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For the fiscal year 2017, Kraft Heinz reported earnings of US$ 11.0 billion, with annual revenue of US$ 26.2 billion, a decline of 0.6% over the previous fiscal cycle. Kraft Heinz's shares traded at over $61 per share, and its market capitalization was valued at over US$ 136 billion in September 2018. [52]
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In August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company. [22] [23] The snack-food company, called Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group.
In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies — a snack food company and a grocery company. [8]On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
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Over the past seven years, the pair built integrations with the largest payroll companies in the U.S. to provide a direct two-way connection between payroll and benefits automation as an ...
The company claims to have 150 number-one or number-two brands worldwide. [3] Heinz ranked first in ketchup in the US with a market share in excess of 50%; [4] [5] the Ore-Ida label held 46% of the frozen potato sector in 2003. [6]