KHCThe Kraft Heinz Company

$27B

Q3 2017 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.3B+0.2% YoY

Gross Profit

$2.2B35.1% margin

Operating Income

$1.5B24.5% margin

Net Income

$944M15.0% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

-$875M

Free Cash Flow

-$1.1B

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$120.1B

Total Liabilities

$61.1B

Stockholders' Equity

$58.8B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$6.3B	+0.2%
Gross Profit	$2.2B	$2.2B	-0.7%
Operating Income	$1.5B	$1.4B	+8.8%
Net Income	$944M	$842M	+12.1%

Revenue Segments

Condiments and Sauces

$1.6B25%

Cheese and dairy

$1.3B20%

Meats and seafood

$663M11%

Frozen and chilled meals

$642M10%

Ambient meals

$571M9%

Refreshment beverages

$371M6%

Coffee

$331M5%

Other products

$287M5%

Desserts, toppings and baking

$220M3%

Nuts and salted snacks

$202M3%

Infant and nutrition

$176M3%

Geographic Segments

United States Segment

$4.4B69%

Rest of World Segment

$776M12%

Europe Segment

$599M9%

Canada Segment

$559M9%