Company profile

Ticker
KHC
Exchange
CEO
Miguel Patricio
Employees
Incorporated in
Location
Fiscal year end
Former names
H.J. Heinz Holding Corp
SEC CIK
IRS number
462078182

KHC stock data

(
)

Calendar

1 May 20
4 Jul 20
26 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 6.16B 6.54B 6.08B 6.41B
Net income 381M 183M 898M 448M
Diluted EPS 0.31 0.15 0.74 0.37
Net profit margin 6.19% 2.80% 14.78% 6.99%
Operating income 770M 594M 1.18B 734M
Net change in cash 3.12B -36M 863M 356M
Cash on hand 5.4B 2.28B 2.32B 1.45B
Cost of revenue 4.3B 4.43B 4.13B 4.32B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 24.98B 26.27B 26.23B 26.49B
Net income 1.93B -10.25B 10.93B 3.61B
Diluted EPS 1.58 -8.36 8.91 2.78
Net profit margin 7.74% -39.04% 41.67% 13.61%
Operating income 3.07B -10.21B 6.06B 5.6B
Net change in cash 1.15B -499M -2.58B 1.91B
Cash on hand 2.28B 1.13B 1.63B 4.2B
Cost of revenue 16.83B 17.35B 17.04B 17.15B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jun 20 Rafael Oliveira Common Stock Grant Aquire A No 0 30,341 0 390,223
1 Jun 20 Rafael Oliveira Common Stock Grant Aquire A No 0 32,874 0 359,882
1 Jun 20 Barton Nina Common Stock Grant Aquire A No 0 19,724 0 198,293
1 Jun 20 Torres Flavio Common Stock Grant Aquire A No 0 18,081 0 116,701
1 Jun 20 Torres Flavio Common Stock Grant Aquire A No 0 98,620 0 98,620
1 Jun 20 Vince Garlati Common Stock Grant Aquire A No 0 5,753 0 85,240
1 Jun 20 Vince Garlati Common Stock Grant Aquire A No 0 14,793 0 79,487
1 Jun 20 Carlos Abrams-Rivera Common Stock Grant Aquire A No 0 32,874 0 224,666
1 Jun 20 Carlos Abrams-Rivera Stock Options Common Stock Grant Aquire A No 30.42 82,183 2.5M 82,183
57.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 828 908 -8.8%
Opened positions 98 164 -40.2%
Closed positions 178 99 +79.8%
Increased positions 287 272 +5.5%
Reduced positions 317 344 -7.8%
13F shares
Current Prev Q Change
Total value 117.1B 157.11B -25.5%
Total shares 705.25M 703.24M +0.3%
Total puts 19.83M 14.99M +32.3%
Total calls 11.43M 10.84M +5.5%
Total put/call ratio 1.7 1.4 +25.4%
Largest owners
Shares Value Change
BRK.A Berkshire Hathaway 325.63M $8.06B 0.0%
Vanguard 58.05M $1.44B +3.4%
BLK BlackRock 40.64M $1.01B +0.3%
STT State Street 30.56M $755.98M +1.2%
BEN Franklin Resources 21.53M $532.6M +8.3%
Geode Capital Management 9.91M $244.71M +0.1%
IVZ Invesco 9.17M $226.95M +2.3%
AIG American International 8.93M $221.01M -11.7%
FDx Advisors 8.17M $32.26M NEW
NTRS Northern Trust 7.64M $189.1M -1.7%
Largest transactions
Shares Bought/sold Change
FDx Advisors 8.17M +8.17M NEW
Norges Bank 0 -7.31M EXIT
CRZBF Commerzbank Aktiengesellschaft 809.7K -4.79M -85.6%
FMR 2.91M -4.43M -60.4%
N Price T Rowe Associates 4.92M +3.77M +326.7%
PUK Prudential 2.89M +2.89M NEW
Susquehanna International 5.16M +2.89M +127.2%
Capital International Investors 0 -2.43M EXIT
PRU Prudential Financial 3.2M +2.25M +237.0%
Arrowstreet Capital, Limited Partnership 2.22M +2.22M NEW

