Inflationary pressures and high shipping costs have hit food companies across the globe and Kraft Heinz is no exception to this rule. The company produced a decent result where its organic net sales fell 2.1% on account of tough comps as well as the adverse impact of exiting the McCafé licensing agreement and divesting the nuts business. Kraft Heinz was lucky in the sense that currency rates favored the company in the recent quarter by a positive 2.3 percentage points. However, this might not be ....
10 Aug 2021
Kraft Heinz Co - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Kraft Heinz Co - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
10 Aug 2021 -
Author:
Ishan Majumdar -
Pages:
14
Inflationary pressures and high shipping costs have hit food companies across the globe and Kraft Heinz is no exception to this rule. The company produced a decent result where its organic net sales fell 2.1% on account of tough comps as well as the adverse impact of exiting the McCafé licensing agreement and divesting the nuts business. Kraft Heinz was lucky in the sense that currency rates favored the company in the recent quarter by a positive 2.3 percentage points. However, this might not be ....