KHC Nasdaq· The Kraft Heinz Company
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KHC Nasdaq· The Kraft Heinz Company
Earnings report Q4 2023

Kraft Heinz Reports Stable Revenue in Latest Quarter

Segments of Revenue

Kraft Heinz operates through two reportable segments, North America and International. In the latest quarter, the company reported net sales of $26.64 billion, which remained relatively flat compared to the previous year's quarter. The North America segment contributed $15.82 billion in net sales, while the International segment generated $10.82 billion in net sales.


Kraft Heinz demonstrated stability in its revenue performance during the latest quarter. Despite the challenging market conditions, the company managed to maintain its sales levels. The North America segment, which represents a significant portion of the company's revenue, remained resilient, contributing $15.82 billion in net sales. This strength can be attributed to the company's strong brand presence and consumer loyalty in the region.


While Kraft Heinz maintained stable revenue, it faced some challenges in its operating expenses. The company reported selling, general, and administrative expenses of $4.35 billion, which increased compared to the previous year's quarter. This rise in expenses could potentially impact the company's profitability and overall financial performance.


During the latest quarter, Kraft Heinz did not report any significant legal proceedings or mine safety disclosures that could impact its financial performance. However, it is worth mentioning that the company underwent planned restructuring activities, which led to the cessation of operations in certain facilities. These restructuring activities were aimed at optimizing operations and improving efficiency.


Kraft Heinz reported stable revenue of $26.64 billion in the latest quarter, with the North America segment contributing $15.82 billion and the International segment generating $10.82 billion. The company demonstrated strength in maintaining its sales levels, driven by its strong brand presence and consumer loyalty in North America. However, the company faced challenges in managing its operating expenses, which increased compared to the previous year's quarter. Overall, Kraft Heinz's revenue performance remained steady, indicating resilience in a competitive market environment.

Source documents

Form 10-K  filed on Feb 15, 2024
40 pages scanned

Reference data

Company financials Q4 revenue 6.86B
Analyst estimates Q4 EPS beat by 18.68%
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