Kraft Heinz Co/The

Kraft Heinz beat Q1 sales estimates, sending shares up 3.6%. CEO Steve Cahillane's $600M turnaround plan gets an early boost as brand investment ramps up.

Berkshire Hathaway's Kraft Heinz stake was $1.4 billion below carrying value at March 31. KHC reports Q1 earnings May 6 with analysts expecting EPS of $0.50 on $5.89B revenue.

Vanguard Capital Management disclosed a 5.34% passive stake in Kraft Heinz (KHC), owning 63.3 million shares, ahead of the company's first-quarter earnings report on May 6.

BofA Securities flagged Kraft Heinz for potential dividend cuts, while Morgan Stanley cut its price target to $22. Shares have dropped over 40% in three years.

Conagra Brands' stock fell to $14.17, near a 52-week low, as BofA warns its dividend is at risk. The company faces inflation, tariffs, and a leadership change.

Mondelez International has appointed Hisham Ezz El-Arab, a former Danone executive, to lead its Sub-Saharan Africa operations. The move comes as the snack giant's Oreo brand surpasses $4 billion in global annual revenue while the company faces volume declines.

Kraft Heinz stock closed higher Friday, overcoming analyst downgrades and a negative credit outlook after the company paused its breakup strategy and increased its capital expenditure forecast for 2026.

Mondelez International shares advanced 1.3% as cocoa prices hit a two-year low near $3,978 per ton. Investors await upcoming CPI data and the company's CAGNY presentation for further direction.

Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.