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Kraft Foods Inc. (/ ˈkræft /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5] Forty of its brands were at least a century old. [6] The ...
Image source: Getty Images. Maxing out your 401 (k) is great, but not necessary Maxing out your 401 (k) is a great retirement savings move if you have the spare cash and don't plan to spend it on ...
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The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (/ ˈkræft ˈhaɪnz /), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh. [4][5] Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of ...
Kraft Heinz is changing its business, but there's still a big portion that's not desirable in the mix. Management is winning where it can.
At the end of the day, Kraft Heinz probably won't be the best option for risk-averse investors even though it offers a relatively attractive dividend yield in the consumer staples space.
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