Kraft Heinz (KHC) Misses Q1 EPS by 1c

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Kraft Heinz Reports First Quarter 2017 Results

May 3, 2017 4:05 PM EDT

Q1 net sales decreased 3.1%; Organic Net Sales(1) decreased 2.7% including Easter shift and other factors in North America affecting comparisons with prior year Q1 net income attributable to common shareholders decreased 0.3%; Adjusted EBITDA(1) decreased 2.4% on a constant currency basis Q1 diluted EPS of $0.73 was flat to the prior year; Adjusted EPS(1) increased to $0.84 from $0.73 the prior year

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft Heinz or the Company) today reported first quarter... More