Kraft Heinz

Kraft Heinz Revamps Executive Leadership Team

The Kraft Heinz Company has named five new executive leadership team members, who are to collaborate with incoming chief executive Carlos Abrams-Rivera in...

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...