to improve its performance. Robust pricing strategies have been protecting the company's margin performance amid inflation. The trend continued in the fourth quarter of 2023, wherein pricing rose 3.7 percentage points on higher list prices to counter escalated input costs. Pricing is likely to make a positive impact on organic net sales throughout 2024. The company's quarterly adjusted gross margin expanded 260 basis points (bps) to 34.8% in the fourth quarter. Management expects a modest adjusted gross margin expansion in the 25-75 basis point band in 2024. Growth Pillars Solid Kraft Heinz is benefiting from strength in its three key pillars — Foodservice, Emerging Markets and U.S. Retail Grow platforms. In the Foodservice business, management is prioritizing higher margin spaces and unde Show less Read more
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