KHCThe Kraft Heinz Company

$27B

Q1 2017 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.3B-3.7% YoY

Gross Profit

$2.2B34.8% margin

Operating Income

$1.4B22.7% margin

Net Income

$893M14.1% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

-7.8%

Cash Flow

Operating Cash Flow

-$151M

Free Cash Flow

-$519M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$120.8B

Total Liabilities

$62.9B

Stockholders' Equity

$57.7B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$6.6B	-3.7%
Gross Profit	$2.2B	$2.4B	-7.5%
Operating Income	$1.4B	$1.5B	-5.3%
Net Income	$893M	$896M	-0.3%

Revenue Segments

Condiments and Sauces

$1.5B24%

Cheese and dairy

$1.3B20%

Meats and seafood

$660M10%

Frozen and chilled meals

$653M10%

Ambient meals

$583M9%

Refreshment beverages

$372M6%

Coffee

$350M5%

Other products

$318M5%

Nuts and salted snacks

$232M4%

Desserts, toppings and baking

$196M3%

Infant and nutrition

$188M3%

Geographic Segments

United States Segment

$4.6B72%

Rest of World Segment

$826M13%

Europe Segment

$543M9%

Canada Segment

$443M7%