Kraft Heinz's struggles since the 2015 merger, including brand write-downs and declining sales, have eroded shareholder value ...

Kraft Heinz’s presence in plant-based foods is heating up. The CPG giant and food tech company NotCo are launching a spicy ...

Kraft Heinz is preparing to break itself up, a decade after an infamous merger of two of the biggest names in packaged foods ...

The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.

Kraft Heinz weighs grocery spin-off valued at up to $20 billion, aiming to refocus on growth categories like condiments amid ...

Kraft Heinz Co (KHC.O) said on Thursday that it plans to sell its nuts business - including most Planters and Corn Nuts products - to Hormel Foods Corp (HRL.N) for $3.35 billion, sending shares up 6%.

Kraft Heinz Co. KHC -0.27% is nearing a deal to sell its Planters snack business to Skippy peanut butter owner Hormel Foods Corp. HRL 3.90% , according to people familiar with the matter.

Feb. 11 (UPI) --Kraft Heinz announced Thursday it is selling its Planters nuts business to Hormel Foods Corp. for $3.35 billion in cash. The company said the deal includes most products under the ...

On an adjusted basis, Kraft Heinz earnings rose to $0.80 per share from $0.72 cents per share a year earlier, beating analyst estimates of $0.74. For the year, Kraft Heinz reported $26.2 billion ...

Planters had net sales of about $1 billion in 2020, Hormel said, noting that it plans to grow the brand. Kraft Heinz CEO Miguel Patricio said on a conference call that the decision to sell was ...

Kraft Heinz Co.KHC0.41%increase; green up pointing triangle is nearing a deal to sell its Planters snack business to Skippy peanut butter owner Hormel Foods Corp.,HRL-0.16%decrease; red down ...

Kraft Heinz Co. said Thursday it has reached an agreement to sell its Planters nuts business to Hormel Foods Corp. in a cash deal valued at $3.35 billion. The news was first reported by the Wall ...