Kraft Heinz Company (KHC) PT Lowered to $32 at Goldman Sachs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/30/2026
Go back to Kraft Heinz Company (KHC) PT Lowered to $32 at Goldman Sachs
October 30, 2024 7:01 AM EDT
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--
The Kraft Heinz Company (Nasdaq: KHC) announced today that the Companys Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on Dec. 27, 2024, to stockholders of record as of Nov. 29, 2024.
ABOUT THE... More
October 30, 2024 7:00 AM EDT
Narrows Full Year Outlook for Organic Net Sales(1)(2), Adjusted Operating Income(1)(2), and Adjusted EPS(1)(2)
Third Quarter Highlights
Net sales decreased 2.8%; Organic Net Sales(1) decreased 2.2%
Gross profit margin increased 20 basis points to 34.2%; Adjusted Gross Profit Margin(1) increased 30 basis points to 34.3%
Operating income decreased 115.5%, driven by non-cash impairment losses of $1.4 billion; Adjusted Operating Income(1) increased 1.4%
Diluted EPS was $(0.24), down 214.3%; Adjusted EPS(1) was $0.75, up 4.2%
Year-to-date net cash provided by operating activities was $2.8 billion, up 6.7%;...
More
October 28, 2024 4:10 PM EDT
New Independent Director, Debby Soo, is the CEO of OpenTable, Inc., and brings significant expertise in technology transformation, public company leadership, and global business management
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--
The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) announced today that Debby Soo, CEO of OpenTable, Inc., has been appointed to the Board of Directors (Board), effective October 24, 2024.
This press release features multimedia. View the full release here:... More
