— The Kraft Heinz Company (NASDAQ: KHC) reported Q4 2019 earnings of $0.72 per share, vs. $0.68 expected.
— Sales fell 5.1% to $6.5 billion, vs. $6.6 billion expected.
— US net sales fell 2.7% to $4.7 billion.
— Canada net sales dropped 23.8% to $457 million.
— EMEA net sales were down 0.5% to $689 million.
— Rest of World net sales decreased 10.1% to $708 million.
— Kraft Heinz declared a quarterly dividend of $0.40 per common share, payable on March 27, 2020, to stockholders of record as of March 13, 2020.
— KHC shares were down 1.4% in premarket hours on Thursday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Amazon (AMZN) ups the ante in the AI race. Is the stock a buy?
For Amazon.com, Inc. (NASDAQ: AMZN), expanding the cloud infrastructure business has been a key priority lately, while maintaining its dominance in the e-commerce market. Currently, the company is busy ramping
LEN, KBH: How did the third quarter turn out for these homebuilders?
Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) reported their third quarter 2023 earnings results recently. Both companies saw their revenues and profits fall during the period amid
KMX Earnings Preview: Will CarMax return to the fast lane this year?
CarMax, Inc. (NYSE: KMX) is preparing to publish second-quarter results on Thursday. Over the years, it has evolved into a diversified company, with the scale of operations and omnichannel strategy
