KHCThe Kraft Heinz Company

$27B

Q3 2018 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.4B+1.6% YoY

Gross Profit

$2.1B32.8% margin

Operating Income

$1.1B16.8% margin

Net Income

$619M9.7% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

$670M

Free Cash Flow

$514M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$119.7B

Total Liabilities

$54.2B

Stockholders' Equity

$65.4B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.3B	+1.6%
Gross Profit	$2.1B	$2.2B	-4.9%
Operating Income	$1.1B	$1.5B	-30.2%
Net Income	$619M	$944M	-34.4%

Revenue Segments

Condiments and Sauces

$1.7B26%

Cheese and dairy

$1.2B19%

Frozen and chilled meals

$686M11%

Meats and seafood

$653M10%

Ambient meals

$577M9%

Refreshment beverages

$385M6%

Coffee

$331M5%

Other products

$227M4%

Nuts and salted snacks

$224M4%

Desserts, toppings and baking

$221M3%

Infant and nutrition

$172M3%

Geographic Segments

United States Segment

$4.4B69%

Rest of World Segment

$793M12%

Europe Segment

$629M10%

Canada Segment

$525M8%