Kraft Heinz (KHC) Tops Q4 EPS by 7c, Revenue Beats

Go back to Kraft Heinz (KHC) Tops Q4 EPS by 7c, Revenue Beats

Kraft Heinz Reports Fourth Quarter and Full Year 2022 Results

February 15, 2023 7:00 AM EST

Provides Full Year 2023 Outlook for Organic Net Sales(1)(2), Adjusted EBITDA(1)(2), and Adjusted EPS(1)(2)

Fourth Quarter Highlights

Net sales increased 10.0%, with Organic Net Sales(1) growth of 10.4%. Net income/(loss) increased 447.9%. Adjusted EBITDA(1) increased 8.6%. Diluted EPS was $0.72, up 442.9%. Adjusted EPS(1) was $0.85, up 7.6%.

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) today reported financial results for the fourth quarter and full year 2022.

2022 was an... More