The Kraft Heinz Company is one of the world’s largest food and beverage companies, formed through the 2015 merger of Kraft Foods and H.J. Heinz Company. The company owns an extensive portfolio of iconic brands including Kraft, Heinz, Oscar Mayer, Philadelphia cream cheese, Velveeta, Jell-O, Planters, and many others that are staples in households across North America and globally.
Headquartered in Chicago and Pittsburgh, Kraft Heinz operates as a multinational food conglomerate producing and marketing packaged food products ranging from condiments and sauces to cheese, meals, meats, and beverages. The company distributes its products through retail channels, foodservice, and industrial customers in numerous countries worldwide.
Trading under the ticker symbol KHC, Kraft Heinz has faced challenges in recent years as consumer preferences shift toward healthier, fresher foods and away from processed products. The company has been working to modernize its portfolio, reduce costs, and innovate within its traditional categories while also acquiring or developing brands that appeal to evolving consumer tastes. Despite its struggles with growth, KHC remains a significant player in the global packaged food industry with its collection of billion-dollar brands.
I was trading KHC when I started journaling about learning to trade stock options.