Despite the potential profit boost, a lack of brand investments plaguing Kraft Heinz's top line.
The main headline to emerge from narrow-moat Kraft Heinz’s first-quarter results surrounded the stalled trajectory of margin gains. Adjusted gross margins held flat around 36%, as commodity cost tailwinds (particularly coffee and meat costs) reversed, in line with our prior contention that deflationary conditions were unlikely to persist in the longer term. Further, while still towering above its peer set, reported operating margins ticked up just 100 basis points to 24%, materially above the mi...Kraft Heinz is a food and beverage company. The company manufactures and markets food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee, and other grocery products throughout the world. The company has three reportable segments defined by geographic region: United States, Canada, and Europe, Middle East, and Africa. The company's remaining businesses are combined and disclosed as Rest of World. Rest of World comprises two operating segments: Latin America and Asia Pacific.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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