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Berkshire Hathaway earnings take $3.8bn hit from Kraft Heinz stake writedown
Berkshire said it had slashed the carrying value of its 27.4 per cent stake in Kraft Heinz to $8.4bn, from $13.5bn at the end of the first quarter, a roughly $5bn impairment. It noted the hit reduced its total earnings after taxes by $3.8bn, according to the quarterly statement.
Berkshire Hathaway didn’t just report earnings this quarter; it sent a clear message. In Q2 2025, Warren Buffett’s timeless ...
The Kraft Heinz Company ( NASDAQ: KHC) traded lower on Monday after Berkshire Hathaway ( BRK.A) (BRKB) recorded a substantial ...
The 94-year-old billionaire investor doesn’t often miss, but this rare disappointment has weighed heavily on his empire.
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s ...
Berkshire said the 12 per cent quarterly decline in insurance underwriting profit stemmed primarily from reinsurance ...
Berkshire marked down its carrying value of the Kraft Heinz stake to US$8.4 billion at the end of June. Read more at ...
Second-quarter results show Berkshire Hathaway saw soft second-quarter insurance profits but builds a huge cash horde.
Kraft Heinz CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...
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