Latest news with #HEINZKetchup
Yahoo
16-05-2025
- Business
- Yahoo
Kraft Heinz & Uber Eats Team Up to Roll Out HEINZ Verified Program
The Kraft Heinz Company KHC is partnering with Uber Eats to spotlight restaurants that serve HEINZ products through a newly launched program, HEINZ Verified. Debuting in Chicago, Dallas, Denver, Los Angeles, Miami and Pittsburgh, the program helps consumers easily find restaurants offering the unmistakable taste of HEINZ Ketchup, favored by more than 84% of diners. For a limited time, Uber Eats users can get $5 off on orders of $30 or more from HEINZ Verified restaurants (taxes and fees apply). These verified locations are specially marked in the app, giving them increased visibility and helping to drive new customer traffic. Participating restaurants benefit from a range of exclusive support provided by Kraft Heinz, including access to consumer insights and trend data, free product samples, branded HEINZ merchandise, co-branded digital and promotional materials, and free marketing support, all designed to help grow their business and build stronger customer connections. HEINZ Verified is led by Kraft Heinz's Away From Home business unit, a key growth driver. With this initiative, KHC aims to support restaurant operators in delivering elevated dining experiences, reinforcing its longstanding commitment to quality and community. By helping restaurants thrive, the program also contributes to stronger local partnership with Uber Eats brings added visibility to restaurants that serve HEINZ products, making it easier for consumers to discover trusted local favorites on the platform. This collaboration enhances value for participating restaurants while tapping into the strong brand loyalty associated with HEINZ. To build consumer excitement, Kraft Heinz will also debut a branded content series called 'Daytrippin',' hosted by comedian and content creator Steven He. Image Source: Zacks Investment Research Kraft Heinz has been implementing effective pricing strategies to enhance its performance amid low volumes and inflationary pressures. In the first quarter of 2025, the company's pricing increased 0.9 percentage points year over year. The favorable pricing was a result of adjustments in certain categories to address higher input costs, mainly in coffee. This upside was driven by increases in the North America and Emerging Markets Heinz has been strategically increasing its investments in value-driving initiatives, reflected in a narrowing price gap with private label brands. These efforts are part of a broader commitment to delivering exceptional consumer value while laying the groundwork for sustainable brand growth. Central to this strategy is the company's Brand Growth System, a structured framework designed to identify high-potential opportunities, inform data-driven investments and prioritize future initiatives. Despite its strategic wins, Kraft Heinz has been experiencing weak volume performance over the past few quarters, with the trend continuing into the first quarter of 2025. During this period, the company's volume/mix dropped 5.6 percentage points from the prior-year levels, with declines across all segments. Kraft Heinz has also been facing margin pressure, as witnessed in the first quarter, wherein adjusted gross margin contracted 10 bps to 34.4%.In the past month, shares of this Zacks Rank #4 (Sell) company have lost 6.7% compared with the industry's decline of 3.5%. Nomad Foods Limited NOMD manufactures, markets and distributes a range of frozen food products in the United Kingdom and internationally. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Nomad Foods' current fiscal-year sales and earnings implies growth of 5% and 7.3%, respectively, from the prior-year levels. NOMD delivered a trailing four-quarter earnings surprise of 3.2%, on International, Inc. MDLZ manufactures, markets and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa and Europe. It presently carries a Zacks Rank of 2 (Buy). MDLZ delivered a trailing four-quarter earnings surprise of 9.8%, on average. The Zacks Consensus Estimate for Mondelez International's current financial-year sales indicates growth of 4.9% from the year-ago numbers. Oatly Group AB OTLY, an oatmilk company, provides a range of plant-based dairy products made from oats. It presently carries a Zacks Rank of 2. OTLY delivered a trailing four-quarter earnings surprise of 25.1%, on consensus estimate for Oatly Group's current fiscal-year sales and earnings implies growth of 2.7% and 56.6%, respectively, from the year-ago figures. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mondelez International, Inc. (MDLZ) : Free Stock Analysis Report Kraft Heinz Company (KHC) : Free Stock Analysis Report Nomad Foods Limited (NOMD) : Free Stock Analysis Report Oatly Group AB Sponsored ADR (OTLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
15-05-2025
- Business
- Business Wire
Kraft Heinz and Uber Eats Team Up to Launch HEINZ Verified: A New Program That Shows Consumers Which Restaurants Serve HEINZ
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Eighty-four percent of people say they would like a restaurant more if it served HEINZ Ketchup. 1 To address this desire, today, The Kraft Heinz Company (Nasdaq: KHC) ('Kraft Heinz' or the 'Company') announced the launch of HEINZ Verified, a program designed to single out restaurants that serve HEINZ, signaling a commitment to quality and excellence. HEINZ Verified is the latest program from the Company's Away From Home business, which is a key growth pillar for Kraft Heinz. In today's landscape, it is harder than ever for restaurants to succeed, and Kraft Heinz aims to help enable their success. The Company is collaborating with Uber Eats as its inaugural platform partner for the program, and people in Chicago, Dallas, Denver, Los Angeles, Miami, and Pittsburgh can now find HEINZ Verified restaurants on the Uber Eats app. For a limited time, users can also enjoy $5 off Uber Eats orders of $30 or more when ordered from HEINZ Verified restaurants (Taxes and fees apply. See Uber Eats app for details). Kraft Heinz will provide restaurants that are HEINZ Verified with access to insights and consumer trends, free product samples, promotions, branded merchandise, digital resources and free marketing support designed to drive customer