Kraft Heinz (KHC) Reports Q3 EPS of $0.44
Kraft Heinz (NASDAQ: KHC) reported Q3 EPS of $0.44, versus $0.46 reported last year. Revenue for the quarter came in at $6.12 billion versus the consensus estimate of $4.7 billion.
“Our third quarter results reflect continued progress as we integrate these two great companies while driving greater accountability, discipline and efficiency,” said Kraft Heinz CEO Bernardo Hees. “As we implement and expand methodologies such as Zero Based Budgeting, Management by Objectives and revenue management, we expect to continue creating the freedom to invest in our business and accelerating long-term profitable sales growth.”
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