Kraft Heinz and Why The D2C Revolution May Be Bigger Than You Think


This post is by Ezra Galston from BreakingVC


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Late last week, Kraft-Heinz, one of the largest global food conglomerates reported disappointing earnings, admitted to an SEC investigation, and wrote down the value of a couple of its iconic brands. The market responded by dumping their stock 30% – the single largest daily drop in its history – wiping out ~$15B of market value. […]