secwatch.observer — SEC 8-K summary
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Issuer:     Kraft Heinz Co (KHC)
CIK:        0001637459
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001637459-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kraft Heinz Q4 EPS $0.72 beats prior year; guides 2023 organic sales growth 4-6%
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- Q4 net sales $7.4B (+10%); organic net sales +10.4%; diluted EPS $0.72 vs ($0.21); adjusted EPS $0.85 vs $0.79.
- FY22 net sales $26.5B (+1.7%); organic net sales +9.8%; diluted EPS $1.91 vs $0.82; adjusted EPS $2.78 vs $2.93.
- FY22 adjusted EBITDA $6.0B (-5.8%) on supply chain inflation; Q4 adjusted EBITDA +8.6% to $1.7B.
- 2023 outlook: organic net sales growth 4-6%; constant currency adj. EBITDA growth 2-4%; adj. EPS $2.67-$2.75.
- FY22 free cash flow $1.6B, down 65.2% due to inventory rebuild and lower EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637459/000163745923000005/0001637459-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637459/000163745923000005/khc-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001637459-23-000005

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