Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Leading Provider of Equity and Investment Research

GSBR Research

We are an independent equity research provider focused on covering global markets. The aim of the research is to provide an unbiased view of the fundamentals of the company.

Event-Driven

<ul>
<li>Kraft Heinz will separate into two independent publicly-traded companies via a tax-free spin-off  expected to close in H2 2026</li>
<li>The two entities : Global Taste Elevation Co. focusing on sauces, spreads, seasonings, shelf-stable meals and North American Grocery Co.  centered on staples sold in North America</li>
<li>The move is designed to disentangle distinct brand portfolios, so each can pursue clearer growth, margin and capital-allocation strategies.</li>
</ul>


Kraft Heinz will separate into two independent publicly-traded companies via a tax-free spin-off  expected to close in H2 2026
The two entities : Global Taste Elevation Co. focusing on sauces, spreads, seasonings, shelf-stable meals and North American Grocery Co.  centered on staples sold in North America
The move is designed to disentangle distinct brand portfolios, so each can pursue clearer growth, margin and capital-allocation strategies.


Kraft Heinz (Nasdaq: KHC) To Separate into Two Businesses Via a Tax-Free Spin-Off

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The Kraft Heinz Company reported a first quarter performance characterized by a combination of positive operational progress and ongoing challenges.</li><li>Management highlighted adjustments to its portfolio strategy, notably reclassifying certain categories: frozen foods were downgraded from a "Win Big" to a "Hold" position, reflecting more cautious growth prospects; hydration offerings, driven by brands such as Capri Sun, were upgraded to "Win Big" due to strong category growth and product innovation; and cheese moved from "Hold" to "Win" based on favorable margins and brand strength.</li><li>These portfolio shifts suggest a strategic focus on areas with higher expected returns while acknowledging headwinds in slower-growth segments.</li></ul>

The Kraft Heinz Company reported a first quarter performance characterized by a combination of positive operational progress and ongoing challenges.Management highlighted adjustments to its portfolio strategy, notably reclassifying certain categories: frozen foods were downgraded from a "Win Big" to a "Hold" position, reflecting more cautious growth prospects; hydration offerings, driven by brands such as Capri Sun, were upgraded to "Win Big" due to strong category growth and product innovation; and cheese moved from "Hold" to "Win" based on favorable margins and brand strength.These portfolio shifts suggest a strategic focus on areas with higher expected returns while acknowledging headwinds in slower-growth segments.

Can The Kraft Heinz Company Offset SNAP Pressure With Productivity And Pricing Discipline?

<ul><li>There are two ways to read the recent Kraft Heinz story.</li><li>The first is the obvious one.</li><li>The company reportedly held talks tied to a possible combination involving part of its food portfolio and Unilever’s food business.</li></ul>

There are two ways to read the recent Kraft Heinz story.The first is the obvious one.The company reportedly held talks tied to a possible combination involving part of its food portfolio and Unilever’s food business.

Did Kraft Heinz Need A Merger—Or Just A Very Public Strategic Rethink?

<ul><li>The Kraft Heinz Company recently reported its financial results for the fourth quarter of 2025, providing insights into its strategic priorities and financial performance.</li><li>The earnings call revealed a mixed performance, characterized by both challenges and opportunities within the company's portfolio.</li><li>Kraft Heinz management acknowledged that the company has been underinvested in its brands, a recognition dating back to new CEO Steven Cahillane’s assessment upon joining the company.</li></ul>

The Kraft Heinz Company recently reported its financial results for the fourth quarter of 2025, providing insights into its strategic priorities and financial performance.The earnings call revealed a mixed performance, characterized by both challenges and opportunities within the company's portfolio.Kraft Heinz management acknowledged that the company has been underinvested in its brands, a recognition dating back to new CEO Steven Cahillane’s assessment upon joining the company.

Kraft Heinz Is Rebuilding Consumer Trust After Price Hikes—Can Smarter Promotions Drive Volume Growth?

<ul><li>Kraft Heinz has abruptly paused its high-profile plan to split the company in two, marking a sharp strategic pivot under newly appointed CEO Steve Cahillane.</li><li>Just months after management outlined a breakup separating its faster-growing condiments business from its slower North American grocery portfolio, the company has decided to halt the separation and instead double down on reinvestment.</li><li>Cahillane, who took over on January 1, argues that the opportunity to fix the core business is larger and more immediate than previously assumed.</li></ul>

Kraft Heinz has abruptly paused its high-profile plan to split the company in two, marking a sharp strategic pivot under newly appointed CEO Steve Cahillane.Just months after management outlined a breakup separating its faster-growing condiments business from its slower North American grocery portfolio, the company has decided to halt the separation and instead double down on reinvestment.Cahillane, who took over on January 1, argues that the opportunity to fix the core business is larger and more immediate than previously assumed.

Kraft Heinz Chooses Repair Over Divide—Can It Bend The Sales Trend By 2027?

United States

The Kraft Heinz Company provides food services. The Company offers foods including ketchup, sauces, meals, snacks, and other food products.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Kraft Heinz Co (KHC US)

Kraft Heinz (Nasdaq: KHC) To Separate into Two Businesses Via a Tax-Free Spin-Off

Kraft Heinz to split into two companies in 2026 to focus on distinct brand portfolios and growth strategies. The transaction expected to close in...

GSBR Research

Can The Kraft Heinz Company Offset SNAP Pressure With Productivity And Pricing Discipline?

The Kraft Heinz Company reported a first quarter performance characterized by a combination of positive operational progress and ongoing...

Baptista Research

Did Kraft Heinz Need A Merger—Or Just A Very Public Strategic Rethink?

There are two ways to read the recent Kraft Heinz story. The first is the obvious one. The company reportedly held talks tied to a possible...

Baptista Research

Kraft Heinz Is Rebuilding Consumer Trust After Price Hikes—Can Smarter Promotions Drive Volume Growth?

The Kraft Heinz Company recently reported its financial results for the fourth quarter of 2025, providing insights into its strategic priorities...

Baptista Research

Kraft Heinz Chooses Repair Over Divide—Can It Bend The Sales Trend By 2027?

Kraft Heinz has abruptly paused its high-profile plan to split the company in two, marking a sharp strategic pivot under newly appointed CEO Steve...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Kraft Heinz (Nasdaq: KHC) To Separate into Two Businesses Via a Tax-Free Spin-Off

​Kraft Heinz to split into two companies in 2026 to focus on distinct brand portfolios and growth strategies. The transaction expected to close in...

GSBR Research

Can The Kraft Heinz Company Offset SNAP Pressure With Productivity And Pricing Discipline?

The Kraft Heinz Company reported a first quarter performance characterized by a combination of positive operational progress and ongoing...

Baptista Research

Did Kraft Heinz Need A Merger—Or Just A Very Public Strategic Rethink?

There are two ways to read the recent Kraft Heinz story. The first is the obvious one. The company reportedly held talks tied to a possible...

Baptista Research

Kraft Heinz Is Rebuilding Consumer Trust After Price Hikes—Can Smarter Promotions Drive Volume Growth?

The Kraft Heinz Company recently reported its financial results for the fourth quarter of 2025, providing insights into its strategic priorities...

Baptista Research

Kraft Heinz Chooses Repair Over Divide—Can It Bend The Sales Trend By 2027?

Kraft Heinz has abruptly paused its high-profile plan to split the company in two, marking a sharp strategic pivot under newly appointed CEO Steve...

Baptista Research

Kraft Heinz to split into two companies in 2026 to focus on distinct brand portfolios and growth strategies. The transaction expected to close in...