Upgrade to SI Premium - Free Trial

Kraft Heinz (KHC) Reports Q1 EPS of $0.73

May 4, 2016 4:17 PM

Kraft Heinz (NASDAQ: KHC) reported Q1 EPS of $0.73, versus $0.53 reported last year. Revenue for the quarter came in at $6.57 billion, versus $6.83 billion reported last year.

“We've had a solid start to the year. Our savings are coming in faster than anticipated and we're performing better where it matters most, with our customers and consumers in the marketplace,” said Kraft Heinz CEO Bernardo Hees. “But we still have a lot of work ahead. Consumption trends in a number of our core categories remain challenging and we're entering a critical phase in our North American supply chain integration. As we implement our plans, we will keep our focus on profitable growth while continuing to put our consumers first.”

For earnings history and earnings-related data on Kraft Heinz (KHC) click here.

Categories

Earnings

Next Articles