KHC Stock Recent News

Kraft Heinz (KHC) shares declined Wednesday after the troubled packaged food provider said that it has been looking into possible deals to boost its business, and had a shakeup in its board.

The maker of ketchup and sliced cheese didn't say what potential transactions it is considering, and it hasn't set a timeline for its review.

Packaged foods giant Kraft Heinz said it was looking at strategic transactions as consumer demand for its pricey snacks and ready-to-eat meals weakens due to an uncertain economic environment and high inflation.

The maker of ketchup and sliced cheese didn't say what potential transactions it is considering, and it hasn't set a timeline for its review.

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced that the Company's Board of Directors and Executive Leadership Team have been evaluating potential strategic transactions to unlock shareholder value. “At Kraft Heinz, our goal has always been to make high-quality, great-tasting food for all and to keep consumers at the forefront of all we do, enabling us to drive profitable long-term growth and value creation,” said Kra.

CHICAGO & PITTSBURGH--(BUSINESS WIRE)--Today, Oscar Mayer announces the “Wienie 500” – a first-of-its-kind spectacle where the fleet of Wienermobiles will haul buns to the legendary Indianapolis Motor Speedway for a race unlike any other. Ahead of this year's Indianapolis 500, which draws more than 330,000 fans who consume nearly 30,000 hot dogs, Oscar Mayer's beloved Hotdoggers will make their racing debut on the very same track as the pros. The race will be streamed live on Friday, May 23 at.

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The interesting thing about this list is that the two buys, Apple (AAPL -0.07%) and Pool Corp. (POOL 2.38%), have markedly higher valuations than the sell, Kraft Heinz (KHC 0.87%). The rationale behind the investment case for the first two lies in their long-term growth prospects -- something not shared by Kraft Heinz.

KHC launches HEINZ Verified with Uber Eats to help diners find restaurants serving HEINZ Ketchup and boost visibility for local eateries.

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