Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Kraft has the larger retirement plans of the two, by far. As of the end of 2014, Kraft, which has 22,000 employees, projected its defined benefit pension obligation to be $8.3 billion.

Kraft Heinz, TGI Fridays extend frozen appetizers deal Kraft Heinz backs FY24 adjusted EPS view $3.01-$3.07, consensus $3.04 Kraft Heinz reports Q1 adjusted EPS 69c, consensus 69c SHARE THIS POST ...

"Our members will take a huge hit on prescriptions." Read: Specialty drug costs to jump 23% Kraft Heinz is also trying to shift some retirees away from pension plans under a voluntary program.

The Kraft Heinz Company (NKHC) reported a 6.4% decline in revenue during Q1 to $6.00 billion. Organic sales fell 4.7% during the quarter to miss the consensus expectation for a drop of 4.4% ...

Kraft Heinz contributed $311 million to its U.S. pension plans in 2016, which included contributions related to the settlement of a non-qualified pension plan that was terminated effective Dec. 31 ...