---
schema_version: "secwatch.filing_event.v1"
accession: "0001637459-23-000110"
form_type: "8-K"
ticker: "KHC"
cik: "0001637459"
company_name: "Kraft Heinz Co"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:48:57.163715+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kraft Heinz Q2 beats: EPS $0.81 up 285.7%, raises margin outlook

## Summary
- Net sales $6.72B (+2.6% YoY); Organic Net Sales +4.0%.
- Diluted EPS $0.81 (up 285.7%); Adjusted EPS $0.79 (up 12.9%) vs $0.70 YoY.
- Adjusted EBITDA $1.61B (+6.0% YoY); Adjusted Gross Profit Margin up 180 bps to 33.3%.
- Raises 2023 Adjusted Gross Profit Margin expansion outlook to +150-200 bps (prior +125-175).
- Reaffirms FY23 guidance: Organic Net Sales +4-6%, Adj EPS $2.83-$2.91.

## SEC filing metadata
- accession: 0001637459-23-000110
- form_type: 8-K
- ticker: KHC
- cik: 0001637459
- company_name: Kraft Heinz Co
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637459/000163745923000110/0001637459-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637459/000163745923000110/khc-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637459-23-000110
- JSON: https://secwatch.observer/filing/0001637459-23-000110.json
- Plain text: https://secwatch.observer/filing/0001637459-23-000110.txt

## Key facts
- Earnings Releases
  Kraft Heinz Co reported the second quarter ended July 1, 2023 results: revenue $6,721, net income $998 million, EPS $0.81. Guidance reaffirmed.
  - Period: the second quarter ended July 1, 2023
  - Revenue: $6,721
  - Net income: $998 million
  - EPS: $0.81
  - Guidance: reaffirmed
  - Result: reported results
  source text: Adjusted EBITDA (1) increased 6.0% • Diluted EPS was $0.81, up 285.7%; Adjusted EPS (1) was $0.79, up 12.9% PITTSBURGH & CHICAGO - Aug.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637459/000163745923000110/0001637459-23-000110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.