Why Kraft Heinz Is Warren Buffett's Worst Bet
Переглядів 308,738
День томуNine years after its megamerger, food behemoth Kraft Heinz is facing challenging times amid slumping sales, high inflation, a shift away from processed foods and stiff competition. Despite $27 billion in annual sales, the company must keep innovating if it wants to compete with private-label brands such as Costco's Kirkland or Wegmans' various brands which are quickly stealing market share as recent generations value lower prices over loyalty. With a new CEO, a renewed focus on core brands, and Brazilian private equity company 3G out of the picture, majority stakeholder Warren Buffett's Berkshire Hathaway is betting it can make a comeback. But experts say it could be difficult.
Chapters:
0:00 Introduction
2:01 Chapter 1. A bad deal
7:40 Chapter 2. Turn around?
11:37 Chapter 3. Industry Risks
Clarification: At 4:12 a speaker in this video misstated the relationship between 3G and Kraft. 3G owned Heinz prior to the Kraft Heinz merger.
Produced and shot by: Natalie Rice
Edited by: Evan Lee Miller
Animation by: Christina Locopo, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Sources: FactSet, Reuters
Additional Footage: Getty, AP Photos, The Kraft Heinz Company
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: cnb.cx/3Iwblnk
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
#CNBC
Why Kraft Heinz Is Warren Buffett's Worst Bet
@ramsinbarkhoy302 19 днів тому
Highly processed and addictive foods… their failure is a win for humanity!
@punishanpika 18 днів тому
Like the failure of any highly processed and addictive morality mill. Like all the crazy cults.
@chiquita683 15 днів тому
Buffet pushing trash like soda
@pablovint 14 днів тому
100% True, but sometimes they are so tasty.
@tommcfadden5232 19 днів тому
The quality of their products is awful compared to what it once was.
@antimatter7629 19 днів тому
High level of lead in lunchables
@ExcessumGaming 19 днів тому
Bad, expensive and boring.
@boohere2 19 днів тому
I actually still buy & like the ketchup, mustard, relish & the cheddar/white shredded cheese (not American cheese FYI). I used to eat the Mac & Cheese as a kid. I loved that too. I don't eat it anymore. If I want pasta, I am just making it myself & will add on my own cheese if needed.
@googleevil 19 днів тому
and they keep business in russia. So many europeans just boycott them and nasty Nestle choosing local brands instead.
@user-yv4gg7jb2f 16 днів тому
i suppose there are just more alternatives and expectations changed
@-KillaWatt- 19 днів тому
The brand is known for affordable food. Hotdogs, Kraft Mac and Cheese, etc, etc. Their prices don't reflect that and they lost touch with their consumers. Mac and cheese used to be a cheap meal a mom could put on for their kid when they came home for lunch from school. Now it's fine dining with the cost of their products.
@JohnEastmanExAttyAtLaw 19 днів тому
Mac and cheese costs a buck, LOL.
@santostv. 19 днів тому
Why you guys eat that sh*t? It looks bad
@-KillaWatt- 19 днів тому
@@JohnEastmanExAttyAtLaw depends where you are. Ive travel to many paces around the world and the cost is wildly different from place to place. Up in Canada it is nearly $4 a box.
@kennethwers 14 днів тому
@@JohnEastmanExAttyAtLaw Please, inform us where you get it for a buck.
@curtisaallen 13 днів тому
@@kennethwersat Walmart and Target the price of Kraft Mac and Cheese cost a dollar.
@JokerLurver 19 днів тому
Had to increase prices by 15% in 2023 ... to pay off ridiculous corporate bonuses? And shrinkflation? No mention of these things. Suspicious.
@bryanreed3559 13 днів тому
Definitely don't go look up salaries of the executives.
