Kraft Heinz (KHC) Tops Q4 EPS by 4c
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Kraft Heinz Reports Fourth Quarter and Full Year 2016 Results
February 15, 2017 4:10 PM ESTQ4 net sales decreased 3.7%; Organic Net Sales(1) increased 1.6% Q4 operating income increased 22.8% and net income attributable to common shareholders increased to $944 million Q4 Adjusted EBITDA(1) increased 4.8% on a constant currency basis, despite an approximate 4.5 percentage point negative impact from a 53rd week of shipments in 2015 Q4 diluted EPS increased to $0.77; Adjusted EPS(1) increased to $0.91, up from $0.62 the prior year, despite an approximate $0.03 negative impact from a 53rd week of shipments in 2015
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