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

Kraft Heinz shares declined Wednesday after the troubled packaged food provider said that it has been looking into possible deals to boost its business, and had a shakeup in its board.

For the first quarter of fiscal 2025 ended March 29, Kraft Heinz’s net income fell 11% to $712 million from $801 million during the first quarter of fiscal 2024. Quarterly sales fell 6.4% to $5. ...

Kraft Heinz May Enjoy a Valuation Re-Rating Post Transactions The company carries total debt of around $21.6 billion, which includes both short and long-term debt.