Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  The Kraft Heinz Company    KHC

THE KRAFT HEINZ COMPANY

(KHC)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

KRAFT HEINZ SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits against The Kraft Heinz Company - KHC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/15/2019 | 10:53pm EDT

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 25, 2019 to file lead plaintiff applications in securities class action lawsuits against The Kraft Heinz Company (NasdaqGS: KHC), if they purchased the Company’s securities between the expanded period of July 6, 2015 and February 21, 2019, inclusive (the “Class Period”). These actions are pending in the United States District Courts for the Northern District of Illinois and Western District of Pennsylvania.

What You May Do

If you purchased securities of Kraft and would like to discuss your legal rights and how these cases might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-khc/ to learn more. If you wish to serve as a lead plaintiff in these class actions, you must petition the Court by April 25, 2019.

About the Lawsuits

Kraft and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On February 21, 2019, Kraft disclosed that it had “recorded non-cash impairment charges of $15.4 billion to lower the carrying amount of goodwill in certain reporting units.” Further, the Company revealed the October 2018 receipt of a subpoena from the U.S. Securities and Exchange Commission relating to its procurement policies, procedures and internal controls.

On this news, the price of Kraft’s shares plummeted.

The first-filed case is Hedick v. Kraft Heinz Company, 19-cv-01339.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on THE KRAFT HEINZ COMPANY
04:56pKRAFT HEINZ CO : Entry into a Material Definitive Agreement, Financial Statement..
AQ
09:21aKRAFT HEINZ : Rebrands Kraft Recipes Website as 'My Food and Family,' Adds New F..
AQ
03/21Conagra Spends to Boost Sales -- 3rd Update
DJ
03/21Conagra Spends to Boost Sales -- 2nd Update
DJ
03/21KRAFT HEINZ : Rebrands Kraft Recipes Website as “My Food and Family™..
BU
03/20KRAFT HEINZ : Glancy Prongay & Murray Reminds Investors of Looming Deadline in t..
BU
03/20GENERAL MILLS : Price hikes drive General Mills profit beat, forecast raise
RE
03/20Starbucks sets up $100 million fund to invest in food and retail startups
RE
03/19GLANCY PRONGAY & MURRAY LLP : Announces the Filing of a Securities Class Action ..
BU
03/15KRAFT HEINZ SHAREHOLDER ALERT BY FOR : Kahn Swick & Foti, LLC Reminds Investors ..
BU
More news
Financials ($)
Sales 2019 25 883 M
EBIT 2019 5 373 M
Net income 2019 3 548 M
Debt 2019 28 042 M
Yield 2019 5,30%
P/E ratio 2019 11,46
P/E ratio 2020 10,92
EV / Sales 2019 2,63x
EV / Sales 2020 2,54x
Capitalization 39 936 M
Chart THE KRAFT HEINZ COMPANY
Duration : Period :
The Kraft Heinz Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THE KRAFT HEINZ COMPANY
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 38,3 $
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Bernardo Vieira Hees Chief Executive Officer
Alexandre Behring da Costa Chairman
Joao Araujo Head-Global Operations
David H. Knopf Chief Financial Officer & Executive Vice President
Melissa Alves Werneck Senior VP-Global People, Performance & IT
Sector and Competitors
1st jan.Capitalization (M$)
THE KRAFT HEINZ COMPANY-23.91%39 936
NESTLÉ19.60%294 438
MONDELEZ INTERNATIONAL22.13%70 591
DANONE12.84%54 104
GENERAL MILLS28.51%29 861
ASSOCIATED BRITISH FOODS16.30%24 745