{"id":2470325,"date":"2025-08-03T17:25:01","date_gmt":"2025-08-03T21:25:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/berkshire-hathaway-writes-down-kraft-heinz-investment\/"},"modified":"2025-08-03T17:26:35","modified_gmt":"2025-08-03T21:26:35","slug":"berkshire-hathaway-writes-down-kraft-heinz-investment","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/berkshire-hathaway-writes-down-kraft-heinz-investment\/","title":{"rendered":"Berkshire Hathaway writes down Kraft Heinz investment"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fberkshire-hathaway-writes-down-kraft-heinz-investment%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2470325&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Berkshire Hathaway reported a $3.76 billion write-down on its investment in Kraft Heinz during the second quarter, acknowledging that the initial valuation of the food conglomerate was too high and is now being adjusted. Berkshire Hathaway owns over 27% of Kraft Heinz shares. This write-down contributed to a 4% decrease in Berkshire hathaway&#8217;s quarterly operating profit, even tho the company still holds over $344 billion in cash. Kraft Heinz, known for brands like Oscar Mayer, Kool-Aid, and Jell-O, has been reformulating its products for healthier alternatives, such as <a href=\"https:\/\/amzn.to\/3YuVZYV\" >removing artificial dyes-switching<\/a> to natural colorants like turmeric and paprika. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/amazons-grocery-business-has-become-an-expensive-hobby\/\" title=\"Amazon\u2019s Grocery Business Has Become an \u201cExpensive Hobby\u201d\">company announced plans<\/a> to eliminate all <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/heinz-rolls-out-plan-to-halt-use-of-food-dyes-in-two-years\/\" title=\"Heinz rolls out plan to halt use of ... in two years\">chemical dyes<\/a> from its products by 2027, with 90% already dye-free. Recently, Berkshire Hathaway representatives resigned from Kraft Heinz&#8217;s board. Kraft Heinz also met with Health and Human Services officials as part of efforts to reduce food additives, aligning with the &#8220;Make America Healthy Again&#8221; initiative.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Berkshire Hathaway writes down Kraft Heinz investment<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2184307\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Berkshire Hathaway reported a $3.76 billion write-down for its shares in Kraft Heinz during its second quarter.<\/p>\n<p>This write-down <a href=\"https:\/\/apnews.com\/article\/warren-buffett-berkshire-hathaway-profit-kraft-7b3dfc69c5ffcb9b50ecd2f37ec766f0\" target=\"_blank\" rel=\"noopener\" title=\"reveals\">reveals<\/a> Berkshire Hathaway&rsquo;s admission that its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lapd-will-not-seek-charges-against-some-people-it-arrests-instead-taking-them-to-social-services\/\" title=\"LAPD Will Not Seek Charges Against Some People It Arrests, Instead Taking Them To Social Services\">initial investment<\/a> into the food conglomerate was overvalued and is now correcting course. <a href=\"http:\/\/washingtonexaminer.com\/tag\/berkshire-hathaway\" target=\"_blank\" rel=\"noopener\" title=\"reveals\">Berkshire Hathaway<\/a> holds over 27% of all Kraft Heinz shares.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/education\/3487121\/parents-refusing-to-buy-school-supplies-ignite-heated-back-to-school-debate\/\">Parents refusing to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/parents-refusing-to-buy-school-supplies-ignite-heated-back-to-school-debate-washington-examiner\/\" title=\"Parents refusing to buy school supplies ignite heated back-to-school debate - Washington Examiner\">buy school supplies ignite heated back-<\/a>to-school debate<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3486957\/gay-san-francisco-supervisor-criticism-repeal-equal-benefits-law\/\">Openly gay San Francisco supervisor faces criticism after suggesting repeal of equal benefits law<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3484928\/ford-auto-tariffs-3-billion-dollar-loan-big-three-struggles\/\">Ford secures $3 billion loan amid Big Three&rsquo;s struggles with tariff uncertainty<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>As a result, Berkshire Hathaway reported a 4% decrease in quarterly operating profit. The holding company still totes over $344 billion in cash.<\/p>\n<p>Heinz sold its shares to Berkshire Hathaway in 2013, two years before the food company merged with Kraft. Ever since, the company has altered its food products for healthier alternatives.&nbsp;<\/p>\n<p>For example, Kraft Heinz removed dyes from its Kraft Mac and Cheese, switching to turmeric and paprika for its orange color in 2016.<\/p>\n<p>Kraft Heinz <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3444118\/heinz-artificial-dyes-halt-use-of-food-dyes\/\" target=\"_blank\" rel=\"noopener\" title=\"\">announced<\/a> last month that it will put an end to chemical dyes in all its products by 2027. According to the company&rsquo;s sales data, 90% of its products are already free of dyes.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3444118\/heinz-artificial-dyes-halt-use-of-food-dyes\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>HEINZ ROLLS OUT PLAN TO HALT USE OF FOOD DYES IN TWO YEARS<\/strong><\/a><\/p>\n<p>Before this announcement, Berkshire Hathaway employees resigned from the Kraft Heinz board.<\/p>\n<p>Kraft Heinz, the parent company of brands like Oscar Mayer, Kool-Aid, and Jell-O, met with Health and Human Services Secretary <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/robert-f-kennedy-jr\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Robert F. Kennedy Jr.<\/a> in March, along with other food companies. The meeting centered on reducing food additives in products &mdash; a pillar of the &ldquo;Make America Healthy Again&rdquo; movement.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2184307\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2184307\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berkshire Hathaway cuts Kraft Heinz stake by $3.76B loss<\/p>\n","protected":false},"author":2631,"featured_media":2470326,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2023\/11\/5eed13ce0567564635316f41d119f93c-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[60542,38935,60543,57428,35133],"class_list":["post-2470325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-berkshire-hathaway","tag-financial-loss","tag-investment-write-down","tag-kraft-heinz-2","tag-stock-market"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2023\/11\/5eed13ce0567564635316f41d119f93c-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2470325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2631"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2470325"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2470325\/revisions"}],"predecessor-version":[{"id":2470329,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2470325\/revisions\/2470329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2470326"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2470325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2470325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2470325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}