财务数据和关键指标变化 - 公司预计2024年全年通胀率将保持在低单位数水平,与之前预期一致 [26][27] - 毛利率指引有所提升,但销售费用有所增加,主要是为了加大营销投入以提升品牌力 [27][28] 各条业务线数据和关键指标变化 - 加速平台(ACCELERATE)业务保持平稳,部分核心品类如Mac & Cheese和调味品实现了份额增长 [17][18] - 保护平台(PROTECT)业务受SNAP福利下降影响,份额有所下滑,但公司正在进行品牌翻新以提升消费者偏好 [17] - 平衡平台(BALANCE)业务整体下滑4%,但毛利润增长5%,公司在维持核心投入的同时注重利润管理 [59][60] 各个市场数据和关键指标变化 - 新兴市场如巴西在第一季度受到出货时间安排影响,但预计在第二季度及下半年将恢复中长期增长轨道 [55] - 美国零售市场近5周内公司的体积份额和美元份额均有所改善,优于年初至今的表现 [16] - 美国餐饮业务受到一些客户退出和餐饮交通下降的影响,但公司正在拓展更高毛利的渠道如酒店和旅游业 [33][34][35] 公司战略和发展方向及行业竞争 - 公司持续推进创新,在2023年实现了20亿美元的新增销售,并被评为全球50大最具创新力企业之一 [10] - 公司正在通过提供更多价值选择、植物基新品等方式满足不同收入水平消费者的需求 [9][10] - 公司正在加强与主要零售商的合作伙伴关系,利用自身品类组合优势提供差异化的促销方案 [42][43] 管理层对经营环境和未来前景的评论 - 尽管消费者情绪有所改善,但低收入群体仍受高利率、油价和储蓄下降的影响,表现谨慎 [8] - 公司相信自身拥有创新能力、品牌翻新实力和最佳团队,能够满足不同收入水平消费者的需求 [10][11] - 公司对未来保持乐观,预计新兴市场和美国零售业务将逐步恢复增长,餐饮业务也将逐步改善 [55][56][57] 问答环节重要的提问和回答 问题1 **Andrew Lazar 提问** 询问加速平台(ACCELERATE)的份额表现以及餐饮业务的情况 [15] **Carlos Abrams-Rivera 回答** - 加速平台业务保持平稳,部分核心品类如Mac & Cheese和调味品实现了份额增长 [16][17][18] - 餐饮业务受到一些客户退出和餐饮交通下降的影响,但公司正在拓展更高毛利的渠道如酒店和旅游业 [33][34][35] 问题2 **Ken Goldman 提问** 询问成本通胀情况以及在咖啡等原材料价格上涨时的定价策略 [24] **Carlos Abrams-Rivera 和 Andre Maciel 回答** - 公司预计全年通胀率将保持在低单位数水平,主要集中在第二、三季度 [26][27] - 公司会根据大宗商品价格变化进行有针对性的定价调整,以平衡消费者承受能力 [26][27] 问题3 **John Baumgartner 提问** 询问私有品牌在一些品类的份额增长情况,以及公司在与零售商的合作中的优势 [41][42] **Carlos Abrams-Rivera 回答** - 公司凭借品牌实力和持续的产品翻新,在应对私有品牌竞争方面保持优势 [42][43] - 公司与主要零售商的深度合作,能够提供差异化的促销方案,在执行和创新方面具有优势 [42][43]

Key PointsKraft Heinz plunges on tepid results; results weren't better than expected, but they aren't bad. The deep-value, high-yield opportunity is still available for income investors. Analysts continue to rate the stock at Hold and see it advancing at least 10%. 5 stocks we like better than Kraft HeinzAs tepid as Kraft Heinz's NASDAQ: KHC Q1 results and guidance for Q2 are, they aren’t bad. The results and guidance align with the company’s forecast for Q1 and the analysts' forecasts for Q1 and Q2, which ...

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz.The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in sales, driven by lower-income consumers spending less at both the supermarket and on meals away from home. The company said it raised its prices 2.7% year over -year to offset the cost of goods such as coffee.“The gap between high and low earners continues to remain wide, and it shows a clear and continued bifurcation,” CEO Carl ...

Key TakeawaysKraft Heinz shares dropped after the company reported first-quarter results that missed analysts' estimates. The food and beverage giant said its sales and volume/mix dropped as higher prices dragged down demand.Kraft Heinz said the slide in its volume/mix was also hurt by the reduction of Supplemental Nutrition Assistance Program (SNAP) benefits in the U.S. Higher prices weighed on demand for Kraft Heinz (KHC) products, and shares dropped over 6% in early trading Wednesday after the food and ...

The Kraft Heinz Company (KHC) posted first-quarter 2024 results, wherein the bottom line increased year over year and beat the Zacks Consensus Estimate despite the top line declining from the year-ago period.The first-quarter show came in tandem with management’s expectations, including growth in each of the company’s three strategic pillars — Global Away From Home, Emerging Markets and North America Retail ACCELERATE Platforms. Additionally, KHC witnessed continued sequential volume improvement and operati ...

Kraft Heinz (KHC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.47%. A quarter ago, it was expected that this the processed food company with dual headquarters in Pittsburgh and Chicago would post earnings of $0.77 per share when it actually produced earnings of $0.78, delivering ...

Exhibit 99.1 Contacts: Alex Abraham (media) Anne-Marie Megela (investors) Alex.Abraham@kraftheinz.com anne-marie.megela@kraftheinz.com KRAFT HEINZ REPORTS FIRST QUARTER 2024 RESULTS Reaffirms Full Year Outlook First Quarter Highlights • Net sales decreased 1.2%; Organic Net Sales(1) decreased 0.5% • Gross profit margin increased 240 basis points to 35.0%; Adjusted Gross Profit Margin(1) increased 170 basis points to 34.5% • Operating Income increased 4.7%; Adjusted Operating Income(1) increased 1.7% • Dilut ...

Warren Buffett may be the Oracle of Omaha, but his track record isn’t perfect. Just look to his losing airline play that saw Buffett dump a slew of airline stocks, including Delta (NYSE:DAL) and American (NASDAQ:AAL), at or near their initial pandemic bottom in May 2020 — companies which, like Delta, nearly doubled in the interim.Likewise, many consider Buffett’s age a concern as Berkshire Hathaway’s (NYSE:BRK-A, NYSE:BRK-B) future remains uncertain. While always a concern, investors’ fears magnified after ...

As The Kraft Heinz Company (KHC) gears up to report its first-quarter 2024 results on May 1, before market open, investors find themselves at a crossroads, evaluating the company's trajectory amid a challenging operational landscape. With quarterly projections indicating a dip in revenue and a stagnant bottom-line figure, the upcoming earnings release prompts a critical question — Should one approach KHC with caution ahead of this event?The Zacks Consensus Estimate for the to-be-reported quarter’s revenues ...

In its upcoming report, Kraft Heinz (KHC) is predicted by Wall Street analysts to post quarterly earnings of $0.68 per share, reflecting no change compared to the same period last year. Revenues are forecasted to be $6.42 billion, representing a year-over-year decrease of 1.1%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a ...