Kraft Heinz
Kraft Heinz is a US packaged-food company that makes and sells Heinz, Kraft, Oscar Mayer, Philadelphia and Lunchables across condiments, meals, cheese, meats and drinks, mostly through grocery retailers.
One customer buys a fifth of everything.
Walmart alone accounts for about a fifth of sales, so one retailer's terms shape the whole business.
How big is Kraft Heinz?
North America is three quarters of sales.
- North America75%$18.6B
- International Developed Markets14%$3.5B
- Emerging Markets11%$2.8B
Pantry-staple brands, sold through grocers.
- 1Pantry-staple brands
- 2Mostly owned factories
- 3Grocery chains and Walmart
Dairy, meat and tomato prices swing, so pricing and hedging decide how much profit each product keeps.
- Berkshire Hathaway27.45%
- The Vanguard Group8.6%
- BlackRock5.87%
CEO: Steve Cahillane
- 1869Henry J. Heinz sells his first product, grated horseradish
- 1876Heinz Tomato Ketchup reaches US shelves
- 2013Berkshire Hathaway and 3G Capital acquire H. J. Heinz Company
- 2015Kraft Foods Group merges with Heinz to form The Kraft Heinz Company
- 2018Records $15.5B of goodwill and brand impairments
Every number on this page comes from Kraft Heinz's own reports.
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