traffic. "By introducing HEINZ Verified, we want to help restaurants succeed so communities can thrive – delivering quality and value for both restaurants and individuals through meaningful, best-in-class products and experiences,' said Peter Hall, President of Elevation, North America at Kraft Heinz. "Our ambition is to help restaurant operators excel while also providing elevated dining experiences for people wherever they eat away from home.' HEINZ Verified is the latest program underscoring HEINZ's longstanding commitment to delivering unparalleled quality for its fans. For over 150 years, Kraft Heinz's largest brand has gone all-in to ensure its unmistakable taste is delivered every time. The global brand celebrates and prides itself on the irrational love it inspires – from real fans' personal love affairs with the brand to the undeniable love and care its products are made with. And it's clear fans recognize the brand's commitment to excellence, with a majority agreeing that when eating out, it has to be HEINZ. 1 'This exciting new partnership with HEINZ spotlights restaurants on the Uber Eats platform across the country serving the products people know and crave,' said Alex DiValerio, Head of Restaurant Operations, North America at Uber. 'This collaboration makes it easier than ever for consumers to discover local favorites featuring HEINZ products – and helps drive even more value to our restaurant partners.' Kraft Heinz will showcase HEINZ Verified at the National Restaurant Association Show in Chicago (May 17-20, 2025). Those attending can learn more about and sign up for HEINZ Verified, among other Away From Home innovations, while onsite. As part of the HEINZ Verified program, Kraft Heinz will also debut a new content series called 'Daytrippin'' to be distributed on YouTube and packaged for streaming platforms. The series will follow actor, comedian and social media personality Steven He as he takes viewers on a road trip from Pittsburgh to Cleveland to Chicago, showcasing each city's local food culture and iconic dishes and the passionate people behind them. Restaurant operators across the U.S. who are interested in getting HEINZ Verified can sign-up now at People can nominate their favorite restaurants that serve HEINZ for the program at 1 Dec '24 KHC Custom Condiment Survey, Dig Insight. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consumer-driven product platforms. As global citizens, we're dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways. Learn more about our journey by visiting or following us on LinkedIn. ABOUT UBER Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 61 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.
CBC
28-01-2025
- Business
- CBC
Canadian, eh? Why some Heinz ketchup bottles still say 'Product of USA'
The plot has thickened in the Justin Trudeau-Heinz ketchup controversy, as consumers with bottles that say "Product of USA" question how Canadian the popular condiment really is. Kraft Heinz took aim at the prime minister last week, saying comments he made in relation to a looming Canada-U.S. trade war gave the impression that Heinz ketchup was not made in Canada. "HEINZ Ketchup is made in Canada, by Canadians, using Canadian tomatoes," Kraft Heinz said in a statement. The company then ran a full-page ad in the Monday edition of the Globe and Mail, touting its Canadian identity. At least two dozen readers have contacted CBC since Trudeau's remarks, however, to say their Heinz ketchup bottles are labelled "Product of USA." Many sent photos to back up their claims. Consumers reported American bottles in multiple provinces, in towns and cities spanning the country from Pender Island, B.C., to St. John's. So what's really happening? Kraft Heinz provided us with an answer. American bottles shipped north when demand spikes: Kraft Heinz In an email to CBC News, a Kraft Heinz spokesperson said ketchup produced in the U.S. is shipped to Canada only when there are "unanticipated increases in consumer demand" that cannot be met by the Canadian facility in Mont Royal, Que. The company also produces some specialty ketchups that cannot be made in Canada, so those bottles also have U.S. labelling. In 2024, Kraft Heinz says the American bottles accounted for approximately 10 per cent of Heinz ketchup in Canada. Generally, the company produces and bottles its Canadian ketchup in Mont Royal, using tomatoes from Leamington, Ont. Those bottles are labelled "Prepared in Canada," as per Canadian Food Inspection Agency guidelines. The vinegar, salt and spices are also sourced locally, but the sugar is imported, the company says. WATCH | The man who started the ketchup war: The man who started the Ketchup Wars | The Ketchup War 2 months ago Duration 1:22 Company returned to Canadian tomatoes in 2022 In 2014, Kraft Heinz sold off its 100-year old tomato processing plant in Leamington, leaving local farmers and workers in the lurch and setting off a rivalry with French's, the company that took over the factory and won over many patriotic Canadians in the process. After fierce consumer backlash, Kraft Heinz returned to producing ketchup in Canada in 2020. The company went back to Canadian tomatoes, "with the first full crop occurring in 2022," according to the spokesperson. Kraft Heinz says it uses more than 220 million pounds of tomatoes each year to make products like ketchup, tomato sauce and tomato juice, and it recently renewed its agreement with Highbury Canco to continue through 2027. Politicians across the country have been encouraging consumers to buy Canadian, after U.S. President Donald Trump threatened heavy tariffs on Canadian goods starting Feb. 1. Last week, Trudeau urged consumers to seek out Canadian-made products to avoid U.S. imports. "The example from last time was Heinz's ketchup being replaced by French's ketchup because French's was still using Canadian tomatoes in its ketchup," he said. While Trudeau's statement was not completely wrong — it is true that Kraft Heinz was not making ketchup in Canada from 2015 to 2020, and he was speaking about the past — the company said it was misleading, since it has moved its production back to Canada. Kraft Heinz and French's are both based in the U.S. So, while both companies employ Canadian workers and use Canadian ingredients, profits still flow south of the border.
