— Kraft Heinz’s (NASDAQ: KHC) third quarter 2019 adjusted EPS decreased 9.2% to $0.69 vs. $0.53 expected.
— Sales declined 4.8% to $6.08 billion vs. $6.12 billion expected.
— Organic net sales in Q3 2019 decreased 1.1% versus the year-ago period.
— GAAP EPS attributable to common shareholders increased 50% year-over-year to $0.74.
— Sales in US, Canada, EMEA and Rest of World, declined 1.6%, 21.1%, 3.5%, and 13.3%, respectively.
— KHC shares rose about 5% in the pre-market trading session.
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and
