Categories AlphaGraphs, Consumer, Earnings, LATEST
KHC Earnings: A snapshot of Kraft Heinz’s Q1 2024 financial results
The Kraft Heinz Company (NASDAQ: KHC), a leading producer of food and beverages, Wednesday announced first-quarter results, reporting a decline in sales and a modest increase in adjusted profit.
Net income attributable to common shareholders decreased to $801 million or $0.66 per share in the March quarter from $836 million or $0.68 per share in the prior-year quarter. On an adjusted basis, earnings rose to $0.69 per share in Q1 from $0.68 per share in the same period of 2023.
First-quarter sales edged down by 1% in $6.41 billion, with all three geographical segments — North America, International Developed Markets, and Emerging Markets — registering lower sales.
“Our first quarter results were in line with our expectations, with growth across each of our three strategic pillars – Global Away From Home, Emerging Markets, and North America Retail ACCELERATE Platforms – and continued sequential volume recovery,” said Kraft Heinz’s CEO Carlos Abrams-Rivera.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Hormel (HRL) expects earnings pressure to continue into Q1 2026
Shares of Hormel Foods Corporation (NYSE: HRL) gained over 3% on Thursday. The company delivered mixed results for the fourth quarter of 2025, as earnings came ahead of expectations while
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
