Kraft Heinz (KHC) Tops Q3 EPS by 16c

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Go back to Kraft Heinz (KHC) Tops Q3 EPS by 16c

Kraft Heinz Reports Third Quarter 2019 Results

October 31, 2019 7:35 AM EDT

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) today reported third quarter 2019 financial results that reflected a one-time gain on the sale of the Company's Canadian natural cheese business, lower net sales, and higher input costs.

While our third-quarter results remain below our potential, we showed sequential improvement versus the first half, and I believe we are beginning to operate the business better, said Kraft Heinz CEO Miguel Patricio. "We are making good progress in identifying and addressing the root causes of past performance, as well as setting our... More