Kraft Heinz Beats Q1 Earnings but Revenue Miss and…

From Financial Modeling Prep: 2025-04-29 11:45:00

Kraft Heinz (NYSE:KHC) beat Q1 earnings estimates but fell short on revenue, causing shares to drop 1%. Adjusted earnings were $0.62 per share, above the $0.60 estimate. However, revenue was $6 billion, slightly below the expected $6.02 billion. Net sales fell 6.4%, with organic net sales down 4.7%.

Gross profit margins for Kraft Heinz declined to 34.4%, with operating income falling 8.1% year-over-year. Adjusted operating income also decreased by 5.2%. The company faced challenges in maintaining profitability, with margins under pressure in the first quarter of 2025.

Kraft Heinz provided guidance for Q2 2025 earnings per share in the range of $2.51 to $2.67. This range includes the current analyst consensus of $2.67, indicating a cautious but steady outlook for the company for the rest of the year. The company is navigating challenges in a more cautious consumer environment.



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