Subject: KHC,
" It has been a rocky quarter for Kraft Heinz (NASDAQ:KHC). We initiated coverage of the stock at the end of May when the price was ~$35. It has since gone down to $32 and recovered back to the initial level.

We were bullish on Kraft at the time due to the growth in their Accelerate platform as well as pricing momentum paired with margin improvement.

The positive pricing momentum seems to have abated recently, and Kraft Heinz is likely to face negative pricing in H2, which will also put pressure on margins."

https://seekingalpha.com/artic...