Kraft Heinz (KHC) Tops Q1 EPS by 7c

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Go back to Kraft Heinz (KHC) Tops Q1 EPS by 7c

Kraft Heinz Reports First Quarter 2018 Results

May 2, 2018 4:05 PM EDT

Q1 net sales decreased 0.3%; Organic Net Sales(1) decreased 1.5% Q1 diluted EPS increased to $0.81; Adjusted EPS(1) increased to $0.89 from $0.84 the prior year

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft Heinz or the Company) today reported first quarter 2018 financial results that reflected higher input costs, lower net sales in the United States, and investments to enhance capabilities, as well as lower taxes versus the prior year period.

Our first-quarter results were consistent with, if not slightly... More