Kraft Heinz

Pringles Maker Kellanova's Snack Demand Powers Results After Spinoff

Packaged food maker Kellanova, formerly Kellogg, beat third-quarter sales and profit estimates as consumers snapped up its Cheez-It cra...

Mondelēz Treats Investors With Third Annual Forecast Hike On Firm Demand

Mondelēz International hiked its annual sales and profit growth forecasts for the third time this year, betting on consumers to continue snacking on the Or...

Kraft Heinz Lifts Annual Profit Target As Price Hikes Boost Margin

Food giant Kraft Heinz beat Wall Street estimates for third-quarter profit and raised its annual forecast as the Jell-O maker's margins benefited from high...

Activist Investors Eye Food, Consumer Goods Firms

In the first seven months of the year, the consumer goods industry was the most targeted by activist investors, data shared exclusively with Reuters by con...

US Food Companies Go Deal Hunting As Pandemic Growth Fades

US packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of pri...

Hain Celestial Appoints Lee Boyce As Finance Chief

Organic and natural products company Hain Celestial has appointed Lee Boyce as its new chief financial officer, effective 5 September.

Kraft Heinz Names Carlos Abrams-Rivera As New CEO

The Kraft Heinz Company has announced the appointment of Carlos Abrams-Rivera as its new chief executive officer, effective 1 January 2024.

Kraft Heinz Misses Quarterly Sales Estimates As Higher Prices Dent Volumes

Kraft Heinz missed quarterly sales and profit estimates as inflation-hit customers bought fewer packaged meals and condiments, discouraged by higher produc...