Financial report summary

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Risks
  • We operate in a highly competitive industry.
  • Our success depends on our ability to correctly predict, identify, and interpret changes in consumer preferences and demand, to offer new products to meet those changes, and to respond to competitive innovation.
  • Changes in the retail landscape or the loss of key retail customers could adversely affect our financial performance.
  • Changes in our relationships with significant customers, suppliers, or other business relationships could adversely impact us.
  • Maintaining, extending, and expanding our reputation and brand image are essential to our business success.
  • We must leverage our brand value to compete against private label products.
  • We may be unable to drive revenue growth in our key product categories, increase our market share, or add products that are in faster-growing and more profitable categories.
  • Product recalls or other product liability claims could materially and adversely affect us.
  • Unanticipated business disruptions could adversely affect our ability to provide our products to our customers.
  • We may not successfully identify, complete, or realize the benefits from strategic acquisitions, alliances, divestitures, joint ventures, or other investments.
  • We may be unable to realize the anticipated benefits from prior or future streamlining actions to reduce fixed costs, simplify or improve processes, and improve our competitiveness.
  • We may not be able to successfully execute our strategic initiatives.
  • Our international operations subject us to additional risks and costs and may cause our profitability to decline.
  • Our performance may be adversely affected by economic and political conditions in the United States and in various other nations where we do business.
  • We rely on our management team and other key personnel and may be unable to hire or retain key personnel or a highly skilled and diverse global workforce.
  • We are significantly dependent on information technology, and we may be unable to protect our information systems against service interruption, misappropriation of data, or breaches of security.
  • Our results of operations could be affected by natural events in the locations in which we or our customers, suppliers, distributors, or regulators operate.
  • The Sponsors have substantial control over us and may have conflicts of interest with us in the future.
  • Our level of indebtedness, as well as our ability to comply with covenants under our debt instruments, could adversely affect our business and financial condition.
  • Additional impairments of the carrying amounts of goodwill or other indefinite-lived intangible assets could negatively affect our financial condition and results of operations.
  • Our net sales and net income may be exposed to foreign exchange rate fluctuations.
  • Commodity, energy, and other input prices are volatile and could negatively affect our consolidated operating results.
  • Volatility in the market value of all or a portion of the derivatives we use to manage exposures to fluctuations in commodity prices may cause volatility in our gross profit and net income.
  • Our results could be adversely impacted as a result of increased pension, labor, and people-related expenses.
  • Compliance with laws, regulations, and related interpretations and related legal claims or other regulatory enforcement actions could impact our business, and we face additional risks and uncertainties related to any potential actions resulting from the SEC’s ongoing investigation, as well as potential additional subpoenas, litigation, and regulatory proceedings.
  • We identified material weaknesses in our internal control over financial reporting. If we are unable to remediate these material weaknesses, or if we experience additional material weaknesses or other deficiencies in the future or otherwise fail to maintain an effective system of internal controls, we may not be able to accurately and timely report our financial results, in which case our business may be harmed, investors may lose confidence in the accuracy and completeness of our financial reports, and the price of our common stock may decline.
  • Our failure to prepare and timely file our periodic reports with the SEC limits our access to the public markets to raise debt or equity capital.
  • We restated certain of our previously issued consolidated financial statements, which resulted in unanticipated costs and may affect investor confidence and raise reputational issues.
  • Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products and brands.
  • Changes in tax laws and interpretations could adversely affect our business.
  • Sales of our common stock in the public market could cause volatility in the price of our common stock or cause the share price to fall.
  • Our ability to pay regular dividends to our shareholders and the amounts of any such dividends are subject to the discretion of the Board of Directors and may be limited by our financial condition, debt agreements, or limitations under Delaware law.
  • Volatility of capital markets or macroeconomic factors could adversely affect our business.
  • A downgrade in our credit rating could adversely impact interest costs or access to future borrowings.
Management Discussion
  • We disclose in this report certain non-GAAP financial measures. These non-GAAP financial measures assist management in comparing our performance on a consistent basis for purposes of business decision-making by removing the impact of certain items that management believes do not directly reflect our underlying operations. For additional information and reconciliations from our condensed consolidated financial statements see Non-GAAP Financial Measures.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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