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This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course.
Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the ...
With earnings season in focus, ....consumer defensive/staples names part of the Consumer Staples Select Sector SPDR Fund ...
Warren Buffetts Berkshire Hathaway (NYSE:BRKa) reported a $3.76 billion write-down on its 27.4% stake in Kraft Heinz (NASDAQ:KHC) during Q2 2025, reflecting continued struggles at the food giant. The ...
Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...
Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, ...
Berkshire Hathaway (BRK.A, BRK.B), the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on ...
While most of the stocks Buffett and his team of investors have picked merit strong consideration, there are a few ...
With a low price-to-earnings multiple and a significant presence in Warren Buffett’s investment portfolio, The Kraft Heinz Company (NASDAQ:KHC) earns a spot on our list of the 12 Cheap Value Stocks to ...
Key Points Adjusted EPS of $0.69 beat expectations in Q2 FY2025 but Adjusted EPS of $0.69 declined 11.5% versus the prior year period. Revenue (GAAP) was $6.35 billion, ahead of estimates, but ...
Greetings, and welcome to the Kraft Heinz Company Second Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, ...
Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an ...