Kraft Heinz hikes marketing spend 37% as turnaround takes shape
The company is shifting spending to higher-return media and product refreshes as it tries to revive legacy brands and improve sales.
6 Articles
6 Articles
Kraft Heinz Making Progress With Turnaround Plan
Kraft Heinz has beaten first-quarter sales estimates as turnaround efforts under its new CEO Steve Cahillane start to bear fruit. Cahillane, who suspended plans to split the company in two soon after taking charge in January, highlighted that investment in (more…) The post Kraft Heinz Making Progress With Turnaround Plan appeared first on KamCity.
Early signs of brand recovery are driving Kraft Heinz's performance above expectations - RetailDetail EU
Kraft Heinz exceeded sales expectations in the first quarter. CEO Steve Cahillane’s efforts to revitalize the FMCG giant’s brands are beginning to pay off. Rather than splitting up, the company now plans to invest further.
Kraft Heinz beats sales forecasts as brand revival shows early signs of progress
Kraft Heinz has topped Wall Street sales expectations in its first quarter, as chief executive Steve Cahillane’s push to revitalise the packaged food giant’s brands showed early signs of momentum.…
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