Categories AlphaGraphs, Consumer, Earnings

Kraft Heinz Q4 2022 earnings rise on strong sales growth

Packaged food firm The Kraft Heinz Company (NASDAQ: KHC) on Wednesday reported higher sales and net profit for the fourth quarter of 2022.

The Kraft Heinz Company Q4 2022 earnings infographic

Fourth quarter net sales increased 10% year-over-year to $7.38 billion, with strong contributions from both the North American and International segments.

Adjusted earnings increased 8% annually to $0.85 per share. Unadjusted profit was $890 million or $0.72 per share, compared to a loss of $257 million or $0.21 per share in the fourth quarter of 2021.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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