1| Non-GAAP financial measure. See the accompanying Non-GAAP Information and Reconciliations at ir.kraftheinzcompany.com/events-and-webcasts. Generated Accelerated Profitable Growth in 2023… Impact from 53 rd week in 2022 KraftHeinz 5 Increased FY investments in SG&A and CapEx by +$424 million vs PY Q4 2023 Business Update 6 Peer Group Kraft Heinz 1-Year 3-Year (13%) (5%) 8% 20% Total Shareholder Return1 Q4 2023 Business Update KraftHeinz 1| Peer set includes CPB, CAG, GIS, HRL, HSY, K, KDP, KO, MDLZ, MKC, ...

The Kraft Heinz Company (NASDAQ:KHC) Q4 2023 Q&A Earnings Conference Call February 14, 2024 9:00 AM ET Anne-Marie Megela - Head of Global Investor Relations Andre Maciel - Executive Vice President and Global Chief Financial Officer Andrew Lazar - Barclays Stephen Powers - Deutsche Bank Pamela Kaufman - Morgan Stanley John Baumgartner - Mizuho Securities Good day and thank you for standing by. Welcome to the Kraft Heinz Company Fourth Results Conference Call. At this time all participants are in a listen-onl ...

Kraft Heinz Co (NASDAQ:KHC) stock is headed for its worst day since January 2023, down 5.3% at $34.22 at last glance. The food and beverage giant posted mixed fourth-quarter results, missing revenue expectations while earnings came in slightly better than anticipated, and a disappointing annual sales forecast. Inflation appears to be pinching demand, as customers look for deals elsewhere. Today's negative price action has KHC breaking below its 80-day moving average for the first time since November, as wel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-37482 The Kraft Heinz Company (Exact name of registrant as specified in its charter) (State or other jurisdicti ...

The Kraft Heinz Company (KHC) posted soft fourth-quarter 2023 results, as both the top and bottom lines declined year over year, and the top line came below the Zacks Consensus Estimate.The overall industry witnessed headwinds stemming from the ongoing consumer landscape during the fourth quarter. However, KHC expects these to subside going forward, especially due to the lapping of lower SNAP benefits.Management remains impressed with its overall 2023 performance, wherein it delivered sales in each of its t ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Kraft Heinz (KHC) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.30%. A quarter ago, it was expected that this the processed food company with dual headquarters in Pittsburgh and Chicago would post earnings of $0.66 per share when it actually produced earnings of $0.72, delivering ...

Shares of Kraft Heinz Co. KHC were little changed premarket trading Wednesday, food, condiment and beverage company topped fourth-quarter profit expectations but fell short on sales, as volume fell more than prices increased. Net income declined to $757 million, or 61 cents a share, from $890 million, or 72 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 78 cents was above the FactSet consensus of 77 cents. Sales declined 7.1% to $6.86 billion, below the F ...

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) announced today that the Company’s Board of Directors declared a regular quarterly dividend of $0.40 per share of common stock payable on March 29, 2024, to stockholders of record as of March 8, 2024. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2023 net sales of approx ...

The Kraft Heinz Company (KHC) is likely to register top and bottom-line decline when it reports fourth-quarter 2023 earnings on Feb 14. The Zacks Consensus Estimate for quarterly revenues is pegged at $7 billion, indicating a decline of 5.6% from the prior-year quarter’s reported figure. The consensus mark for 2023 revenues is pinned at $26.8 billion, implying growth of 1% from the year-ago period’s reported actuals.The Zacks Consensus Estimate for quarterly earnings has moved down 9.4% to 77 cents per shar ...