@deecee2174 2 дні тому
Ridiculous comparison. Regardless if prices go up or down, if jobs are laid off or expanded, if revenues are growing or shrinking; people still get a decent salary and a bonus. Cry harder lol you're not the ones who put in the work to lead a corporation
@user-pb8xf9if3c 18 днів тому
Certainly. Exchange-Traded Funds (ETFs) are popular for long-term investments due to their diversified nature. ETFs offer exposure to a wide range of assets, such as stocks, bonds, or commodities, which can help reduce risk. Some top choices for long-term investing include broad market index ETFs, sector-specific ETFs, and bond ETFs, as they provide potential for growth and income over an extended period while minimizing the risk associated with individual stocks.
@VanessaFloyd-tt7yg 18 днів тому
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 4years+ and I've netted over 2.8million.
@DianaR.Ballard 18 днів тому
Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
@VanessaFloyd-tt7yg 18 днів тому
Deborah Lynn Dilling covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@DianaR.Ballard 18 днів тому
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Deborah up and send her a message. You've truly motivated me. Thank you.
@luiscamacho1996 19 днів тому
The problem with big corporations is their need for constant never-ending growth to make wall street speculators happy.
@PHlophe 19 днів тому
Luiz, capitalism at its finest. but this cluster of brands is diabetes in different forms. Que Triste !
@willreasoner4472 19 днів тому
Until there's one giant mega-corporation that owns everything. A few thousand people have every penny of wealth, and then what? What are you gonna do then?
@fabiors10 19 днів тому
@@willreasoner4472 I sense that we will know pretty soon.
@ThePieMaster219 19 днів тому
This isn't another spam comment chain is it
@sciencehistoryandentertain734 19 днів тому
Or in this case huge cost gutting....Short term value long term loss...
@MoneyPrinter123 19 днів тому
I love how many euphemisms CNBC uses for layoffs: "private equity meritocracy", "zero-based budgeting", "cost-cutting", "streamlined operation".
@MarufulIslam-dp3jg 19 днів тому
10:48 This lady is master of corporate jargon. She never said anything substantial throughout the video but talked a lot. Lol
@xtinabay 9 днів тому
Classic corporate drone- dead eyes and completely useless
@darrenchin_ 7 днів тому
not to mention the creepy smiling performance!
@catmelvin997 19 днів тому
KraftHeinz lost because they forgot they were in the business of feeding people. People who want premium branded food products aren't buying frozen pizza, and the people who are tend to look for value/bargains
@ExcessumGaming 19 днів тому
Pretty much.
@BobSmith-mp8ld 19 днів тому
This brand has lived off of boomer nostalgia for the last 20 years. The biggest problem for this brand, is it pretends to be a premium food brand, but most of what they make is done better by private labels for a lower price.
@TheBooban 19 днів тому
Hmm. Where do you think private label brands are getting their products from?
@RoadRageRod 19 днів тому
@@TheBooban Depends on the chain behind the private label and the kind of product. Some chains even own their own production facilities. Some work with well etablished mega corps, some with smaller producers. But plenty of products have different recipes than the name brand product their derived from. While some of those recipes are better, some are worse and for some products like dairy the distinction isn't measureable.
@speucey 18 днів тому
When the merger happened, in Canada, there was a huge fiasco about heinz no longer buying tomatoes from Canadian farmers. Whether or not this has changed, it was irreparable brand damage at least in Canada. Many families I know still avoid heinz because of this.
@leinster22 19 днів тому
Kraft destroyed Cadbury chocolate after acquiring it. They shut down operations in the UK where Cadbury originated and moved to Poland. Quality of the product rapidly declined after the acquisition.
@rickyayy 19 днів тому
It's disgusting now
@mhjunky4278 19 днів тому
Thats sad wtf
@hieronymusvonlipschitz 19 днів тому
That's sad because European candies and chocolates are usually better
@andrewdocherty3998 6 днів тому
yeah they started to add palm oil and shea butter, which made the chocolate taste "waxy". Should've stayed in Bourneville, UK where it was created, great shame. The previous owners in the 19th/20th centuries were Quakers and even built homes etc for their staff, all that has gone now. Rowntree is another example who did this, ruined by a Nestle takeover
@pranaym3859 3 дні тому
Cadbury's chocolate tastes like Hershey's now which is one of the worst chocolate
@larissa4615 19 днів тому
I just don’t see them innovating their way out of this one. Private label brands are just cheap with the same quality
@danyala.1659 19 днів тому
They can sell off-brand versions at a lower price.
