Altria ( MO -0.08%) and Kraft Heinz ( KHC -0.31%) are blue chip consumer staples giants that for a time were parts of the same company. Altria, the domestic tobacco giant formerly known as Philip ...
But Hees' successor, Miguel Patricio, divested Kraft Heinz's weaker brands, acquired faster-growing brands, refreshed its classic brands with new products and ad campaigns, and streamlined expenses.
Altria (NYSE: MO) and Kraft Heinz (NASDAQ: KHC ... For 2025, Altria expects its adjusted EPS to grow by 2% to 5% to a range of $5.22 to $5.37. That should allow it to easily cover its annual ...
The glaring issue with Kraft Heinz these days is that the business simply isn't growing. The company's products ... investors may be better off taking a wait-and-see approach with Kraft Heinz.
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats PepsiCo and Nestle and the fifth-largest player in the world.