Kraft Heinz (KHC) Q2 2023 Earnings: Key financials and quarterly highlights

admin August 2, 2023

This article was originally published on Alpha Street

The Kraft Heinz Company (NASDAQ: KHC) reported second quarter 2023 earnings results today.

Net sales increased 2.6% year-over-year to $6.7 billion. Organic net sales increased 4%.

Net income attributable to common shareholders more than doubled to $1 billion, or $0.81 per share, compared to last year. Adjusted EPS rose 13% to $0.79.

For fiscal year 2023, organic net sales are expected to grow 4-6% YoY. Adjusted EPS is expected to be $2.83-2.91.

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The post Kraft Heinz (KHC) Q2 2023 Earnings: Key financials and quarterly highlights first appeared on AlphaStreet.

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