Kraft Heinz: Key points for investors

-Formation and Size: Kraft Heinz $KHC-0.8% was formed by the merger of Kraft Foods and Heinz in 2015. It is one of the largest packaged food manufacturers in the world.

- Known Brands: In addition to $KHC-0.8%, it also owns the Oscar Mayer, Velveeta, Jell-O, Philadelphia and Kool-Aid brands.

- Initial problems: Faced challenges after the merger due to customers switching to healthier products and private labels. Excessive focus on cost cutting slowed growth.

- New leadership: Miguel Patrício joined as CEO in 2019 and implemented a strategy focused on marketing, strengthening strong brands, selling weaker brands and optimizing spending.

- 2023 Financials: Organic sales up 3%, adjusted earnings per share up 7%.

- 2024 Outlook: Organic sales expected to grow 0-2% and adjusted earnings per share expected to grow 1-3%.

- Shareholder Value: Shares trade at approximately 12 times this year's earnings with an attractive forward yield of 4.4%.

-StableInvestment: Kraft Heinz $KHC-0.8% is a reliable blue-chip stock trading at a discount to its competitors.

Would you consider investing in this company?

KHC
$32.67 -$0.25 -0.76%
Fair Price: $23.64
Jdujzz: 62.07%
Undervalued
Overvalued
Dostupné pouze členům Bulios Black

The company is great for me, but it also doesn't attract me and it's not for me.

It's a very defensive action. With a higher dividend, one can make a little money on it, but it's not for me.

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