KHCThe Kraft Heinz Company

$27B

Q3 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.3B-1.8% YoY

Gross Profit

$2.0B32.1% margin

Operating Income

$1.2B18.3% margin

Net Income

$733M11.6% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$419M

Free Cash Flow

$195M

Stock-Based Comp.

$51M

Balance Sheet

Total Assets

$94.9B

Total Liabilities

$44.7B

Stockholders' Equity

$50.1B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$6.4B	-1.8%
Gross Profit	$2.0B	$2.3B	-13.5%
Operating Income	$1.2B	$1.1B	+0.8%
Net Income	$733M	$597M	+22.8%

Revenue Segments

Condiments and Sauces

$1.8B28%

Cheese and dairy

$1.2B19%

Ambient meals

$724M11%

Meats and seafood

$679M11%

Frozen and chilled meals

$666M11%

Refreshment beverages

$443M7%

Desserts, toppings and baking

$277M4%

Other products

$208M3%

Coffee

$200M3%

Infant and nutrition

$115M2%

Nuts and salted snacks

$6M0%

Geographic Segments

United States Segment

$4.5B71%

Rest of World Segment

$1.4B22%

Canada Segment

$420M7%