KHCThe Kraft Heinz Company

$27B

Q2 2020 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.6B+3.8% YoY

Gross Profit

$2.5B36.9% margin

Operating Income

-$1.3B-20.1% margin

Net Income

-$1.7B-24.8% margin

EPS (Diluted)

$-1.35

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$1.9B

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$98.3B

Total Liabilities

$49.1B

Stockholders' Equity

$49.0B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$6.4B	+3.8%
Gross Profit	$2.5B	$2.1B	+17.8%
Operating Income	-$1.3B	$734M	-282.4%
Net Income	-$1.7B	$449M	-467.7%

Revenue Segments

Condiments and Sauces

$1.8B26%

Cheese and dairy

$1.3B19%

Ambient meals

$721M11%

Meats and seafood

$644M10%

Frozen and chilled meals

$612M9%

Refreshment beverages

$454M7%

Coffee

$315M5%

Desserts, toppings and baking

$302M5%

Nuts and salted snacks

$254M4%

Other products

$210M3%

Infant and nutrition

$112M2%

Geographic Segments

United States Segment

$4.9B74%

Rest of World Segment

$1.3B20%

Canada Segment

$426M6%