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Philadelphia Cream Cheese, Mike’s Hot Honey launch sweet-heat flavor at Walmart

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Philadelphia Cream Cheese, Mike’s Hot Honey launch sweet-heat flavor at Walmart

Philadelphia cream cheese is tapping into Americans’ growing appetite for sweet-and-spicy foods with a new product developed alongside Mike’s Hot Honey.

Kraft Heinz said Philadelphia Mike’s Hot Honey Whipped Cream Cheese, which combines the brand’s whipped cream cheese with chili pepper-infused honey, has launched exclusively at Walmart stores. The product is expected to expand to additional retailers nationwide in January 2027.

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The launch comes as Kraft Heinz puts greater emphasis on product innovation and marketing in an effort to get consumers buying more of its brands. 

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Cream cheese and a bagel on a table.

Philadelphia Mike’s Hot Honey Whipped Cream Cheese has launched exclusively at Walmart stores. (Kraft Heinz)

The food giant is investing about $700 million in those efforts this year as it works to improve sales and market share amid continued pressure on consumer demand, Reuters reported in August.

Kraft Heinz said sweet-and-spicy offerings on food menus have increased nearly 230% over the past four years, with demand particularly strong among millennials and Gen Z.

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The launch comes as Kraft Heinz puts greater emphasis on product innovation and marketing. (Jakub Porzycki/NurPhoto via Getty Images)

“Philadelphia has set the cream cheese standard for over 150 years, and staying at the forefront means continuing to evolve with the way people eat and the flavors they crave,” said Maddy Zingle, vice president of marketing at Philadelphia cream cheese.

Ticker Security Last Change Change %
KHC THE KRAFT HEINZ CO. 24.73 +0.46 +1.90%

The partnership also has an early connection to Mike’s Hot Honey founder Mike Kurtz. When launching the hot honey brand in 2010, Kurtz sampled his sweet-and-spicy blend on blocks of Philadelphia cream cheese.

Kraft

The new products arrive as Kraft Heinz seeks to generate more volume growth. (Getty Images)

Philadelphia is also expanding its flavor lineup with Cranberry Orange Cream Cheese, a limited-time seasonal offering, and Salted Caramel Cream Cheese, which will become a permanent addition to the brand’s portfolio.

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The new products arrive as Kraft Heinz seeks to generate more volume growth, particularly in North America, where consumers have remained cautious and the company has faced softer demand in several categories. Kraft Heinz reported second-quarter sales of $6.26 billion, down 1.4% from a year earlier, though the result topped Wall Street expectations.

Reuters contributed to this report. 

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What Old-School Chart Analysis and Gamma Exposure Tell Us About QQQ This Fed Week

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What Old-School Chart Analysis and Gamma Exposure Tell Us About QQQ This Fed Week
Chart by energepic_com via Pexels
Chart by energepic_com via Pexels

With a loaded calendar this week that includes the September Fed meeting, housing sector data and earnings, and more headlines out of the US-Iran war that should keep energy prices front and center, traders should be ready for high-volatility equity moves.

Old-school market analysis tells us that new 4-week highs and lows act as key pivot points for price action. This week’s 4-week low for the Invesco QQQ Trust (QQQ), which proxies the benchmark Nasdaq-100 Index ($IUXX), comes in at 702.70.

More News from Barchart

A QQQ close below this level brings into play a move down to the 690-688 area, and raises the prospect of a challenge of the July low close at 661.73.

Weekly QQQ chart.

September standard options expiration is upon us this week, too, which means it’s particularly timely to layer in some options market analysis. 

QQQ is currently in negative gamma exposure, and there’s a large accumulation of put open interest at the 690 strike – underscoring the significance of this level in the short term, as suggested by the technical analysis.

QQQ gamma exposure this week.

For a simple explainer on options gamma and how gamma exposure (GEX) moves asset prices, check out this quick video clip from our official YouTube channel.

– John Rowland, CMT, is Barchart’s Senior Market Strategist and host of Market on Close.

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On the date of publication, Barchart Insights did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

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SL Green Realty Corp. (SLG) Presents at BofA NY Global Real Estate Conference 2026 Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript