Categories AlphaGraphs, Consumer, Earnings

Kraft Heinz ends fiscal 2020 with a strong quarter

The Kraft Heinz Company (NASDAQ: KHC) reported fourth-quarter 2020 financial results before the regular market hours on Thursday. The food products company reported fourth-quarter revenue of $6.94 billion, up 6% year-over-year and above the Wall Street projection. Net income of $0.80 per share was also higher than what analysts had anticipated.

KHC shares rose 1.4% immediately following the announcement. The stock has increased over 13% over the past 12 months.

The Kraft Heinz company Q4 2020 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Kraft Heinz Q4 earnings call transcript

“We set our multi-year transformation plan this time last year. We exceeded that plan in 2020. We are increasingly confident that we will again exceed that plan in 2021,” CEO Miguel Patricio said in a statement.  

Prior performance

  • The Kraft heinz company Q3 2020 earnings
  • he Kraft Heinz Company Q1 2020

Most Popular

COST Stock: These factors make Costco a good bet for the long term

Like other leading store operators, Costco Wholesale Corporation (NASDAQ: COST) went into overdrive when people stockpiled on essential items after coronavirus threw normal life out of gear in early 2020.

NKE Earnings: Key quarterly highlights from Nike’s Q1 financial results

Nike Inc. (NYSE: NKE) reported first quarter 2022 earnings results today. Total revenue increased 16% year-over-year to $12.2 billion. Net income rose 23% to $1.9 billion while EPS grew 22%

Costco Earnings (COST): Q4 profit beats Street view amid strong sales growth

Warehouse chain Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2021. The results also topped expectations. Fourth-quarter net sales grew 17.5% annually to

Add Comment
Viewing Highlight