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Kraft Foods Inc. (/ ˈ k r æ f t /) 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]
On December 1, 2023, a federal jury in Illinois awarded $17.8 million to several large food companies, including Kraft Heinz, in a lawsuit against Cal-Maine Foods, Inc. and others over allegations of egg price fixing. Cal-Maine Foods, contesting the verdict, insists on its innocence and the absence of wrongdoing in its business practices. [66]
Mondelez International, Inc. ( / ˌmɒndəˈliːz / MON-də-LEEZ ), [ 3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [ 4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [ 5]
For the three-month stretch ending in late June, food company Kraft Heinz turned a little less than $6.5 billion in revenue into adjusted operating income of just under $1.4 billion (or $0.78 per ...
That said, Kraft Heinz has a 4.4% dividend yield, which is notably above the 2.8% or so average for the consumer staples space. More aggressive investors might decide that the risk/reward balance ...
Kraft, whose brands include Philadelphia Cream Cheese and Heinz ketchup, said it raised prices by 3.8 percentage points in the fourth quarter when demand for its products was also robust.
Chicago, Illinois. , U.S. Parent. Kraft Heinz. Website. oscarmayer.com. Oscar Mayer is an American meat and cold cut producer known for its hot dogs, bologna, bacon, ham, and Lunchables products. The company is a subsidiary of the Kraft Heinz Company and based in Chicago, Illinois .
KHC Dividend Yield data by YCharts. The other metric that stands out is the company's price-to-earnings (P/E) ratio, trading at approximately 11.5 times the 2024 consensus EPS of $3.03.
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