KHC

Kraft Heinz Company (The)
D

KHC

31.040
USD
0.17
(0.55%)
Market Open
Volume
229,163
EPS
3
Div Yield
4.52
P/E
20
Market Cap
37,541,899,752
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News

Title: Kraft Heinz Company (The)

Sector: Consumer Defensive
Industry: Packaged Foods
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.