Kraft Heinz (KHC) Misses Q3 EPS by 3c

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Kraft Heinz Reports Third Quarter 2018 Results

November 1, 2018 4:05 PM EDT

Q3 net sales increased 1.6%; Organic Net Sales(1) increased 2.6% Q3 diluted EPS was $0.51; Adjusted EPS(1) was $0.78

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft Heinz or the Company) today reported third quarter 2018 financial results that reflected solid gains from Organic Net Sales growth and lower taxes versus the prior year period that were offset by investments in strategic capabilities, as well as higher overhead and input costs.

We believe that our Q3 results are strong evidence... More