KHC Stock Recent News

Kraft Heinz Co. KHC is reportedly exploring a significant corporate restructuring, potentially splitting into two distinct entities: a grocery division and a “Taste Elevation” segment focused on sauces and spreads.

Kraft Heinz is studying a potential spin off of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as $20 billion on its own, a source familiar with the matter said on Friday.

Kraft Heinz is exploring a spinoff of its grocery business.

Kraft Heinz (KHC) closed the most recent trading day at $27.14, moving +2.53% from the previous trading session.

The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.

Kraft Heinz's stock jumps after a WSJ report that the packaged food giant is planning a breakup, 10 years after the Kraft-Heinz megamerger.

Kraft Heinz is planning a break-up, according to a report, a move that could undo a massive merger just a decade old.

Kraft Heinz is preparing to break itself up in what could be its most significant restructuring since the company's formation in 2015, The Wall Street Journal reported on Friday.

Packaged food maker Kraft Heinz is preparing to break itself up, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Kraft Heinz shares have underperformed since its megamerger a decade ago and changing consumer tastes have hampered results.