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Q1 Earnings Roundup: Kraft Heinz (NASDAQ:KHC) And The Rest Of The Shelf-Stable Food Segment [Yahoo! Finance]
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Last the kraft heinz company earnings: 4/30 07:05 am
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US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Let's take a look at how Kraft Heinz (NASDAQ:KHC) and the rest of the shelf-stable food stocks fared in Q1. As America industrialized and moved away from an agricultural economy, people faced more demands on their time. Packaged foods emerged as a solution offering convenience to the evolving American family, whether it be canned goods or snacks. Today, Americans seek brands that are high in quality, reliable, and reasonably priced. Furthermore, there's a growing emphasis on health-conscious and sustainable food options. Packaged food stocks are considered resilient investments. People always need to eat, so these companies can enjoy consistent demand as long as they stay on top of changing consumer preferences. The industry spans from multinational corporations to smaller specialized firms and is subject to food safety and labeling regulations. The 21 shelf-stable food stocks we track reported a decent Q1; on average, revenues beat analyst consensus estimates by 0.5%. while next
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NEWS
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- General Mills bets the power of flavor will save it from soggy demand—‘mac and cheese will be cheesier' and ‘brownies will be fudgier' [Yahoo! Finance][Yahoo! Finance]
- General Mills bets the power of flavor will save it from soggy demand—'mac and cheese will be cheesier' and ‘brownies will be fudgier' [Fortune][Fortune]
- The Kraft Heinz Company (NASDAQ: KHC) had its price target lowered by analysts at Wells Fargo & Company from $37.00 to $34.00. They now have an "equal weight" rating on the stock.[MarketBeat]
- Food manufacturers harness AI in quest for supply-chain efficiency [Yahoo! Finance][Yahoo! Finance]
- Kraft Heinz (KHC) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance][Yahoo! Finance]
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SEC Filings
SEC Filings
- 6/18/24 - Form 11-K
- 6/18/24 - Form 11-K
- 6/4/24 - Form 4
- KHC's page on the SEC website
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