Categories AlphaGraphs, Consumer, Earnings
Infographic: Key highlights from Kraft Heinz’s (KHC) Q1 2023 earnings results
The Kraft Heinz Company (NASDAQ: KHC) reported first quarter 2023 earnings results today.
Net sales increased 7.3% year-over-year to $6.5 billion. Organic sales rose 9.4%.
Net income attributable to common shareholders grew 8% to $836 million, or $0.68 per share, compared to last year. Adjusted EPS rose 13.3% to $0.68.
For the full year of 2023, the company expects organic sales to increase 4-6% versus last year.
Prior performance
Most Popular
Netflix (NFLX) stands tall in a heavily competitive streaming landscape
Shares of Netflix, Inc. (NASDAQ: NFLX) were down over 2% on Friday. The stock has gained 27% over the past three months. The streaming giant continues to hold its ground
Starbucks (SBUX): A look at the challenges that continue to beleaguer the coffee giant
Shares of Starbucks Corporation (NASDAQ: SBUX) rose 2% on Thursday. The stock has dropped 9% over the past month. The company has faced its fair share of challenges during fiscal
Broadcom (AVGO) thrives on growing AI business. Is the stock a buy?
Broadcom, Inc. (NASDAQ: AVGO), a leading provider of semiconductor solutions for wired and wireless communications, recently impressed the market with upbeat financial outlook highlighting strong prospects for its AI business
