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

THE KRAFT HEINZ COMPANY

(KHC)
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Kraft Heinz : Heinz Ketchup Releases Ridiculously Slow, All-Red Puzzle To Pass The Time

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05/05/2020 | 04:01pm EDT

To help ketchup lovers in self-isolation, Heinz is giving away 57 Ketchup Puzzles in 17 countries around the world and 57 Canadians will have the chance to win one.

TORONTO, May 5, 2020 /CNW/ - As social distancing and self-isolation become the norm, a nostalgic favourite is back and trending in social feeds: the puzzle. Now, Heinz Ketchup has released a puzzle of its own, with 570 pieces, all identical Heinz red. It might just be the world's slowest puzzle.

"Heinz is known for its iconic, slow-pouring ketchup. In a period when everyone has a little more time on their hands and puzzle popularity has skyrocketed, we wanted to help pass the time by connecting the two," says Brian Neumann, Senior Brand Manager, Kraft Heinz Canada. "We're always looking to deliver fun, contextually relevant ways to give our consumers a smile, and this ridiculously slow, all-red Heinz ketchup puzzle seemed like the perfect fit."

Heinz knows that good things take time. Just like the satisfaction you get when ketchup hits your fries following the perfectly slow Heinz ketchup pour, this puzzle is worth the patience, only this time, you can't hold it at the perfect angle to solve it.

Whether you live alone, with family or roommates, this puzzle is designed to entertain those aged three and up and provide a sense of happiness during these unprecedented times.

Heinz is giving away 57 puzzles to ketchup lovers in 17 countries around the world. In Canada, 57 lucky Canadians will have the chance to win one.  All they have to do is head over to @Heinz_ca on Instagram and comment on the post sharing who you wish you could finish the puzzle with for your chance to win 1 of 57 puzzles. 

Heinz encourages selected winners in Canada to share their progress and completed puzzle on social, tagging @Heinz_ca.

About Kraft Heinz Canada
Kraft Heinz Canada is the country's largest food and beverage company and is a subsidiary of Kraft Heinz (NASDAQ: KHC). Kraft Heinz Canada provides high quality, great taste and nutrition for all eating occasions whether at home, in restaurants or on the go. Kraft Heinz Canada products are found in more than 97 per cent of Canadian households. The Company's iconic brands include Kraft Peanut Butter, Heinz Ketchup, KD, Philadelphia Cream Cheese, Renées Dressing, Jell-O, Classico, Kool-Aid and Maxwell House. Kraft Heinz Canada is dedicated to the sustainable health of our people, our planet and our Company. For more information, please visit www.kraftheinzcompany.com.

SOURCE Kraft Heinz Canada

© Canada Newswire, source Canada Newswire English

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Financials (USD)
Sales 2020 25 082 M - -
Net income 2020 2 601 M - -
Net Debt 2020 26 231 M - -
P/E ratio 2020 15,1x
Yield 2020 4,96%
Capitalization 39 441 M 39 441 M -
EV / Sales 2019
EV / Sales 2020 2,62x
Nbr of Employees 37 000
Free-Float 25,9%
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Technical analysis trends THE KRAFT HEINZ COMPANY
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 21
Average target price 33,05 $
Last Close Price 32,28 $
Spread / Highest target 48,7%
Spread / Average Target 2,39%
Spread / Lowest Target -16,4%
EPS Revisions
Managers
NameTitle
Miguel Patricio Chief Executive Officer
Alexandre Behring da Costa Chairman
Flavio Torres Head-Global Operations
Paulo Basilio Global Chief Financial Officer
Gregory Edward Abel Independent Director
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