KHC Q3 2024 Earnings — The Kraft Heinz Company Revenue & Financial Results | Market Cap Arena

KHCThe Kraft Heinz Company

$29B

Q3 2024 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.4B-2.8% YoY

Gross Profit

$2.2B34.2% margin

Operating Income

-$101M-1.6% margin

Net Income

-$290M-4.5% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$849M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$88.6B

Total Liabilities

$40.1B

Stockholders' Equity

$48.3B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.6B	-2.8%
Gross Profit	$2.2B	$2.2B	-2.2%
Operating Income	-$101M	$653M	-115.5%
Net Income	-$290M	$262M	-210.7%

Revenue Segments

Taste Elevation

$2.8B44%

Easy Ready Meals

$1.2B18%

Hydration

$539M8%

Meats

$538M8%

Cheese and dairy

$426M7%

Substantial Snacking

$317M5%

Desserts, toppings and baking

$292M5%

Coffee

$200M3%

Other products

$75M1%

Geographic Segments

North America Segment

$4.8B76%

International Developed Markets Segment

$882M14%

Emerging Markets

$675M11%