Kraft Heinz Co ( (KHC) ) has released its Q1 earnings. Here is a breakdown of the information Kraft Heinz Co presented to its investors.
Kraft Heinz Co., a leading global food and beverage company, is renowned for its iconic brands and commitment to delivering quality products across diverse markets. The company operates primarily in the consumer goods sector, focusing on packaged foods and beverages.
In its first quarter of 2025, Kraft Heinz reported a decline in net sales by 6.4% to $6.0 billion, with organic net sales also decreasing by 4.7%. Despite these challenges, the company maintained a gross profit margin of 34.4% and generated $0.7 billion in net cash from operating activities.
Key financial metrics revealed a decrease in operating income by 8.1% to $1.2 billion and a drop in diluted earnings per share by 10.6% to $0.59. The company faced pressures from increased procurement costs and unfavorable volume/mix changes, although it managed to slightly increase free cash flow by 1.0% to $0.5 billion.
Looking ahead, Kraft Heinz has adjusted its full-year outlook, anticipating a decline in organic net sales between 1.5% and 3.5%. The company plans to focus on strategic investments to enhance brand value and navigate ongoing economic challenges, aiming for gradual improvement in financial performance throughout the year.