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Here's Why Kraft Heinz (KHC) is a Strong Value Stock
Zacks Investment Research· 2024-05-10 22:47
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
How Much Will Kraft Heinz Pay Out in Dividends This Year?
The Motley Fool· 2024-05-07 02:46
The company is a relatively generous dividend payer, although it isn't very exciting as an investment.Kraft Heinz (KHC -1.75%) might be a purveyor of some of the most familiar food and condiment brands in the American pantry, but it hasn't been a very flavorful stock lately. Its shares have generally underperformed the broader stock market for years, due to lackluster results and a not-very compelling business profile.There is one group of market participants that continues to find Kraft Heinz tasty, though ...
Kraft Heinz (KHC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-06 22:36
For the quarter ended March 2024, Kraft Heinz (KHC) reported revenue of $6.41 billion, down 1.2% over the same period last year. EPS came in at $0.69, compared to $0.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.42 billion, representing a surprise of -0.13%. The company delivered an EPS surprise of +1.47%, with the consensus EPS estimate being $0.68.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Kraft Heinz(KHC) - 2024 Q1 - Earnings Call Presentation
2024-05-03 08:18
Successfully Executing our Strategic Agenda to Deliver Consistent Profitable Growth 6 3 Gaining or recovering across all segments +0.1% N.A. Retail ACCELERATE Platforms • Expecting low single-digit growth for FY24 • Expecting low to mid-single-digit growth for FY24 1| Non-GAAP financial measure. See the accompanying Non-GAAP Information and Reconciliations at ir.kraftheinzcompany.com/events-and-webcasts. 2| Global Away from Home Organic Net Sales based on internal sales data, which holds the impact of curre ...
Kraft Heinz(KHC) - 2024 Q1 - Earnings Call Transcript
2024-05-03 08:15
财务数据和关键指标变化 - 公司预计2024年全年通胀率将保持在低单位数水平,与之前预期一致 [26][27] - 毛利率指引有所提升,但销售费用有所增加,主要是为了加大营销投入以提升品牌力 [27][28] 各条业务线数据和关键指标变化 - 加速平台(ACCELERATE)业务保持平稳,部分核心品类如Mac & Cheese和调味品实现了份额增长 [17][18] - 保护平台(PROTECT)业务受SNAP福利下降影响,份额有所下滑,但公司正在进行品牌翻新以提升消费者偏好 [17] - 平衡平台(BALANCE)业务整体下滑4%,但毛利润增长5%,公司在维持核心投入的同时注重利润管理 [59][60] 各个市场数据和关键指标变化 - 新兴市场如巴西在第一季度受到出货时间安排影响,但预计在第二季度及下半年将恢复中长期增长轨道 [55] - 美国零售市场近5周内公司的体积份额和美元份额均有所改善,优于年初至今的表现 [16] - 美国餐饮业务受到一些客户退出和餐饮交通下降的影响,但公司正在拓展更高毛利的渠道如酒店和旅游业 [33][34][35] 公司战略和发展方向及行业竞争 - 公司持续推进创新,在2023年实现了20亿美元的新增销售,并被评为全球50大最具创新力企业之一 [10] - 公司正在通过提供更多价值选择、植物基新品等方式满足不同收入水平消费者的需求 [9][10] - 公司正在加强与主要零售商的合作伙伴关系,利用自身品类组合优势提供差异化的促销方案 [42][43] 管理层对经营环境和未来前景的评论 - 尽管消费者情绪有所改善,但低收入群体仍受高利率、油价和储蓄下降的影响,表现谨慎 [8] - 公司相信自身拥有创新能力、品牌翻新实力和最佳团队,能够满足不同收入水平消费者的需求 [10][11] - 公司对未来保持乐观,预计新兴市场和美国零售业务将逐步恢复增长,餐饮业务也将逐步改善 [55][56][57] 问答环节重要的提问和回答 问题1 **Andrew Lazar 提问** 询问加速平台(ACCELERATE)的份额表现以及餐饮业务的情况 [15] **Carlos Abrams-Rivera 回答** - 加速平台业务保持平稳,部分核心品类如Mac & Cheese和调味品实现了份额增长 [16][17][18] - 餐饮业务受到一些客户退出和餐饮交通下降的影响,但公司正在拓展更高毛利的渠道如酒店和旅游业 [33][34][35] 问题2 **Ken Goldman 提问** 询问成本通胀情况以及在咖啡等原材料价格上涨时的定价策略 [24] **Carlos Abrams-Rivera 和 Andre Maciel 回答** - 公司预计全年通胀率将保持在低单位数水平,主要集中在第二、三季度 [26][27] - 公司会根据大宗商品价格变化进行有针对性的定价调整,以平衡消费者承受能力 [26][27] 问题3 **John Baumgartner 提问** 询问私有品牌在一些品类的份额增长情况,以及公司在与零售商的合作中的优势 [41][42] **Carlos Abrams-Rivera 回答** - 公司凭借品牌实力和持续的产品翻新,在应对私有品牌竞争方面保持优势 [42][43] - 公司与主要零售商的深度合作,能够提供差异化的促销方案,在执行和创新方面具有优势 [42][43]
Kraft Heinz: Serving Up A Tasty Dip for Investors to Snack On
MarketBeat· 2024-05-02 19:26
Key PointsKraft Heinz plunges on tepid results; results weren't better than expected, but they aren't bad. The deep-value, high-yield opportunity is still available for income investors. Analysts continue to rate the stock at Hold and see it advancing at least 10%. 5 stocks we like better than Kraft HeinzAs tepid as Kraft Heinz's NASDAQ: KHC Q1 results and guidance for Q2 are, they aren’t bad. The results and guidance align with the company’s forecast for Q1 and the analysts' forecasts for Q1 and Q2, which ...
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
PYMNTS· 2024-05-02 05:09
Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz.The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in sales, driven by lower-income consumers spending less at both the supermarket and on meals away from home. The company said it raised its prices 2.7% year over -year to offset the cost of goods such as coffee.“The gap between high and low earners continues to remain wide, and it shows a clear and continued bifurcation,” CEO Carl ...
Kraft Heinz Stock Drops As Higher Prices Eat Into Demand
Investopedia· 2024-05-02 00:15
Key TakeawaysKraft Heinz shares dropped after the company reported first-quarter results that missed analysts' estimates. The food and beverage giant said its sales and volume/mix dropped as higher prices dragged down demand.Kraft Heinz said the slide in its volume/mix was also hurt by the reduction of Supplemental Nutrition Assistance Program (SNAP) benefits in the U.S. Higher prices weighed on demand for Kraft Heinz (KHC) products, and shares dropped over 6% in early trading Wednesday after the food and ...
Kraft Heinz (KHC) Q1 Earnings Top Estimates Despite Lower Sales
Zacks Investment Research· 2024-05-01 23:51
The Kraft Heinz Company (KHC) posted first-quarter 2024 results, wherein the bottom line increased year over year and beat the Zacks Consensus Estimate despite the top line declining from the year-ago period.The first-quarter show came in tandem with management’s expectations, including growth in each of the company’s three strategic pillars — Global Away From Home, Emerging Markets and North America Retail ACCELERATE Platforms. Additionally, KHC witnessed continued sequential volume improvement and operati ...
Kraft Heinz (KHC) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-05-01 21:15
Kraft Heinz (KHC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.47%. A quarter ago, it was expected that this the processed food company with dual headquarters in Pittsburgh and Chicago would post earnings of $0.77 per share when it actually produced earnings of $0.78, delivering ...