@erkinalp 19 днів тому
@@danyala.1659 and at worse specs, even branded versions wildly differ across different stores
@damnitschris_ 19 днів тому
off brand are usually made at the same factories
@erkinalp 19 днів тому
@@damnitschris_ true, but not with same specs; in my experience off brand ones are considerably worse but one cannot tell apart from branded by look and feel alone
@trumpet12345 19 днів тому
I disagree with cheese products. Cream Cheese being the worst offender with knockoffs. Target i think had a semi recent redo that seems pretty decent, but some products are russian roulette IF you can find one you like as much or better.
@Casa-zq3fm 17 днів тому
Kraft-Heinz’s story is similar to what happened to Boeing. Bring in MBA types, extract value with a zero budgeting strategy’, go goofy with 3G thinking, and destroy the product.
@jpringle1290 19 днів тому
All trash food like products, Your health is better off not touching that crap.
@hybridstryker233 19 днів тому
💯💯💯💯 and is waste of money
@timt6860 19 днів тому
I like the ketchup though
@DG-hw8it 19 днів тому
Yes, eat imported olive oil from Bertolli....😂
@Haveyoueverbeenswallowed 19 днів тому
@@DG-hw8itfr. With today’s inflation, ppl are eating what they can afford. I’d rather eat that before starving or begging for food
@MrMountain707 19 днів тому
Try a better one. Ketchup is easy to make too.@@timt6860
@aviuspersona 19 днів тому
High fructose corn syrup doesn’t belong in ketchup. I hope brands that unapologetically use ingredients like this continue to fail
@noelgenoway9360 19 днів тому
Agree 1000 percent!
@rickyayy 19 днів тому
Bingo!!!!
@prometheus5311 19 днів тому
Ketchup in Europe is still just tomatoes, vinegar and a bit of sugar, in the usa it's horrible.
@MakerInMotion 19 днів тому
Partially the fault of the government that subsidizes corn and keeps corn syrup cheap.
@andreww5574 19 днів тому
"elevating food experiences" elevating rates of diabetes
@zunedog31 19 днів тому
Think how many years of life this processed junk food has taken from people.
@user-qv6ud2hx6f 19 днів тому
But it saves cooking time...
@njpf34 19 днів тому
I think the worst part of 3G’s work was all the human talent they lost. I work at another consumer packaged foods company, and sit next to 4 people who left Kraft due to cuts made by 3G. These are Engineering / R&D technical folks who work on innovation. That was the real loss - the experienced talent needed to innovate at that scale. That sad / upsetting part of 3G was their ruthless pushing of their human capital.
@roshinobi 19 днів тому
I left another of their companies. I’ll never work for a 3G company again. All they know how to do is fire people.
@mikeb497 19 днів тому
To all these companies, all they see is a number that cost money. They dont understand or care how much one person is actually worth
@ctgottapee9020 18 днів тому
It's surprising how all management involved in this deal didn't understand that the innovation (the next lunchables) was where the value was, not the name brands. They could have cost cut in production and left R+D alone.
@7Millionaire7 16 днів тому
@@ctgottapee9020 I bet they did, but private equity and investors do not care about that. Once they are your main shareholders, they fire people and cut everything. After they get their profits, they sell and leave. They do not care about long term viability, the workers, or anything beyond their span of ownership.
@jbarkley4938653 19 днів тому
High fructose corn syrup in ketchup. Unbelievable. 😢
@ms.b9093 19 днів тому
Not even an option in Europe! The US is disgusting with their food safety standards
@Look_What_You_Did 19 днів тому
You clowns still going on about corn syrup.
