Kraft Heinz (KHC) Tops Q2 EPS by 3c, Offers Guidance
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Kraft Heinz Reports Second Quarter 2023 Results
August 2, 2023 7:00 AM EDTReaffirms Full Year Outlook
Second Quarter Highlights
Net sales increased 2.6%; Organic Net Sales(1) increased 4.0% Gross profit margin increased 337 basis points to 33.6%; Adjusted Gross Profit Margin(1) increased 180 basis points to 33.3% Net income increased 277.0%; Adjusted EBITDA(1) increased 6.0% Diluted EPS was $0.81, up 285.7%; Adjusted EPS(1) was $0.79, up 12.9%PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) today reported financial results for the second... More
