Kraft Heinz will transfer its listing from the Nasdaq stock exchange to the New York Stock Exchange, it told investors this afternoon.
The CPG giant’s stock will trade on the NYSE from 14 September 2026, under its existing ticker symbol KHC.
While roughly comparable in size to the Nasdaq, the NYSE is traditionally seen as the home of older, more stable blue-chip companies, whereas Nasdaq is known for hosting mega-cap tech firms.
“We believe the NYSE is a natural home for Kraft Heinz,” said CEO Steve Cahillane.
Calling the move an “exciting milestone” in the group’s transformation, he said the NYSE listing was reflective of the “strength of [Kraft Heinz’s] iconic portfolio, global scale, and focus on creating long-term shareholder value”.
Kraft Heinz currently has a market cap of $29.8bn, at $25.21 per share. Positive trading momentum – represented in a slowing decline in sales – has helped revive shares from a low of $21.21 in March 2026.
The group raised its annual sales forecast in August 2026, and now expects organic sales to fall between 0.5% to 2% in 2026, compared with its previous estimate of a 1.5% to 3.5% decline.
Cahillane, who joined the group as CEO in January 2026, scrapped plans to break up the consumer giant, and launched a $600m investment plan to revitalise its brands and stem volume losses.
“We have seen that our brands respond well when we invest behind them,” he told investors in the wake of August’s results.
“By accelerating these investments, we position the business even more favorably as we enter 2027.”
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