0 0 0.00251968503937014 0 0.00661417322834648 0.017007874015748 0.0201574803149606 0.011968503937008
Sign Up Today X
Thanks for submitting the form.
Stockreport

Kraft Heinz to restate 2016, 2017 financial reports after employee misconduct [Reuters]

The Kraft Heinz Company (KHC)  More Company Research Source: Reuters
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Kraft Heinz to restate 2016, 2017 financial reports after employee misconduct May 6 (Reuters) - Kraft Heinz Co will restate its financial statements for the years 2016 and 2017 to fix accounting errors that resulted from misconduct of several employees of the packaged food company’s procurement area, the company revealed in a filing on Monday. The misstatements mainly relates to incorrect timing of when certain costs and rebates were recognized initially, the company said. The company said it will not be able to timely file its quarterly report for the period ended March 30, 2019. “Misstatements were also not quantitatively material to any quarter,” Kraft said. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shailesh Kuber) Our Standards: The Thomson Reuters Trust Principles. [Read more]
IMPACT SNAPSHOT EVENT TIME: KHC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
KHC alerts
from News Quantified
KHC
NEWS
KHC
Earnings
KHC
Analyst Actions
KHC
SEC Filings
Stockreport

Kraft Heinz to restate 2016, 2017 financial reports after employee misconduct [Reuters]

The Kraft Heinz Company  (KHC) 
More Company Research Source: Reuters
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Kraft Heinz to restate 2016, 2017 financial reports after employee misconduct May 6 (Reuters) - Kraft Heinz Co will restate its financial statements for the years 2016 and 2017 to fix accounting errors that resulted from misconduct of several employees of the packaged food company’s procurement area, the company revealed in a filing on Monday. The misstatements mainly relates to incorrect timing of when certain costs and rebates were recognized initially, the company said. The company said it will not be able to timely file its quarterly report for the period ended March 30, 2019. “Misstatements were also not quantitatively material to any quarter,” Kraft said. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shailesh Kuber) Our Standards: The Thomson Reuters Trust Principles. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
KHC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS