Kraft Heinz (KHC) Reports Q3 EPS of $0.83

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Go back to Kraft Heinz (KHC) Reports Q3 EPS of $0.83

Kraft Heinz Reports Third Quarter 2016 Results

November 3, 2016 4:11 PM EDT

Q3 GAAP net sales increased 2.4% due to the merger of Kraft and Heinz; Organic Net Sales(1) declined 1.0% Q3 GAAP operating income increased 254% and net income attributable to common shareholders increased to $842 million Q3 Adjusted EBITDA(1) increased to $1.8 billion from $1.5 billion in the year-ago period Q3 GAAP diluted EPS increased to $0.69; Adjusted EPS(1) increased to $0.83

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft... More