Kraft Heinz Reduces Production at 3 Factories, But Increases Output of Macaroni and Cheese [The Motley Fool]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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Source: The Motley Fool
Eric Volkman(TMFVolkman)Author BioEric has been writing about stocks and finance since the mid-990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.In these days of lockdown due to the fast-spreadingSARS-CoV- coronavirusKraft HeinzNASDAQ:KHCThe food giant's CEO Miguel Patricio said in a presentation Friday that his company was halting production in three of its factories manufacturing restaurant supplies. Kraft Heinz later amended his remarks to say that production has been "significantly reduced," not stopped entirely.Image source: Kraft Heinz.The reduction comes amid notably weakened demand for such products due to closures and "stay at home" mandates. At the same time, though, with demand rising for packaged food goods such as the company's popular brand of macaroni and cheese, Kraft
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KHC
Earnings
- 10/30/24 - Beat
KHC
Sec Filings
- 11/26/24 - Form 3
- 11/22/24 - Form 3
- 11/15/24 - Form 8-K
- KHC's page on the SEC website