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...Investors co-ordinated by ShareAction started to call on food companies such as Nestlé, Unilever and Kraft Heinz to improve the health of their portfolios as a result of the clear link between bad diets...
...Kraft Heinz says it is “driving transformation . . . inspired by our Purpose, Let’s Make Life Delicious”. Have a tasty weekend, Helen ThomasHead of Lex...
...After Kraft Heinz enacted a series of price rises in 2023, the maker of Heinz ketchup and Grey Poupon mustard last month reported declining organic net sales for the first time since 2021, with volumes also...
...Kraft Heinz, General Mills and Hershey all said they would look to drive growth through acquisitions....
...Here’s what else I’m keeping tabs on today: Results: Ketchup maker Kraft Heinz will report its latest quarterly earnings before the open....
...Finance minister Bruno Le Maire has threatened to impose special taxes on food companies that do not pass on lower prices to consumers in order to claw back “undue” profits as their costs have fallen....
...Among big cap US stocks yesterday, some of the largest losers were snack and sweet drinks giants such as Mondelez, Coca-Cola, Pepsi and Kraft-Heinz....
...Kraft Heinz is getting price, but only at the cost of falling volumes....
...The CMA did not accuse any manufacturers by name but in its report it said “the most successful branded products” like Heinz Beanz, Unilever’s Hellmann’s mayonnaise and Nestlé’s Felix cat food were “must-stock...
...She cites a soft January retail sales report which showed a slowdown from January to February; weakening survey measures of consumer sentiment; and lukewarm comments from executives at Kraft Heinz, Pepsi...
...Berkshire Hathaway Energy chief executive Gregory Abel and Susan Mulder, head of apparel company Nic & Zoe, will step down from Kraft Heinz’s board of directors at its annual meeting later this year, the...
...Earnings: Private equity firm Carlyle, Taco Bell parent Yum Brands, food producer Kraft Heinz, and pharmacy group CVS Health will report earnings before the opening bell....
...Kraft Heinz said it had lost some of its position in the second quarter of the year as a result of pricing its products higher than the market....
...It’s from Heinz, announcing “Hot Cross Bun flavoured Mayonnaise”....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Higher prices for Kraft Heinz products have boosted the company’s earnings in recent months, and it just implemented a new round of price increases....
...Bust-ups between food manufacturers and retailers are nothing new, especially when rising inflation squeezes everyone’s margins....
...He has served as executive chair of Avis Budget Group and was previously the chief executive of Kraft Heinz Company and Burger King Worldwide Holdings....
...(FanDuel has said the company is not privy to news Charania breaks before he does so.)...
...The Trian founder has a long record of activism in the consumer goods sector, pushing forward changes at Procter & Gamble and helping to orchestrate the 2012 split of Kraft Foods into Heinz and Mondelez....
...During his four-decade career at Slaughter and May, Cooke advised on politically sensitive deals such as the 2010 takeover battle between Cadbury and US food group Kraft, which resulted in changes to the...
...PepsiCo, Kraft Heinz, Nestlé and Mars....
...The appeal of the staples group, which features food and drink (Kraft Heinz, Coca-Cola), basics retailers (Walmart, Kroger, Dollar Tree) and household goods (Colgate, Kimberly-Clark), is its stability....
...A self-styled “constructivist”, Peltz is best known for his turnaround campaigns at big consumer goods companies such as Mondelez, Heinz and Procter & Gamble....
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