- The Kraft Heinz Company stock price today and history
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The Kraft Heinz Company stock price, KHC
The Kraft Heinz Company stock chart:
The Kraft Heinz Company close price: 88.95
Stock price forecast:
UP TO +0.19%
Total forecasts: 90
Reached: 5 (5.56%)
Total Win: 1.25 (1.39%)
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The Kraft Heinz Company latest news:
Kraft Heinz to cut jobs, shutter factories under integration plan
(Reuters) - Kraft Heinz Co said on Thursday it would cut about 13 percent of its workforce, close factories and consolidate its distribution network as part of its efforts to merge Kraft Foods and H.J. Heinz.
BRIEF-Kraft Heinz Q1 adjusted earnings per share $0.84
* Q1 earnings per share view $0.86 -- Thomson Reuters
Kraft Heinz shares slip after hours on earnings miss
Kraft Heinz Co. shares declined in the extended session Wednesday after the food company's quarterly results fell short of Wall Street estimates. Kraft Heinz shares slipped 2.4% to $86.99 after hours. The company reported adjusted first-quarter earnings of 84 cents a share on revenue of $6.36 billion. Analysts surveyed by FactSet had forecast earnings of 86 cents a share on revenue of $6.46 billion. "Although our top line results in the first quarter reflect a slow start to the year, we remain on track with our key initiatives," said Bernardo Hees, Kraft Heinz chief executive, in a statement. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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