The Kraft Heinz Co (NAS:KHC)
$ 35.85 -0.34 (-0.94%) Market Cap: 43.53 Bil Enterprise Value: 62.86 Bil PE Ratio: 15.66 PB Ratio: 0.88 GF Score: 68/100

Kraft Heinz Co at Sanford C Bernstein Strategic Decisions Conference Transcript

Jun 01, 2023 / 05:30PM GMT
Release Date Price: $38.19 (-0.08%)
Alexia Jane Burland Howard
Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Good afternoon, everyone. I'm Alexia Howard with Bernstein covering the U.S. food sector, and it's my very great pleasure to be joined by Miguel Patricio, the CEO of Kraft Heinz since 2019. I think it's no understatement to say that Kraft Heinz was kind of in free fall when Miguel took the helm, and after 6 years or so of upheaval, the company is bouncing back and proving very resilient, particularly during the pandemic, the recent supply chain disruptions, and most recently, the very hefty inflation that we're experiencing right now.

I'm particularly struck by the company's agile at scale initiatives that are enabling the company to respond more rapidly to opportunities in a dynamic environment, as well as partnering with external best-of-breed companies like NotCo and Microsoft to turbocharge capabilities where needed.

With that, I'll hand it over to Miguel to provide some opening remarks. And for anybody in the audience, if you have questions, please type them into the pigeon hole and

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