$KHC Kraft Heinz Tape Reports
Per Ticker.id: $KHC Kraft Heinz Tape Reports — 26 podcast mentions across 8 podcasts (30 days), latest 2026-08-18 23:09 UTC.
Okay. What part? What part? The party that says, listen, let's go buy Kraft Heinz. The party that says Abbott Labs went from 92 to 116. That's the party. That's the party. This stock's exactly where it was last quarter.
Jim Cramer — Squawk on the Street · 9AM HOUR: Big Market Week: Bessent, Warsh and Earnings from Nvidia 8/24/26 · 2026-08-24Okay. This is Jayshree Yellal. is just one of the best CEOs in America. And if that stock goes down, just go buy it at these prices. Even a lukewarm bullishness seems like an opportunity. I think I'm not going to pass it up. On Mad Money tonight, why is Cadence Design Systems falling out of favor on Wall Street? I'll talk to the CEO, see what he says about his opportunity for the company. And it's juicy. And I love a good turnaround story. We're seeing one start to play out in one of the food stocks. Don't miss my deep dive with Kraft Heinz. And they no longer own Cheez-Whiz, which is too You bet that was a product they shouldn't have gotten rid of. And how about satellite surveillance provider Hawkeye 360? Just reported its first quarter as a public company. I'm learning more with the CEO. So stick with Kramer.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18Coming up, can Steve Cahillane turn Kraft Heinz into a winner? Kramer's looking to history to see what could happen.
Speaker F — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18AT&T Business Wireless. Connecting changes everything. Earlier this summer, the unloved packaged food stocks finally started making a quiet move higher. Tonight, I want to circle back to one of my favorites, Kraft Heinz. To be clear, there's been very little to like about this business since the old Kraft Heinz merged with H.J. Heinz back in 2015. Since then, the stock's been 8 terrible underperformer. But at the beginning of this year, Kraft Heinz did something remarkable. They brought in Steve Cahillane as its new CEO. And this is the guy you hire when you want to break up your business and do it right. Cahillane's the guy who broke up the old Kellogg and W.K. Kellogg for cereal and Kellogg Nova for everything else back in October of 2023. Now, both these companies ended up being acquired for a hefty premium post-breakup. Originally, the prospects for both these companies look pretty grim. I remember telling Steve that, and that's what he needed me to tell him. And there was a lot of skepticism about whether the breakup would do anything useful. Remember, this happened right when the GLP-1 weight loss drugs were just taking off. But in relatively short order, both Kellanova and W.K. Kellogg were sold to larger players in the packaged food space for big premiums. Kellanova was always supposed to be the better one with much faster growth. And after 10 months of trading independently,, we learned that Mars, the giant candy company, was acquiring them for $36 billion or $83.50 per share. Stop it. This was a $52.50 stock at the time of the buyback. The deal finally closed this December, at which point Steve Carell needed a new job. And that's when he came over to Kraft Heinz.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18Kellogg initially had a strong run after the breakup, then peaked in the spring of 2024 and turned into more of a battleground name. But in July of last year, we learned that Ferrero— that's a European food company would be acquiring W.K. Kellogg for $3.1 billion, $23 per share. Now, keep in mind, at the time of the breakup in late 2023, this was a $13-and-change stock and it was hated. Taken together, Kellogg Novo and W.K. Kellogg were sold for a combined price of roughly $39 billion. When Kellan originally announced the breakup plan of old Kellogg, it had a market cap of less than $23 billion. So we're talking about a tremendous amount of value creation here at a time when most packaged food stocks were getting steamrolled. House of pleasure. That's why I was excited when Kraft Heinz put in Cale Lane as the new CEO, especially since the company is already planning to break itself up. Now, almost a year ago, in early September of last year, Kraft Heinz decided to split itself up into Global Taste Elevation Company. Which would take Heinz— this is a low-budget operation, so we don't even have a full bottle— Philadelphia cream cheese and Kraft mac and cheese, among other sauces, spreads, and then seasoning brands like that, North American Grocery Company, for everything else. Most people assume that Kalem was brought in just to execute that. Rather, I think he'll advise breakup. But that's not what happened. Just a few weeks after Kalem formally started as CEO, he actually paused work on the original breakup plan. Saying many of the company's problems were fixable and within our control. He told us that on our own show. Rather than immediate breakup, he wanted to return Kraft Heinz to profitable growth first. And look, I think he made the right call. Now, I am a big fan of KLA and I am a big fan of breakups because they usually unlock value. But when Kraft Heinz announced this one, the stock dropped nearly 7% on the day of the news. In fact, Berkshire Hathaway, which owns 27.5% of the company, said that it wanted to to dump their position because they disliked the plan so much. When Cagney paused the process, Berkshire decided to stick around. No dummies.