@Look_What_You_Did 19 днів тому
@@ms.b9093 Safety standards? Ketchup is not a European condiment. Corn syrup is not a safety concern.
@jbarkley4938653 19 днів тому
@@Look_What_You_Did shut up
@Joshy.Want.Wingyy 19 днів тому
@@Look_What_You_Didall of your comments are so karen-ish 😂 lmao shut up
@LayKxD 19 днів тому
These products are not cheaper than local alternatives. I noticed the cost in sandwich meat because I eat it everyday for lunch. I went to my local deli (I live in Louisiana) and noticed that a pound of fresh meat sliced is cheaper than than Kraft processed. Same with cheese singles. I am not saying everything local is cheaper, but I noticed that this processed stuff and other Kraft products costs more than better quality ingredients. The only downside is that they don't last on shelf as long, but like I eat it all before it goes bad.
@ms.b9093 19 днів тому
Eating processed dell meat everyday can lead to colon cancer! Today's cured meats are not the same as they were 40 years ago.
@moderatelyapathetic3280 19 днів тому
And who wants all those chemicals they use as “preservatives” in their body? If bacteria don’t want to eat, neither should you!
@ctgottapee9020 18 днів тому
odds are most of the 'local' brands are just kraft heinz produced bulk buys with a private label
@rogersmith7194 19 днів тому
You also have to not sell foods geared towards kids and convenience without lead and other heavy metals, e.g. lunchables.
@Bernard-fo2qo 19 днів тому
Anything Kraft touches turns to Krap.
@JJ2023. 19 днів тому
Maybe if they stopped tinkering around with the ingredients the quality has changed , why do US customers have different ingredients to European ones if you compare Heinz Ketchup ? European version doesn't have corn syrup , tomato concentrate , or added flavourings 😬
@SuperMetalMage 19 днів тому
In the USA medical bills will be more expensive eating Kraft products than the money you save from buying Kraft foods.
@noelgenoway9360 19 днів тому
So so so so true!!!
@P3t3rad 19 днів тому
i had an aneurism reading this
@nicoctane1669 19 днів тому
When people are so poor they have no choice.
@JDWBS 19 днів тому
@@nicoctane1669VERY WELL SAID.
@mralexpub 19 днів тому
It would seem Unilever dodged a bullet by strongly rejecting the merger.
@prometheus5311 19 днів тому
Ketchup is still a good product in Europe, in the usa it's horrible.
@Xeonerable 19 днів тому
Its because corporate consolidation leads to the enshittification of products and services in the name of higher profits each quarter.
@emptyfish8992 18 днів тому
It's time for all these brands to get healthy or be outlawed.
@Seanpfree 17 днів тому
"Our people & our culture" If Kraft Heinz cared about either they'd pay their people more... their WORKERS, not execs and stock holders.
@NicholasLi10 19 днів тому
THEN SERVE HEALTHY FOOD
@kramerrichardson6008 19 днів тому
It's the new corporate trend to slowly increase prices while finding a way to make the product cheaper for maximum profit, they realize that food is needed so they are in control of that.
@dannmarceau9743 19 днів тому
We need to stop combining companies and break up corporations, not make them bigger. They're the reason people are paying through the nose for food.
@tonyburzio4107 19 днів тому
FALSE, government overspending and money printing are the only way to create inflation.
@stripedrajang3571 19 днів тому
Food. You mean, "food". They aren't really "food". They are more like lab experiments called "manufactured edibles". 😂
@santostv. 19 днів тому
That’s isn’t “food” , you don’t need it
@bobbymoss6160 19 днів тому
Profit over quality, people are buying store brands to save money.
