KHCThe Kraft Heinz Company

$27B

Q2 2018 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.7B+0.8% YoY

Gross Profit

$2.3B35.1% margin

Operating Income

$1.4B20.3% margin

Net Income

$754M11.3% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

-$184M

Free Cash Flow

-$399M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$121.9B

Total Liabilities

$56.0B

Stockholders' Equity

$65.7B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.7B	$6.6B	+0.8%
Gross Profit	$2.3B	$2.4B	-3.5%
Operating Income	$1.4B	-$1.6B	+182.5%
Net Income	$754M	$1.2B	-34.9%

Revenue Segments

Condiments and Sauces

$1.9B29%

Cheese and dairy

$1.2B19%

Meats and seafood

$655M10%

Frozen and chilled meals

$619M9%

Ambient meals

$576M9%

Refreshment beverages

$434M6%

Coffee

$341M5%

Desserts, toppings and baking

$228M3%

Infant and nutrition

$225M3%

Nuts and salted snacks

$221M3%

Other products

$215M3%

Geographic Segments

United States Segment

$4.5B67%

Rest of World Segment

$906M14%

Europe Segment

$703M11%

Canada Segment

$564M8%