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18But in this big— but I still think Cagney will eventually break up Kraft Heinz. I just don't think he will do it in the way that the company was originally planning to do. When he went to the consumer analyst group of New York called CAGNY Conference back in February, he spoke to CNBC and explained that North American grocery business wasn't doing too hot. Which meant there wouldn't be much appetite for the stock in the event of a spinoff. That's why his plan is to fix the North American grocery business first. Then they can talk about breaking up the company, if that still makes sense. Now, after that news, Kraft Heinz dipped down to an all-time low of $21 in March. But then the stock stabilized starting in late June and continuing through late July when the AI trade fell apart. Kraft Heinz had a remarkable run, climbing from $22 to $28 in just over a month. Since then, the stock's pulled back to under $25, but still represents a nice rebound. Plus, when Kraft Heinz reported a couple of weeks ago on August 5th, the company posted a healthy top and bottom line beat. Their organic net sales were down 1.3%. It doesn't sound great, but Wall Street was anticipating a 4.9% decline. So in fact, it was much better than expected. Management even raised their full year forecast pretty much across the board. In particular, Kaling said his brands are resonating with consumers. And Kraft Heinz's market share was improving. That didn't usually happen for this company. Company's made a series of incremental investments in their brands, mainly in the form of higher marketing spending. And that's worked too. I bet we see a ton of their company's brands this fall if you watch the NFL. As Cailin explained in that February interview on CNBC, he felt that the previous regime was just too aggressive with its cost cuts and that hurt Kraft Heinz portfolio brands. Originally, the plan was to invest an additional $600 million this year. But when the company reported 2 weeks ago, Kaling said, you know what, he's going to be raising that number to $700 million because the playbook has been working so well. So let's put it all together here. I was very excited when Kraft Heinz hired Steve Kaling late last year because they're doing a breakup.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18And this guy made his shareholders a fortune when he broke up Kellogg. And then both parts of the businesses quickly got acquired. But when Kaling got to Kraft Heinz, he realized that the preexisting breakup plan just wouldn't work. Big chunk of the business too soft after being starved of its marketing budget for years. He decided to turn things around before he even considered a breakup. And hey, if anybody would know the right thing, it's him. The bottom line, I think KLN is just taking a bit more time to make sure that a breakup happens the right way. He wants Kraft Heinz to come into this form, this position with strength. Not weakness. And now with a couple quarters under his belt, we're already starting to see evidence that the business is improving. That makes me feel even better about this stock down here, first as a turnaround play and then maybe as a breakup story. Again, KLN's money. Don't bet against money. Larry in my home state, New Jersey. Larry.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18I think it's a buy. I mean, look, the multiple is high at 32 times earnings, but it's got the growth and it's got the profitability, Larry. I'm a believer. Oh no, man. I want to take a few more questions, but that's what happens when you're having fun. All right. We're already seeing proof that business at Kraft Heinz is improving under Caleen. It makes me feel better about buying the stock. You should too. Good turnaround coming. But for me, money include my post-earnings exclusive with satellite company Hawkeye 360. Stock's been hurting. Then software stocks bounced today as the rest of the AI-related Nasdaq names got crushed. I'm breaking down the dichotomy and why I still believe in the sector. And of course, audio calls, rapid-fire answers in the lightning round. So stay with Kramer. Earlier this summer, the unloved packaged food stocks finally started making a quiet move higher. Tonight, I want to circle back to one of my favorites, Kraft Heinz. To be clear, there's been very little to like about this business since the old Kraft Heinz merged with H.J. Heinz back in 2015. Since then, the stock's been a a terrible underperformer. But at the beginning of this year, Kraft Heinz did something remarkable. They brought in Steve Caleane as its new CEO. And this is the guy you hire when you want to break up your business and do it right. Caleane's the guy who broke up the old Kellogg and the W.K. Kellogg for cereal and Kellogg Novo for everything else back in October of 2023. Now, both these companies ended up being acquired for a hefty premium post-breakup. Originally, the prospects for both these companies look pretty grim. I remember telling Steve that, and that— less than he needed me to tell him. And there was a lot of skepticism about whether the breakup would do anything useful. Remember, this happened right when the GLP-1 weight loss drugs were just taking off. But in relatively short order, both Telenova and W.K. Kellogg were sold to larger players in the packaged food space for big premiums. Telenova was always supposed to be the better one with much faster growth. And after 10 months of trading independently, We learned that Mars, the giant candy company, was acquiring them for $36 billion or $83.50 per share.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18