Kraft Heinz (KHC) Tops Q4 EPS by 4c

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Kraft Heinz Reports Fourth Quarter and Full Year 2019 Results

February 13, 2020 7:01 AM EST

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) today reported fourth quarter and full year 2019 financial results.

While our 2019 results were disappointing, we closed the year with performance consistent with our expectations, and driven by factors we anticipated, said Kraft Heinz CEO Miguel Patricio. "We have taken critical actions over the past six months to re-establish visibility and control over the business. And we remain convinced Kraft Heinz has the potential to achieve best-in-class financial performance as we begin transforming our capabilities and making necessary... More