While the inflation figures tell a story of economic ebbs and flows, the real intrigue lies in how some savvy investments have not just survived but thrived in this landscape. Stay tuned to see how easy it is.Historical inflation figuresThe US inflation rate is cooling down after a two-year spike of historic proportions. The 9.1% inflation rate in July 2022 was the highest reading since the 14.8% peak of "the great inflation" in 1980.Now back down to 3.1%, the American inflation metric stands within strikin ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--For more than a century, VELVEETA has made its mark on fans’ lips thanks to the iconic drip that satisfies cravings with its rich, cheesy goodness. VELVEETA today invites fans to own the drip like never before by wearing it proudly. Introducing: the 14 Karat Gold VELVEETA Drip Lip Cuff, crafted in partnership with cult-favorite celebrity designer, George The Jeweler. “No one knows the ‘drip’ like VELVEETA – from the physical drip of our supremely creamy cheese to th ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Hot Dog! Today, Oscar Mayer® announced the opening of Hotdogger applications, inviting fans to apply for a one-year, full-time, paid gig behind the wheel of the iconic Wienermobile. Open through January 31, the relished position offers fans the opportunity to become official spokespeople of the brand while living out its mission: sparking smiles. Chosen applicants will represent the 37th class of Hotdoggers, joining a rich history of spreading joy and wiener whistle ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Taco Bell® fans have long taken to social media to recreate their favorite menu items at home, but their creations never taste quite the same without the brand’s unique ingredients. Today, Taco Bell at Home introduces the first-ever Crunchwrap Supreme and Chipotle Chicken Quesadilla “Cravings Kits,” featuring proprietary Taco Bell restaurant ingredients, seasonings and sauces essential to making these fan-favorites at home. The Craving Kits are the latest offerings fro ...

The Kraft Heinz Company (NASDAQ:KHC) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET Company Participants Anne-Marie Megela - Investor Relations Miguel Patricio - Chief Executive Officer Andre Maciel - Global Chief Financial Officer Carlos Abrams-Rivera - President, North America Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America John Baumgartner - Mizuho Securities Stephen Powers - Deutsche Bank Ken Goldman - JPMorgan Michael Lavery - Piper Sandler Jason English ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37482 The Kraft Heinz Company (Exact name of registrant as specified in its charter) Delaware 46-2078 ...

Summary of Kraft Heinz Company Conference Call Company Overview - **Company**: The Kraft Heinz Company (NASDAQ: KHC) - **Date**: September 6, 2023 - **Participants**: - Miguel Patricio - CEO - Carlos Abrams-Rivera - President and CEO-elect - Andre Maciel - CFO Key Points Leadership Transition - Miguel Patricio will transition to Non-Executive Chair, with Carlos Abrams-Rivera becoming CEO in 2024, indicating a strategic move for the business as Carlos is deemed ready for the role [2][3][4] Strategic Vision - Carlos Abrams-Rivera supports the existing strategy focused on three growth pillars: U.S. growth platforms, emerging markets, and Foodservice [6][8] - The company has renovated over 90% of its portfolio in the last three years, emphasizing brand innovation and efficiency [8] Financial Performance and Growth Projections - Long-term topline growth is projected at 2% to 3% organic net sales growth, with specific growth rates of 1% to 2% in U.S. retail, 7% in Foodservice, and 13% in emerging markets [10] - U.S. retail growth platforms account for about two-thirds of the business, with notable growth in categories like Taste Elevation (8%) and Easy Meals (6%) in Q2 [11] Pricing and Promotions - The company has improved its promotional strategy, achieving a 10-point better promotional level compared to 2019, with a 15-point improvement in ROI on promotions [20][21] - KHC plans to maintain lower promotional levels compared to 2019, focusing on long-term margin protection [22][23] Market Share and Competitive Position - KHC is seeing sequential improvements in market share, particularly in the Taste Elevation and Easy Meals segments, with a focus on maintaining discipline in pricing and promotions [34][35] Foodservice Strategy - Foodservice is critical for KHC, accounting for 50% of its business, and is seen as a channel for brand exposure and consumer education [39][40] - The company is leveraging partnerships in Foodservice to drive innovation and expand its retail presence [42][43] Emerging Markets - Emerging markets are a strategic focus, with a disciplined approach to growth, particularly in Latin America, where the Heinz brand has high recognition [46][48] - Partnerships, such as with Anheuser-Busch, are being utilized to expand brand presence in new markets [47] Innovation and Product Development - KHC is focusing on innovation, including new product launches like Kraft Mac & Cheese in the frozen aisle and the introduction of Heinz Remix sauces [51][53] - The company is also exploring M&A opportunities, particularly in foodservice, to adapt to changing consumer needs [54][55] Conclusion - The Kraft Heinz Company is positioned for growth through strategic leadership changes, a focus on innovation, disciplined pricing, and expansion in both Foodservice and emerging markets, while maintaining a commitment to brand integrity and consumer engagement.

Company Participants Andre Maciel - Executive Vice President, Global Chief Financial Officer Anne-Marie Megela - Head of Global Investor Relations Andrew Lazar - Barclays John Baumgartner - Mizuho Cody Ross - UBS Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Anne-Marie Megela, Head of Global Investor Relations. Please see the cautionary statement and risk factors contained in todayÂ's earnings release, which accompanies this ...

The Kraft Heinz Company (NASDAQ:KHC) Evercore ISI 3rd Annual Consumer and Retail Conference June 15, 2023 1:15 PM ET Company Participants Andre Maciel - EVP & Global CFO Anne-Marie Megela - VP, Head of Global Investor Relations Conference Call Participants David Palmer - Evercore ISI David Palmer Good afternoon, everybody, on day 3 of the Evercore ISI Consumer Conference. I'm excited -- this is our final fireside chat, and I'm excited to have Kraft Heinz with us, Andre Maciel, Executive VP and Global Chief ...

Kraft Heinz Co (NASDAQ:KHC) Annual Deutsche Bank Global Consumer Conference Call June 7, 2023 8:45 AM ET Company Participants Andre Maciel - EVP & Global CFO Rafael de Oliveira - EVP & Zone President, International Markets Carlos Abrams-Rivera - EVP & President, North America Conference Call Participants Steve Powers - Deutsche Bank Steve Powers All right, everybody. Welcome back. Thank you. And thanks, especially Kraft Heinz, for returning to the conference. We've got a full stage here today. So I want to ...