@Tracertme 19 днів тому
Best news in 100 years… ❤😂 I don’t think I saw anything that wasn’t processed food to make you sick and ill. The growth officer just talked none sense with endless transformation bling words. As for their plant based foods.. 🤮 I don’t think I have touched or eaten any of that junk in 15 years.✅
@hanseltavion6570 19 днів тому
“Growth Officer”, almost like she asked an AI to generate some examples of soulless, meaningless corporate talk. Also, Kraft, don’t call your customers “consumers”; it does make them feel very generous with their shopping habits…
@PhatChin 19 днів тому
Private label like Kirkland Signature is often the superior choice. KHC is finished.
@adaml.5355 16 днів тому
Or Aldi. Everything they offer is either made by the store brands or way better than the store brands for CHEAPER.
@Saethered 18 днів тому
This is how you pump to dump a bad decision in a professional way.
@X139T 19 днів тому
Oh wow it’s almost like people don’t like poison anymore
@alexroberto6353 19 днів тому
Because they stopped making ketchup in Pittsburgh.
@Jacks_the_Lab 19 днів тому
Well I do see a common point for multiple fail... 3G capital...
@mateusdossantos5298 19 днів тому
The 3G capital did the same thing here in Brazil with the americanas store. Fraud was visible. But they found a way to drop all the acusacion against them
@stripedrajang3571 19 днів тому
What accusations did 3G have against them?
@creepinwhileyousleepin 19 днів тому
Arguably other than Heinz ketchup, there's better alternatives to all their offerings at the same price or better.
@roydominic4080 19 днів тому
I can’t afford name brands
@dontelindsey5846 19 днів тому
Prices for everything are ridiculous. Even generic brands are expensive.
@christiang6960 19 днів тому
Go to Aldi or Lidl
@mrdeebo313 19 днів тому
@@dontelindsey5846yep, I do most of my shopping at Meijer. The store brand used to actually be a deal, now they are the same price or more expensive than the name brands. The frozen fries I used to get were $1.50, now they're $5, in less than 4 years. Meanwhile the Checkers and Arby's fries are still $5, didn't go up at all so I get those now
@joshuadeserres4897 19 днів тому
Kraft finally came out with a plant-based Kraft Dinner (Mac and Cheese) in Canada. Its delicious and tastes like traditional KD. Its obviously not healthy but after not having KD in over 10 years, I am happy to be a customer again.
@PHlophe 19 днів тому
Josh, don't eat that sheit. planrt based means there are 20 ingredients that constitute whatever looks like plant. think about how long your body needs to locate actual nutrients and digest it. If its mac con cheese but has 20 ingredients listed then that AIN'T IT !
@canadianguy1955 19 днів тому
You just listed off some of the worst food a person could buy. If you want to be unhealthy, eat kraft products. I go out of my way to buy alternatives if available. And avoid 90% of their products.
@Tokamak3.1415 19 днів тому
The diabetes champion.
@timgutschke2250 19 днів тому
High CNBC, please make a video about Aldi and their aggressive expansion in the US
@stripedrajang3571 19 днів тому
What makes you think Aldi's is being aggressive with their expansion?
@Yui789esss 6 днів тому
@@stripedrajang3571kinda like Starbucks in the early 2000s … you see them pop up out of nowhere 😂
@catmelvin997 19 днів тому
Buffet overvalued the few marquee brands these companies own and failed to realize that the majority of the business stems from selling lesser known branded products at a higher price point. Like if Im buying yellow plastic cheese for a bbq, i'm not gonna care whether or not theyre 'Kraft Singles' - i will literally buy whatevers cheapest. Like yes, coca cola tastes better than no name brand cola, but it gets to a point where you opt for the basics when these products become luxuries
@TheBooban 19 днів тому
Buffet thought selling food was a simple business. He didn’t know the managers are fiddling with the ingredients and quality to push profits. Like all big US companies, eventually the penny pinchers come in and profit off the reputation of what the company was before they came.
@fullcircle.organics 19 днів тому
Both are these companies are synonymous with low quality to me. If anything I skip these brands over because I know the ingredient list is full of garbage.
@holycrapchris 19 днів тому
What ketchup do you buy? Hunt's?
@adaml.5355 16 днів тому
@@holycrapchris Store brand. Organic.
@privacyvalued4134 19 днів тому
Except there's one problem: Kraft changed all of their recipes...for the worse. Kraft Mac & Cheese tastes like cardboard. Kraft Cheese Singles used to actually be cheese-like but now turns into a puddle of goo when doing a basic grilled cheese sandwich. And the flavor is off. I'm not alone in this assessment - it's universally recognized that Kraft and Heinz food is different in a bad way. Is it any wonder that no one wants to buy their food products when they've actively ruined them? Go back to the old formulations, stop using HFCS and corn syrup, stop charging through the nose for basic food supplies, and you'll get people interested again in the product line.
@noelgenoway9360 19 днів тому
So agree!!!
@kevinbarry71 19 днів тому
Absolutely correct. Somehow they don't mention the pernicious effect of a private equity owning the company. They flush it down the toilet in order to make themselves a quick buck.
@ms.b9093 19 днів тому
Kraft singles taste like plastic silly putty!
@kevinbarry71 19 днів тому
@@ms.b9093 yes, and those of us old enough remember when they didn't. And as a result we don't care anymore
@EthanJefferson-nf9cm 19 днів тому
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you... prevent inflation
@Donaldamrstong-bg3ce 19 днів тому
Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.
@EthanJefferson-nf9cm 19 днів тому
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some ‹professional advice. ‹it's totally inappropriate for investors to hang on while suffering from dip during significant
@Donaldamrstong-bg3ce 19 днів тому
You trade also?, I
@EthanJefferson-nf9cm 19 днів тому
No I don't trade on my own anymore, I always required help and assistance
@EthanJefferson-nf9cm 19 днів тому
This sounds so good and I would like to be a party to this, I there any way I can speak with her?
@zoner__ 19 днів тому
As a Berkshire shareholder I wish he had cut his losses and sold it. Terrible company. Better choice would have P&G
@480brad 19 днів тому
I grew up on all this but never buy it for my kids. I’m not even that healthy of a guy. But my kids like Annies
@wesdoobner7521 14 днів тому
Sooooooo, is now a good time to buy, sell or hold?
@Brownyman 19 днів тому
In heinzsight it wasn’t a good investment.
@jtstacey83 8 днів тому
The opening says it all. With these companies you one have you have to advertise to keep the brand in the zeitgeist of the public and the consumer of all ages, two you have to offer value, three you have to offer new products. These are basic concepts that the leadership at both companies seem to have forgotten.
@swedesam 19 днів тому
Considering how far and important humans will go to feed themselves, food stocks will forever be valuable going forward.
@marygem 19 днів тому
Junk fructose and corn syrup in ketsup. 😮 and what's even in hot dogs? Total junk food brands.
@DG-hw8it 19 днів тому
That's tomato sauce, not ketchup...🤔
@IamSnowbird 19 днів тому
Heinz Simply Ketchup uses regular sugar. It's all I use.
@MrRapmaster19 17 днів тому
They do make Simply Heinz, which has no corn syrup, and it’s so much better. I refuse to have any other kind of ketchup
@gorillashop337 19 днів тому
I grew in NYC when I younger I would that garage now the type of cheese I use is Sargento,I use Boars Head for the meats I still get craving for a NYC pizza pie
@ABC-rb5uf 19 днів тому
Heinz were amazing and pleasing shareholders over quality is what has hurt this brand.
@nicoctane1669 19 днів тому
Top brand name products have gotten to overrated. The increase price is not worth the quality you can get cheaper for.
@adiposerex5150 19 днів тому
Junk food. No wonder I have none of these brands.
