Kraft Heinz increases prices but experiences negative organic growth of -1.1%

Kraft Heinz issued a press release on its third quarter results before the market opened. Organic growth was -1.6% in the US and -1.1% for the whole business. Revenue and income by geographic and product segment Revenue growth was impacted negatively by negative organic growth, currency headwinds and divestitures. The natural cheese business being sold …

Kraft Heinz files 10Qs for Q1 and Q2

Kraft Heinz issued a press release on its Q2 earnings on August 8th and has with delay filed its 10Qs for Q1 and Q2 on August 14th. This article will cover a) the goodwill and asset impairment losses, b) the compression of profit margins, c) the debt and bond grade situation, d) the dividend and …