Kraft Heinz (KHC) Reports Q1 EPS of $0.73

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Go back to Kraft Heinz (KHC) Reports Q1 EPS of $0.73

Kraft Heinz Reports First Quarter 2016 Results

May 4, 2016 4:11 PM EDT

Q1 GAAP net sales increased 165% due to the merger of Kraft and Heinz; Organic Net Sales(1) increased 1.1% Q1 GAAP operating income increased 197%; Adjusted EBITDA(1) increased 27.3% on a constant currency basis Q1 GAAP diluted EPS increased 204% to $0.73; Adjusted EPS(1) increased 37.7% to $0.73

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft Heinz or the Company) today reported first quarter 2016 financial results that reflected improved net sales performance and significant cost... More