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Buffett Holds Steady as Kraft Heinz Preps for Split
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Subscribe17 JUL 2025 / FINANCE
Kraft Heinz, once a notable asset in Warren Buffett's portfolio, is preparing to split its business. The struggling company plans to spin off its slower-growing grocery unit, retaining its higher-margin "Taste Elevation" assets, as it grapples with a 70% share price drop since 2017, largely due to shifting consumer tastes and dwindling innovation.
Even Warren Buffett occasionally gets served a cold one, and this time, it’s slathered in ketchup. Kraft Heinz, once the pride of the pantry and a crown jewel of Buffett’s portfolio, is now sizzling low. And as investors seek a lifeline, the company is pr...
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