---
schema_version: "secwatch.filing_event.v1"
accession: "0001637459-24-000013"
form_type: "8-K"
ticker: "KHC"
cik: "0001637459"
company_name: "Kraft Heinz Co"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:24:42.647455+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kraft Heinz Q4 net sales -7.1% YoY, FY Adj EPS +7.2% to $2.98; guides FY24 Adj EPS $3.01-3.07

## Summary
- Q4 net sales $6.86B (-7.1% YoY); Organic Net Sales -0.7%; net income $757M (-14.6%); diluted EPS $0.61 (-15.3%).
- Full year 2023 net sales $26.64B (+0.6%); Adj EBITDA $6.307B (+5.1%); Adj EPS $2.98 (+7.2%).
- FY2024 guidance: Organic Net Sales growth 0-2%; Adj Operating Income growth 2-4%; Adj EPS $3.01-$3.07.
- Ended 2023 at target Net Leverage ~3.0x; $3.0B share repurchase program announced with $2.7B remaining.

## SEC filing metadata
- accession: 0001637459-24-000013
- form_type: 8-K
- ticker: KHC
- cik: 0001637459
- company_name: Kraft Heinz Co
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000013/0001637459-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000013/khc-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637459-24-000013
- JSON: https://secwatch.observer/filing/0001637459-24-000013.json
- Plain text: https://secwatch.observer/filing/0001637459-24-000013.txt

## Key facts
- Earnings Releases
  Kraft Heinz Co reported fourth quarter and full year ended December 30, 2023 results: revenue $26,640, net income $2,846, EPS $2.31.
  - Period: fourth quarter and full year ended December 30, 2023
  - Revenue: $26,640
  - Net income: $2,846
  - EPS: $2.31
  - Result: reported results
  source text: % (0.7) % 3.7 pp (4.4) pp For the Year Ended North America $ 20,126 $ 20,340 (1.0) % 1.0 % 7.5 pp (6.5) pp International 6,514 6,145 6.0 % 11.5 % 13.6 pp (2.1) pp Kraft Heinz $ 26,640 $ 26,485 0.6 % 3.4 % 8.9 pp (5.5) pp Net Income/(Loss) and Diluted EPS In millions, except per share data For the Three Months Ended For the Year Ended December 30, 2023 December
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000013/0001637459-24-000013-index.htm

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