Public company (Nasdaq: KHC)
Appears in 1 story · Last updated May 31, 2026
As of May 2026: Executing internal turnaround after canceling planned breakup
Since the 2015 Kraft-Heinz merger, the company has been a cautionary tale: shrinking sales, falling market share, a $15 billion writedown, a stock down roughly 70%. The board approved a tax-free two-company split in September 2025. Five months later, a new CEO scrapped that plan and bet $600 million on fixing the company instead.
Updated May 31
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