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Kraft to delay second-quarter earnings filing

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Shares of Kraft Heinz fell today after it said it was delaying its quarterly filing and disclosed write-downs of $1.22 billion. Tom Farley, former NYSE president and current chairman and CEO of Far Point, joins SquawkCNBC with his analysis.

Shares of Kraft Heinz fell 7% on Thursday, after it said it was delaying its quarterly filing and disclosed write-downs totaling $1.22 billion. CNBC's "Squawk Box" reports and Tom Farley, former NYSE president and current chairman and CEO of Far Point, joins with his analysis.

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SquawkCNBC Goodwill hunting would be a good description of KHC right now.

SquawkCNBC I just bought all I could get my hands on, Kraft will come back, everyone loves their products

SquawkCNBC There is nothing to analyze. 3G is an Access Power, a company that makes money imitating successful ideas in its home market, Brazil. And everyone is hired for good looks. andrewrsorkin knows this kind. The failure was a question of when, not if. KraftHeinz $KHC

SquawkCNBC Warrant buffet anyone?

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