Heinz News & Events
Heinz Enters Agreement to Acquire Foodstar, a Leading Brand Name Producer of Soy Sauces and Fermented Bean Curd, to Accelerate its Growth in China
Mon, 21 Jun 2010 12:00:00 UT
PITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today that it has signed an agreement to acquire Foodstar, a leading manufacturer of soy sauces and fermented bean curd in China, from Transpac Industrial Holdings Ltd., a private equity holding company, and various Transpac Funds. The acquisition of Foodstar would increase Heinz’s annual sales in China to about $300 million and enable Heinz to enter the nation’s fast-growing $2 billion retail soy sauce market. The purchase pri...
Heinz Reports Strong Fiscal 2010 Results with Record Sales of $10.5 Billion, Record Operating Free Cash Flow of Almost $1.1 Billion and Fourth-Quarter Total Company Net Income Growth of 9.8%
Thu, 27 May 2010 10:34:00 UT
PITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ): Fiscal 2010 Full-Year Results – Continuing Operations Sales grew 4.8% to a record $10.5 billion Organic sales growth (volume plus price) of 2.1% Top 15 brands grew 3.4% on an organic basis (5.7% reported) Emerging Markets delivered 15.3% organic sales growth (10.2% reported) Marketing investments increased by more than 25% EPS from continuing operations increased 9.3% on a constant currency basis, down 1.4% reported Record operating fre...
Heinz Board Increases Common Stock Dividend by 12 Cents Resulting in a New Annualized Rate of $1.80 Per Common Share
Thu, 27 May 2010 10:33:00 UT
PITTSBURGH--(BUSINESS WIRE)--The H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared quarterly dividends on both common and preferred stock. The common stock dividend will be raised from 42.0 cents to 45.0 cents quarterly for all shareholders of record as of June 24, 2010, payable July 10, 2010. The new annualized dividend is $1.80, which represents an increase of $0.12, or 7.1%, versus last year’s dividend. Including today’s announcement, Heinz has increased the d...
H.J. Heinz Company to Review Fiscal 2010 Results and Fiscal 2011 Outlook at Investor and Analyst Meeting on May 27
Thu, 13 May 2010 18:50:00 UT
PITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today a meeting with investors and analysts on Thursday, May 27 in Pittsburgh to discuss its global businesses and brands, growth strategy, Fiscal 2010 results and outlook for Fiscal 2011. The meeting runs from 8 a.m. – 4 p.m. Eastern Daylight Time. The meeting will be hosted by William R. Johnson, Chairman, President and CEO and will include presentations showcasing Heinz’s global businesses and functions. There will be questi...
Heinz Promotes Karen Alber to SVP, Chief Information Officer and Global Program Management Officer
Thu, 13 May 2010 14:51:00 UT
PITTSBURGH--(BUSINESS WIRE)--The H.J. Heinz Company (NYSE:HNZ) announced today that Karen Alber has been promoted to Senior Vice President, Chief Information Officer and Global Program Management Officer and is named to the Office of the Chairman (OOC), which is the most senior policy-making executive management group in the Company led by William R. Johnson, Heinz's Chairman, President and CEO. As an OOC member, Ms. Alber will lead the newly established Program Management Office, which will foc...
Heinz Announces Winners in 2010 Ketchup Creativity Contest
Thu, 8 Apr 2010 13:00:00 UT
PITTSBURGH--(BUSINESS WIRE)--The votes have poured in and the anticipation is over for the 12 winners in the annual Heinz Ketchup Creativity™ Contest. Out of tens of thousands of entries, pop artist Burton Morris and a panel of judges narrowed the field to 36 finalists. America determined the winners in an online vote and from those 12 winners, a grand prize winner has been chosen. Heinz Ketchup lovers across the U.S. will be able to see grand prize winner Jordan De La Rosa’s artwork on 20 milli...
Lucy Liu Takes on Role as Spokesperson for the Heinz Micronutrient Campaign to Help Malnourished Infants and Children
Mon, 22 Mar 2010 15:14:00 UT
PITTSBURGH--(BUSINESS WIRE)--Lucy Liu is tackling a new role as the spokesperson for the Heinz Micronutrient Campaign, a groundbreaking non-profit program that is combating life-threatening vitamin and mineral malnutrition and iron-deficiency anemia among infants and children in developing countries. “As an advocate for children’s health, I am proudly teaming up with the Heinz Micronutrient Campaign to battle the hidden hunger of micronutrient malnutrition and iron-deficiency anemia,...
Heinz Ketchup Creativity™ Contest Spreads Excitement in Announcing Finalists
Mon, 22 Mar 2010 14:02:00 UT
PITTSBURGH--(BUSINESS WIRE)--Heinz Ketchup is spreading the excitement with the announcement of the finalists in the annual Heinz Ketchup Creativity™ Contest. Tens of thousands of colorful entries poured in for this year’s contest, and celebrity pop artist Burton Morris and a panel of judges have narrowed the field to 36 talented finalists. It’s up to America to vote for their favorite ketchup packet designs at www.KetchupCreativity.com. This year’s contest and prizes are...
Heinz Declares Quarterly Dividend
Wed, 10 Mar 2010 14:53:00 UT
PITTSBURGH--(BUSINESS WIRE)--The H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared quarterly dividends on both common and preferred stock. DIVIDEND DECLARATION The Heinz Board declared the following dividends: Common Stock 42 cents per share on the Company’s 25 cent par value Common Stock payable on April 10, 2010 to shareholders of record at the close of business on March 24, 2010. Preferred Stock 42.5 cents per share on the Company’s Third Cumulativ...
Heinz Reports Strong Third-Quarter Results with EPS from Continuing Operations up 9% to $0.83
Thu, 25 Feb 2010 12:30:00 UT
PITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ): Third-Quarter FY10 Highlighted Results from Continuing Operations: Reported sales grew almost 13% to $2.68 billion Emerging Markets delivered more than 15% organic sales growth (18% reported) Top 15 brands generated better than 5% organic sales growth (15.2% reported) 19th consecutive quarter of organic sales growth (3%) Gross profit margin improved 180 basis points Marketing investments increased 41% Operating income grew approximately...