Kraft Heinz (KHC) Tops Q2 EPS by 15c

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Go back to Kraft Heinz (KHC) Tops Q2 EPS by 15c

Kraft Heinz Reports Second Quarter 2020 Results

July 30, 2020 7:05 AM EDT

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) today reported financial results for the second quarter of 2020 that reflected solid net sales growth of 3.8 percent and Organic Net Sales(1) growth of 7.4 percent versus the year-ago period due to strong retail performance across all business segments. Results also included non-cash impairment charges(2) related to goodwill and intangible assets.

Our response to the ongoing COVID-19 pandemic reflects the hard work and dedication of our remarkable employees around the world, said Kraft Heinz CEO Miguel Patricio. "We are now... More