Kraft Heinz Co Kraft Heinz Co [KHC] has reported $100 million quarterly profit, an decrease of $154 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 29, 2024.
Kraft Heinz reported the quarterly diluted earnings per share (EPS) fell by -61.90 percent to $0.1 from $0.2 in the previous quarter.
Dollars in millions | Jun 29, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 01, 2023 |
|---|
Income Statement |
| Revenue | $6,476.0 | $26,640.0 | $6,570.0 | $6,721.0 |
| Operating Profit | $522.0 | $4,572.0 | $653.0 | $1,376.0 |
| Net Income | $100.0 | $2,846.0 | $254.0 | $998.0 |
| Net Cash | -$502.0 | $363.0 | $13.0 | -$92.0 |
| Gross Margin | $2,294.0 | $8,926.0 | $2,235.0 | $2,261.0 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 2294.00 | 313.63 | 879.92 | 33.64 |
| Profit as % of Assets | 0.21 | 4.87 | 0.53 | 1.10 |
| Profit as % of Stockholder Equity | 0.20 | 5.73 | 0.51 | 2.00 |
| Return on Equity | 0.20 | 5.73 | 0.51 | 0.35 |
| Return on Assets | 0.11 | 3.15 | 0.28 | 0.19 |
| Turnover Ratio | 13.59 | 45.55 | 13.66 | 0.07 |
| EBITA | $522.0 | $4,572.0 | $653.0 | |
Balance Sheet |
| Total Assets | $88,797.0 | $90,339.0 | $89,656.0 | $90,956.0 |
| Total Liabilities | $39,766.0 | $40,617.0 | $40,198.0 | $40,942.0 |
Cash Flow Statement |
| Operating Cash Flow | $1,713.0 | $3,976.0 | $2,620.0 | $1,584.0 |
| Investing Cash Flow | -$632.0 | -$916.0 | -$738.0 | -$475.0 |
| Financing Cash Flow | -$1,565.0 | -$2,678.0 | -$1,816.0 | -$1,187.0 |
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