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Big Food pours millions into rebrands as obesity drugs reshape U.S. demand [BNN Bloomberg (Canada)]

The Kraft Heinz Company (KHC)  More Company Research Source: BNN Bloomberg
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Companies that previously took a wait-and-see attitude now see GLP-1s as here to stay. So far this year, nearly three dozen companies outside the healthcare industry have mentioned GLP-1 drugs or weight loss on their earnings conference calls, up from 14 for the same period a year ago, and just five two years earlier, according to LSEG data. Diet changes linked to GLP-1 drug use could mean up to US$12 billion in snack sales lost over the next decade, according to EY-Parthenon estimates. Adoption of GLP-1 drugs, which suppress appetite and are mainly prescribed for diabetes and weight loss, more than doubled in the 12 months to December, with about 20 per cent of U.S. households now including at least one user, according to a PwC analysis. Peter ter Kulve, CEO of Magnum Ice Cream, said GLP-1 users continue to eat treats, but they exhibit “a stark reduction of mindless munching and binge eating.” Coca-Cola's incoming top boss urged faster innovation on his first analyst call as C [Read more]
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Stockreport

Big Food pours millions into rebrands as obesity drugs reshape U.S. demand [BNN Bloomberg (Canada)]

The Kraft Heinz Company  (KHC) 
More Company Research Source: BNN Bloomberg
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Companies that previously took a wait-and-see attitude now see GLP-1s as here to stay. So far this year, nearly three dozen companies outside the healthcare industry have mentioned GLP-1 drugs or weight loss on their earnings conference calls, up from 14 for the same period a year ago, and just five two years earlier, according to LSEG data. Diet changes linked to GLP-1 drug use could mean up to US$12 billion in snack sales lost over the next decade, according to EY-Parthenon estimates. Adoption of GLP-1 drugs, which suppress appetite and are mainly prescribed for diabetes and weight loss, more than doubled in the 12 months to December, with about 20 per cent of U.S. households now including at least one user, according to a PwC analysis. Peter ter Kulve, CEO of Magnum Ice Cream, said GLP-1 users continue to eat treats, but they exhibit “a stark reduction of mindless munching and binge eating.” Coca-Cola's incoming top boss urged faster innovation on his first analyst call as C [Read more]
IMPACT SNAPSHOT
EVENT TIME:
KHC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS