Last $58.91 USD
Change Today +0.43 / 0.74%
Volume 1.4M
KRFT On Other Exchanges
Symbol
Exchange
NASDAQ GS
Mexico
Sao Paulo
Frankfurt
As of 3:56 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

kraft foods group inc (KRFT) Snapshot

Open
$58.64
Previous Close
$58.48
Day High
$58.92
Day Low
$58.43
52 Week High
07/8/14 - $61.10
52 Week Low
02/5/14 - $50.54
Market Cap
35.0B
Average Volume 10 Days
2.0M
EPS TTM
$4.15
Shares Outstanding
594.0M
EX-Date
07/9/14
P/E TM
14.2x
Dividend
$2.10
Dividend Yield
3.57%
Current Stock Chart for KRAFT FOODS GROUP INC (KRFT)

kraft foods group inc (KRFT) Details

Kraft Foods Group, Inc. operates as a consumer packaged food and beverage company in North America and worldwide. It operates through Beverages, Cheese, Refrigerated Meals, Meals & Desserts, Enhancers & Snack Nuts, Canada, and Other Businesses segments. The company manufactures and markets refreshment beverages, liquid concentrates, packaged juice drinks, powdered beverages, coffee products, and hot beverage systems; processed cheese products; refrigerated meals, such as cold cuts, hot dogs, and bacons, as well as lunch combinations, soy-based meat alternatives, and pickles; and macaroni and cheese dinners, nuts, trail mixes and peanut butter, dry packaged desserts, and refrigerated gelatin and pudding snacks. It also offers whipped toppings, marshmallows, chocolate and baking ingredients, salad dressings, sauces, mustards, bake coatings, stuffing mixes, meal kits, and shells and cheese dinners. The company provides its products primarily under the Maxwell House, Gevalia, Yuban, Tassimo, Capri Sun, Crystal Light, Kool-Aid, and Country Time , MiO, Kraft, Cracker Barrel, Philadelphia, Deli Deluxe, Velveeta, Cheez Whiz, Polly-O, Athenos, Breakstone’s, Knudsen, Oscar Mayer, Lunchables, Claussen, Boca, Kraft Deluxe, JELL-O, Cool Whip, Stove Top, Jet-Puffed, Velveeta Cheesy Skillets, Taco Bell Home Originals, Shake ‘N Bake, Baker’s, Planters, Kraft Mayo, Miracle Whip, Good Seasons, Bull’s-Eye, Grey Poupon, and Nabob brand names. Kraft Foods Group, Inc. sells its products directly, as well as through a network of sales agencies, distributors, or other arrangements primarily to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, drug stores, value stores, and other retail food outlets. The company was formerly known as Kraft Foods Global, Inc. and changed its name to Kraft Foods Group, Inc. in March 2012. Kraft Foods Group, Inc. was founded in 1980 and is headquartered in Northfield, Illinois.

22,500 Employees
Last Reported Date: 02/21/14
Founded in 1980

kraft foods group inc (KRFT) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.0M
Executive Vice President of Strategy and Pres...
Total Annual Compensation: $921.9K
Executive Vice President and President of Che...
Total Annual Compensation: $512.2K
Executive Vice President of Corporate & Legal...
Total Annual Compensation: $1.2M
Executive Vice President of Integrated Supply...
Total Annual Compensation: $561.0K
Compensation as of Fiscal Year 2013.

kraft foods group inc (KRFT) Key Developments

Keurig Green Mountain, Inc. and Kraft Foods Group, Inc. Announce Licensing Agreement

Keurig Green Mountain, Inc. and Kraft Foods Group, Inc. announced a multi-year licensing, manufacturing, and distribution agreement for Kraft's branded coffees in Keurig(R) portion pack formats compatible with Keurig(R) consumer and commercial brewing systems in the U.S. With this new agreement, consumers in the U.S. can enjoy their favorite Kraft coffee brands, Maxwell House(R), Gevalia(R) and Yuban(R), along with McCafé(R), in a variety of licensed Keurig portion pack formats for both the at-home and away-from-home channels including: K-Cup(R) packs: brew the perfect cup of coffee, for use in Keurig K-Cup(R) Single Cup Brewers, the forthcoming Keurig 2.0 Brewing System, and available through Keurig Authorized Distributors for away-from-home channels; K-Carafe(TM) pack: a single portion pack optimized to brew four cups of coffee into a specially designed Keurig(R) carafe, exclusively for use in the Keurig 2.0 Brewing System; and Keurig Bolt(TM) pack: a single portion pack containing the right amount of coffee to brew a high-quality, fresh half-gallon pot of coffee from a single pack; exclusive for use in the Keurig(R) BOLT(TM) Carafe Brewing System and ideally suited for large office and food service locations. Keurig licensed Kraft-branded portion packs will begin to launch in fall 2014. Initially, both Kraft and Keurig will handle manufacturing for single-serving pods. Following a planned transition period, Keurig will become the exclusive manufacturer of Kraft-branded Keurig(R) packs using coffee sourced, roasted, and blended by Kraft. Keurig(R) hot system brewers use innovative brewing technology to deliver a fresh-brewed, perfect single cup of hot or brewed over ice coffee, tea, cocoa, or fruit brews every time at just the touch of a button. With the imminent launch of the next generation Keurig 2.0 Brewer, Keurig(R) consumers will be able to brew both a single cup and a carafe of coffee from a Keurig(R) brand pack. Consumers also will get the same Keurig(R) quality, simplicity and beverage choice they expect with more than 50 brands and more than 290 beverage varieties currently available, all brewed with Keurig's new beverage-optimizing brewing technology.

Kraft Foods Group, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

Kraft Foods Group, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported operating income of $874 million, earnings before income taxes of $741 million, net earnings of $482 million or $0.80 diluted per share on net revenues of $4,747 million against operating income of $1,398 million, earnings before income taxes of $1,268 million, net earnings of $829 million or $1.38 diluted per share on net revenues of $4,716 million for the same period a year ago. Net revenues increased from the prior year due to significant pricing actions in response to record-high dairy costs. For the six months, the company reported operating income of $1,778 million, earnings before income taxes of $1,529 million, net earnings of $995 million or $1.65 diluted per share on net revenues of $9,109 million against operating income of $2,207 million, earnings before income taxes of $1,954 million, net earnings of $1,285 million or $2.14 diluted per share on net revenues of $9,229 million for the same period a year ago. Operating cash flow was $640 million against $611 million for the same period a year ago. Capital expenditures were $186 million against $212 million for the same period a year ago.

Kraft Foods Group to Close the Hill Street Complex by the End of 2016, Result in the Loss of 200 Jobs

Kraft Foods Group announced that it will close the Hill Street complex by the end of 2016, a move that will result in the loss of jobs for the plant's nearly 200 employees. The company expects to shut down the gelatin production at the plant by the second quarter of 2015, and the manufacture of flavorings and other ingredients by the end of 2016. Kraft will discuss a severance package for the hourly workers with the union representing them, Local 1295 of the Office & Professional Employees International Union. Kraft's decision to close the plant comes despite millions that the company has invested in equipment and capital upgrades to reduce odors from the plant that have prompted persistent complaints from neighbors.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KRFT:US $58.92 USD +0.4399

KRFT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ConAgra Foods Inc $32.20 USD +0.065
Danone SA €53.14 EUR -0.20
General Mills Inc $53.41 USD +0.215
Kellogg Co $64.97 USD +0.22
Starbucks Corp $77.80 USD -0.015
View Industry Companies
 

Industry Analysis

KRFT

Industry Average

Valuation KRFT Industry Range
Price/Earnings 14.5x
Price/Sales 1.9x
Price/Book 6.4x
Price/Cash Flow 14.3x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KRAFT FOODS GROUP INC, please visit www.kraftfoodsgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.