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    • 79 cents per share

      • Kraft Heinz posted adjusted earnings of 79 cents per share, beating the Zacks Consensus Estimate of 74 cents. Quarterly earnings jumped 12.9% year over year, mainly due to increased adjusted EBITDA and reduced interest expenses. These were partly negated by adverse changes in other expenses/ (income).
      finance.yahoo.com › news › kraft-heinz-khc-q2-earnings-163900553
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  2. Aug 2, 2023 · Kraft Heinz Reports Second Quarter 2023 Results. Reaffirms Full Year Outlook. S econd Quarter Highlights. Net sales increased 2.6%; Organic Net Sales (1) increased 4.0%. Gross profit margin increased 337 basis points to 33.6%; Adjusted Gross Profit Margin (1) increased 180 basis points to 33.3%.

  3. Aug 2, 2023 · Kraft Heinz's (KHC) second-quarter 2023 results reflect sales growth in the North America and International regions due to solid pricing. Management reaffirms the adjusted EBITDA and...

  4. Aug 2, 2023 · Key Takeaways. Kraft Heinz reported net sales of $6.72 billion, lower than the $6.81 billion expected. The company reiterated its sales outlook for 4% to 6% growth for the full year. Prices at...

  5. Aug 2, 2023 · Welcome to our Q&A session for our second quarter 2023 business update. During today's call, we may make forward-looking statements regarding our expectations for the future, including items related to our business plans and expectations, strategy, efforts and investments and related timing and expected impacts.

  6. Aug 2, 2023 · Outlook. For fiscal year 2023, the Company expects: Organic Net Sales(2) growth of 4 to 6 percent versus the prior year. Constant Currency Adjusted EBITDA(1) (2) growth of 4 to 6 percent versus the prior year, or 6 to 8 percent when excluding the impact from lapping a 53rd week in 2022.

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