|Bid||34.07 x 900|
|Ask||34.08 x 1000|
|Day's range||33.74 - 34.70|
|52-week range||31.60 - 44.95|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||18.20|
|Earnings date||09 Feb 2022 - 14 Feb 2022|
|Forward dividend & yield||1.60 (4.59%)|
|Ex-dividend date||24 Nov 2021|
|1y target est||40.69|
Kraft Heinz (KHC) sells certain assets in the global cheese business along with the license of specific trademarks to an affiliate of Groupe Lactalis.
PITTSBURGH & CHICAGO, November 29, 2021--The Kraft Heinz Company (Nasdaq: KHC) ("Kraft Heinz" or the "Company") announced today that it has completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of Groupe Lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion. The transaction involves the divestiture of Kraft Heinz’s natural, grated, cultured, and specialty cheese
A recent Bank of America note detailed which companies have the most exposure to the top holiday dishes amid supply chain bottlenecks, inflation, lingering COVID concerns, low inventories, and evolving consumer behaviors.