@nunyobiznes 17 днів тому
You want to compete with private labels, bring back easily accessible coupons. 2 for 1, 3 for 2, that kind of stuff. You cant adjust your prices quick enough so give consumers a chance to even out the costs for their nostalgic brands. And stop getting rich people to study the habits of everyday consumers, it isn’t working
@evanmurphey 19 днів тому
All they have to do is make things not as processed and maybe taste decent and people will buy it but they’re not gonna do that ever 😂😂😂😂
@evanmurphey 19 днів тому
The cost cutting in the long run is going to cost both these companies dearly because we all notice the difference in taste and quality. No substitute for that
@ninjanerdstudent6937 18 днів тому
Ultra-processed foods, ewwww.
@munandfun 19 днів тому
so shareholder with no knowldge of fiedl are sad for their investment not growing at unlimited rate
@yoloman3607 19 днів тому
When someone says "successful" and "Burger King" in the same sentence I can't help but laugh. Burger King has been getting dunked on by other fast food chains for decades.
@EcomCarl 8 днів тому
It's clear Kraft Heinz is facing some tough challenges, but their CEO's focus on pricing discipline and providing better value shows a commitment to adapting to changing consumer preferences. It'll be interesting to see how they innovate and evolve their iconic brands in response to these trends. 💡
@introvertsrock9843 16 днів тому
While these products are still good, we need to do better in buying stuff Shop in bulk = weekly store visits can be for milk & produce?
@Bolldere 13 днів тому
The damage is already done. They fired thousands and thousands and thousands of tenured people, destroyed customer relationships, raised prices to cover unwarranted executive pay, and sold off the only natural things in the portfolio. Plant based is the biggest meme of all time at the grocery store, it doesn't sell, isn't BYND in bankruptcy? Private label will continue to grow, and retailers will just use branded to fund low margins on their PL lines with slotting fees or just margin up on branded to the point that no one will buy it.
@amandaboutourline4070 13 днів тому
Not to mention that every time Kraft acquires an existing brand, that product's quality decreases. Kraft Heinz would be wise to remember the most basic rule of producing food products: if it doesn't taste good, people won't buy it. I really miss the old taste of Lea & Perrins, Grey Poupon, etc. They are just over salted and under seasoned now that they're owned by Kraft.
@Distortic 19 днів тому
3g ran a company I worked for into the ground. Raised prices WAY outside our competition and made a pay plan that decimated take home for installers and sales. So all the talent left.
@pizzapants69 19 днів тому
Lead in Lunchables doesn’t help
@kindlee3468 19 днів тому
All JUNK RED 40
@PHlophe 19 днів тому
and its the worst of the worst
@idonisthelover 19 днів тому
& lead 🎉
@leehyunsong7001 19 днів тому
Kraft cheese is bad cheese. Period.
@ms.b9093 19 днів тому
American cheese product today is just oil with chemical flavoring, binders and preservatives! It closer to a synthetic polymer chemically than a natural food sources!
@MrBradsss 17 днів тому
No, innovation is not something required for condiments. Ketchup should always just be ketchup.
@siphotheguy1870 19 днів тому
This video is not about food industry. This video is about the obesity Industry.
@DG-hw8it 19 днів тому
You missed the Mondelez spin off....US/Europe! 😢
@duran9664 9 днів тому
❌Ketchup vending machine is the stupidest idea in the history of ideas 😒UNLESS, it starts offering more sauces options to self-build & expands to fast foods & movies theaters 🤔
@AdamStansbery 18 днів тому
Like too many companies. They didn't invest in themselves. They just kept going with cost cutting until it was too much. If you don't slow down and reinvest you will cause business problems for yourself. Too many growing small business do the same thing.
@kevinparker48 19 днів тому
Jesus christ this stuff should not be put into your body...
@PHlophe 19 днів тому
Kev, literally NONE of it . every single item in the picture is toxicity in a bottle.
@jamesc5751 7 днів тому
How much lead in all this stuff?
@Kni0002 19 днів тому
I’m disappointed that they didn’t name it Heinzkraft, inspired by Minecraft
@LowDownFox 19 днів тому
That dynasty is over.
