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Kraft Heinz suffers $9.3 billion non-cash impairment charge
PITTSBURGH — Citing a sustained decline in its stock price, the Kraft Heinz Co. took a $9.3 billion non-cash impairment charge during the second quarter of fiscal 2025. The financial maneuver came as the company continues to struggle to return to growth in North America, its largest market.
Kraft Heinz Co.’s stock rose Wednesday despite a massive charge booked by the packaged-food giant for the losses in its stock ...
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The Kraft Heinz Co (KHC) reports strong emerging market performance and strategic investments, despite facing impairment ...
Kraft Heinz CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...
Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and ...
Carlos Abrams-Rivera said during the company’s Q2 earnings call that the board was evaluating “those strategic options” to ...
Kraft Heinz beat Q2 earnings and sales estimates but maintained a cautious full-year outlook with declining organic net sales ...
With Kraft Heinz Co. reportedly considering a breakup of its business, some analysts believe more of its food-industry peers should do the same.
Post-separation, RemainCo will retain Kraft Heinz’s faster-growing and more consumer-aligned brands, focusing on ...
Q2 2025 Management View CEO Carlos A. Abrams-Rivera opened the call by stating, "I'm pleased to report that our second ...
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