Categories AlphaGraphs, Earnings, Retail

Kraft Heinz (KHC) Q3 2019 Earnings Snapshot

— 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.

Kraft Heinz (KHC) Q3 2019 earnings results

— 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.

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