@passurlamer 19 днів тому
Other than monopolistic market opportunities what was the point of this merger anyway?
@jimysk8er 14 днів тому
They don't have a single product that is "the best" ketchup is the closest but mostly for nostalgia and consistency. It's not difficult to make a better tasting ketchup but heinz is what people picture when they want some.
@markm0000 19 днів тому
“If it’s broke, don’t fix it.”
@geniafoster7305 19 днів тому
I despise the word consumer
@randombypasser 15 днів тому
If a company needs to appoint a Chief Growth Officer, I'm not confident as an investor in its growth prospects.
@amenemhurt8817 19 днів тому
I thought the worst bet Buffett made was Tesco back in 2006! 🙄
@Throughthelurkingglass 14 днів тому
All I want is to quell my hungry stomach, but I gotta pay out the wazoo for an elevating food experience.
@pfefferle74 18 днів тому
Turns out that when your country is dealing with an obesity epidemic, investing in a food manufacturer which is complicit in it, is not such a great idea.
@manavmishra9071 19 днів тому
All sensible investing is value investing❤
@Robis9267 15 днів тому
Ozempic effect! Buffet did not realize it at the time, once he understands it, he will dump the stock completely
@EVILBUNNY28 19 днів тому
I don’t know about in the US, but here in the UK Heinz tinned food is probably their greatest downfall. As a kid I used to practically live off the cans of ravioli, spaghetti with sausages, hoops, and spaghetti bolognese. They all used to be 3 tins for £1… now you’re lucky if you can find 1 can of ravioli for less than £3. For what would’ve bought me 9 cans just a few years ago, you can only buy 1. No wonder their stock is losing value. They’re killing themselves. No one is forking out upto a 1/4 of their hourly wage for a can of freaking pasta in tomato sauce. Not in this economical climate.
@zj7396 19 днів тому
canned spagetti?????????????????? what's wrong with western countries??????
@rickyayy 19 днів тому
Especially for highly processed food
@santostv. 19 днів тому
You Brits are also weird and you have cheap groceries. Do you buy their baked beans? In my country besides ketchup that is seen as quality, not a lot of people buy from them in my uneducated evidence, a few buy Philadelphia,capri-sun
@david_dor 19 днів тому
These brands aren't going any where. I actually am still eating my boxed Mac & Cheese since I have been old enough to. Thank you very much.
@jermunitz3020 19 днів тому
American ’food’. It’s great to see KraftHeinz fail as they’ve always profited from selling the unhealthiest junk you can imagine.
@rareblues78daddy 15 днів тому
Now we know there's lead in their food. This is on the scale of Jack In The Box and Chipotle.
@billmurray4206 19 днів тому
By beloved products you mean poisonous garbage right?
@teddyschlong9063 19 днів тому
Buy stock now guys. They'll be profitable when they release their buggy bites product line.
Business Insider
Переглядів 2,6 млн
МАЛЕНЬКИЙ ФОТО-ВИДЕО-отчёт Валерия СЁМИНА из НОВОСИБИРСКА 19 апреля 2024 года 🔥 СКОРО БОЛЬШОЙ ОТЧЁТ!
ВАЛЕРИЙ СЁМИН
Переглядів 2,1 млн
Фейгин. Смерть Соловьева, арест Шойгу, где будет наступать Россия, штурм Харькова, США нагнули Китай
В гостях у Гордона
Переглядів 827 тис.
60 Minutes
Переглядів 59 тис.
Business Insider
Переглядів 6 млн
More Perfect Union
Переглядів 891 тис.
МАЛЕНЬКИЙ ФОТО-ВИДЕО-отчёт Валерия СЁМИНА из НОВОСИБИРСКА 19 апреля 2024 года 🔥 СКОРО БОЛЬШОЙ ОТЧЁТ!
ВАЛЕРИЙ СЁМИН
Переглядів 2,1 млн