Kraft Heinz said on Tuesday that ketchup and lunch producers are evaluating “potential strategic transactions.”
CPG large companies Timetable for decisions or Whether the review will be a trading.
Carlos Abrams-Rivera Carlos Abrams-Rivera said, “Our goal in Kraft Heinz has always made high-quality delicious food and puts consumers on the forefront of everything we do. Said in the statement. “In line with this goal, for the last few months we have evaluated its potential strategic transactions for its shareholder value.”
Last year, food manufacturers, which reported $ 26 billion in net sales, are actively innovating portfolios by 2027 to generate $ 2 billion in net sales. I brought several major brands into close -up and trendy categories. Philadelphia Cream Cheese Fruits Crystal Light To the alcohol area with a hard cell line.
But Craft Heinz saw 6 consecutive quarter total sales decrease. The owners of KOOL-AID and OSCAR Mayer say that organic sales will remove currency changes and other items in April. It is expected to decrease 3.5% from 1.5% during fiscal year 2025.. It is expected to be sold before 2.5% drop From the previous 12 months.
Kraft Heinz, like other packaging food companies, has seen cash consumers from inflation reduce their spending. At the same time, product demand has been experienced by prioritizing offerings that shoppers are considered to be healthier or prioritizing products that are considered healthier due to the use of GLP-1 weight loss drugs.
Kraft Heinz announced on Tuesday that Warren Buffett’s Berkshire Hathaway will no longer be in the board of directors. Food manufacturers said Timothy Kenesey and Alicia Knapp were retreated due to their relationship with famous holding companies.
Kraft Heinz said that the decision to leave the board of directors said, “It is not the result of disagreement with executives or the board of directors related to the company’s operation, policies or practices.
