KHCThe Kraft Heinz Company

$29B

Q1 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.4B+3.8% YoY

Gross Profit

$2.2B34.4% margin

Operating Income

$1.1B17.0% margin

Net Income

$563M8.8% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

$810M

Free Cash Flow

$583M

Stock-Based Comp.

$51M

Balance Sheet

Total Assets

$98.7B

Total Liabilities

$48.2B

Stockholders' Equity

$50.3B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.2B	+3.8%
Gross Profit	$2.2B	$1.9B	+18.5%
Operating Income	$1.1B	$770M	+41.4%
Net Income	$563M	$378M	+48.9%

Revenue Segments

Condiments and Sauces

$1.7B26%

Cheese and dairy

$1.2B19%

Ambient meals

$698M11%

Frozen and chilled meals

$674M11%

Meats and seafood

$611M10%

Refreshment beverages

$411M6%

Other products

$275M4%

Nuts and salted snacks

$251M4%

Desserts, toppings and baking

$242M4%

Coffee

$210M3%

Infant and nutrition

$107M2%

Geographic Segments

United States Segment

$4.6B72%

Rest of World Segment

$1.4B22%

Canada Segment

$392M6%