KHCThe Kraft Heinz Company

$27B

Q4 2019 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.5B-5.3% YoY

Gross Profit

$2.1B32.2% margin

Operating Income

$594M9.1% margin

Net Income

$182M2.8% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.4B

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$101.5B

Total Liabilities

$49.7B

Stockholders' Equity

$51.6B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.5B	$6.9B	-5.3%
Gross Profit	$2.1B	$2.2B	-4.4%
Operating Income	$594M	-$14.1B	+104.2%
Net Income	$182M	-$12.6B	+101.4%

Revenue Segments

Condiments and Sauces

$1.6B24%

Cheese and dairy

$1.3B20%

Ambient meals

$693M11%

Meats and seafood

$554M8%

Frozen and chilled meals

$524M8%

Other products

$475M7%

Coffee

$339M5%

Desserts, toppings and baking

$339M5%

Refreshment beverages

$314M5%

Nuts and salted snacks

$279M4%

Infant and nutrition

$125M2%

Geographic Segments

United States Segment

$4.8B65%

Rest of World Segment

$2.2B29%

Canada Segment

$457M6%