Kraft Heinz (KHC) Tops Q4 EPS by 6c

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Kraft Heinz Reports Fourth Quarter and Full Year 2020 Results

February 11, 2021 7:00 AM EST

Q4 net sales increased 6.2%; Organic Net Sales(1) increased 6.0% Q4 gross profit increased 19.7% Q4 operating income increased 160.7%, net income attributable to common shareholders increased 467.5%, and diluted EPS increased 460.0% Adjusted EBITDA(1) increased 14.3% and Adjusted EPS(1) increased 11.1% For Q1 2021, Company expects flat-to-positive Organic Net Sales(2) growth, low-single-digit Constant Currency Adjusted EBITDA(1)(2) growth despite an exceptionally strong Q1 last year

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