Kraft Heinz (KHC) tops Q3 earnings estimates and raises full-year profit outlook
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Kraft Heinz lifts annual profit target again on margin boost from higher prices
November 1, 2023 7:08 AM EDT(Reuters) -Kraft Heinz on Wednesday raised its 2023 profit estimates for the second time this year after topping quarterly earnings estimates on higher prices for its packaged meals and condiments, sending its shares 5% higher in early trading.
Prices rose 7.1 percentage points in the third quarter as Kraft Heinz like other packaged food makers benefited from price hikes undertaken during the past two years to... More
Kraft Heinz (KHC) Tops Q3 EPS by 6c
November 1, 2023 7:06 AM EDTKraft Heinz (NASDAQ: KHC) reported Q3 EPS of $0.72, $0.06 better than the analyst estimate of $0.66. Revenue for the quarter came in at $6.57 billion versus the consensus estimate of $6.72 billion.
For earnings history and earnings-related data on Kraft Heinz (KHC) click here.
... MoreKraft Heinz (KHC) Declares $0.40 Quarterly Dividend; 5.1% Yield
November 1, 2023 7:01 AM EDTKraft Heinz (NASDAQ: KHC) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.
The dividend will be payable on December 29, 2023, to stockholders of record on December 1, 2023, with an ex-dividend date of November 30, 2023.
The annual yield on the dividend is 5.1... More
