SEC flags Kraft Heinz (KHC) impairment disclosure - should investors expect more impairment charges?
The Securities and Exchange Commission (SEC) issued a comment letter to Kraft Heinz (KHC) on October 24, 2023, inquiring whether a decline in Kraft Heinz’s market capitalization and stock price should have triggered interim goodwill and intangibles impairment testing for the six months ended July 1, 2023.
Let's delve into Kraft Heinz's goodwill and intan…