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On February 11, 2021, Kraft Heinz announced its Q4 2020 and full-year results, resulting in 6.2 percent increased sales and over $26 billion in revenue. [44] The same day, Kraft Heinz announced their plans to sell its nuts business, including the Planters brand to Hormel for $3.35 billion. [45] The transaction was completed on June 7. [46]
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Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... a lot has been accomplished. Kraft Heinz's plan is now to slim down its portfolio and focus on ...
In August 2011, the company announced plans to split into a North American grocery products business and a faster-growing global snacks company. [8] The snack company, Mondelez International Inc. is recognized as the old Kraft Foods Inc.'s legal successor, while the grocery company was named Kraft Foods, [9] [10] now a part of Kraft Heinz. [11]
Kraft Heinz (NASDAQ: KHC) is the amalgam of two iconic names in the food space. It owns some of the best-known brands you'll find in grocery stores, but it has been struggling to execute.
Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... Kraft Heinz. Heinz’s ketchup sprinkles were sold at the Heertje Friet market in Amsterdam for ...