Kraft Heinz (KHC) Declares $0.625 Quarterly Dividend; 4.2% Yield

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UPDATE: Kraft Heinz (KHC) Tops Q2 EPS by 7c, Revenues Beat

August 3, 2018 7:36 AM EDT

(Updated - August 3, 2018 7:36 AM EDT)

Kraft Heinz (NASDAQ: KHC) reported Q2 EPS of $1.00, $0.07 better than the analyst estimate of $0.93. Revenue for the quarter came in at $6.69 billion versus the consensus estimate of $6.61 billion.

Q2 net sales increased 0.7%; Organic Net Sales(1) decreased... More

Kraft Heinz (KHC) Passed on Pinnacle Foods (PF) Bid, Signaling it may Not Want Campbell Soup (CPB) - CNBC

August 2, 2018 12:04 PM EDT

(Updated - August 2, 2018 12:09 PM EDT)

Kraft Heinz (NASDAQ: KHC) passed on the opportunity to bid on Pinnacle Foods (NYSE: PF), saying it would not be a good strategic fit, according to CNBC, citing sources. Kraft's reservations may extend to Campbell Soup (NYSE: CPB), the report noted.

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