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The Investor Relations website contains information about The Kraft Heinz Company's business for stockholders, potential investors, and financial analysts.
Quarterly report which provides a continuing view of a company's financial position
Q4 2022 Financial Summary. Net sales increased 10.0 percent versus the year-ago period to $7.4 billion, including a positive 7.1 percentage point impact from a 53rd week, a negative 4.6 percentage point impact from divestitures and acquisitions, and a negative 2.9 percentage point impact from currency.
Fourth Quarter Highlights. Net sales decreased 7.1%, including a negative 6.1pp impact from a 53rd week in the prior year; Organic Net Sales decreased 0.7%. Gross profit margin increased 180 basis points to 33.8%; Adjusted Gross Profit Margin increased 260 basis points to 34.8%.
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Jul. 27, 2022-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the second quarter of 2022 that reflected strong price realization and resilient demand.
These factors, together with lower capital expenditures versus the prior year period, resulted in Free Cash Flow(1) of $4.3 billion in 2020, up 55.5 percent versus the prior year. Outlook. The Company continues to expect it will deliver 2021 financial performance ahead of its strategic plan.
Q3 2021 Financial Summary. Net sales decreased 1.8 percent versus the year-ago period to $6.3 billion, including a negative 4.0 percentage point impact from the divestiture of the Company's nuts business, which closed in the second quarter of 2021, and a favorable 0.9 percentage point impact from currency.
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Feb. 13, 2020-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported fourth quarter and full year 2019 financial results.
Outlook. The Company continues to expect strong financial performance for 2022 and reaffirms 2022 Organic Net Sales (2) growth of a high-single-digit percentage increase versus the prior year period. The Company has also raised the lower end of its expected 2022 Adjusted EBITDA (2) range.
unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms. As global citizens, we’re dedicated to making a sustainable, ethical impact while helping to feed the world in healthy, responsible ways.