KHCThe Kraft Heinz Company

$27B

Q2 2017 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.6B-2.3% YoY

Gross Profit

$2.4B36.7% margin

Operating Income

-$1.6B-24.8% margin

Net Income

$1.2B17.5% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$720M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$119.4B

Total Liabilities

$60.9B

Stockholders' Equity

$58.3B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$6.8B	-2.3%
Gross Profit	$2.4B	$2.5B	-3.9%
Operating Income	-$1.6B	$1.6B	-200.5%
Net Income	$1.2B	$950M	+22.0%

Revenue Segments

Condiments and Sauces

$1.7B26%

Cheese and dairy

$1.3B20%

Meats and seafood

$695M10%

Frozen and chilled meals

$639M10%

Ambient meals

$541M8%

Refreshment beverages

$437M7%

Coffee

$340M5%

Other products

$300M4%

Nuts and salted snacks

$252M4%

Desserts, toppings and baking

$233M3%

Infant and nutrition

$211M3%

Geographic Segments

United States Segment

$4.6B69%

Rest of World Segment

$851M13%

Canada Segment

$597M9%

Europe Segment

$595M9%