KHCThe Kraft Heinz Company

$27B

Q2 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.6B-0.5% YoY

Gross Profit

$2.3B34.6% margin

Operating Income

-$1.2B-18.7% margin

Net Income

-$27M-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.0B

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$97.0B

Total Liabilities

$46.9B

Stockholders' Equity

$50.0B

Cash & Equivalents

$3.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$6.6B	-0.5%
Gross Profit	$2.3B	$2.5B	-6.6%
Operating Income	-$1.2B	-$1.3B	+7.8%
Net Income	-$27M	-$1.7B	+98.4%

Revenue Segments

Condiments and Sauces

$2.0B30%

Cheese and dairy

$1.2B18%

Meats and seafood

$668M10%

Frozen and chilled meals

$657M10%

Ambient meals

$637M10%

Refreshment beverages

$498M8%

Desserts, toppings and baking

$282M4%

Coffee

$204M3%

Nuts and salted snacks

$201M3%

Other products

$193M3%

Infant and nutrition

$119M2%

Geographic Segments

United States Segment

$4.7B72%

Rest of World Segment

$1.4B21%

Canada Segment

$464M7%