Kraft Heinz Non-GAAP EPS of $0.79 beats by $0.03, revenue of $6.72B misses by $80M
Kraft Heinz press release (NASDAQ:KHC): Q2 Non-GAAP EPS of $0.79  beats by $0.03.
Revenue of $6.72B (+2.6% Y/Y)  misses by $80M.

FY2023 Outlook: Organic Net Sales growth of 4 to 6 percent versus the prior year; Constant Currency Adjusted EBITDA growth of 4 to 6 percent versus the prior year, or 6 to 8 percent when excluding the impact from lapping a 53rd week in 2022; Adjusted Gross Profit Margin expansion of 150 to 200 basis points versus the prior year, as compared to the company's previous expectation of 125 to 175 basis points; Adjusted EPS to be in the range of $2.83 to $2.91 vs. consensus of $2.89.