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The Investor Relations website contains information about The Kraft Heinz Company's business for stockholders, potential investors, and financial analysts.
Gross profit margin increased 180 basis points to 33.8%; Adjusted Gross Profit Margin increased 260 basis points to 34.8%. Net income decreased 14.6%; Adjusted EBITDA decreased 5.3%, including a negative 6.9pp impact from a 53rd week in the prior year.
Second Quarter Highlights. Net sales decreased 3.6%; Organic Net Sales (1) decreased 2.4%. Gross profit margin increased 180 basis points to 35.4%; Adjusted Gross Profit Margin (1) increased 210 basis points to 35.5%. Operating income decreased 62.1%; Adjusted Operating Income (1) increased 2.0%.
Operating Income increased 4.7%; Adjusted Operating Income (1) increased 1.7%. Diluted EPS was $0.66, down 2.9%; Adjusted EPS (1) was $0.69, up 1.5%. PITTSBURGH & CHICAGO -- (BUSINESS WIRE)--May 1, 2024-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the first quarter of 2024.
Oct 30, 2024 at 9:00 AM EDT. Listen to webcast. Supporting Materials. Kraft Heinz Reports Third Quarter 2024 Results. The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share. Q3 2024 Business Update.
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.
Provides Full Year 2023 Outlook for Organic Net Sales (1) (2), Adjusted EBITDA(1) (2), and Adjusted EPS(1) (2) Fourth Quarter Highlights. Net sales increased 10.0%, with Organic Net Sales (1) growth of 10.4%. Net income/ (loss) increased 447.9%.
Kraft Heinz Reports Second Quarter 2022 Results. Company Delivers Solid Second Quarter Results, Continues to Successfully Navigate Current Environment and Advance Long-Term Strategy. Raises Full Year Outlook for Organic Net Sales (1) (2) While Holding to Previous Adjusted EBITDA(1) (2) Expectations.
Filed by "insiders" prior intended sale of restricted stock. Non-EDGAR filing. Other. View HTML. 0001950047-24-008131.pdf. 0001950047-24-008131.xls. Nov 01, 2024. 3. Initial filing by director officer or owner of more than ten percent.
PITTSBURGH & CHICAGO -- (BUSINESS WIRE)--Apr. 10, 2023-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its first quarter 2023 financial results on Wednesday, May 3, 2023.