Kraft Heinz Non-GAAP EPS of $0.68 beats by $0.08, revenue of $6.49B beats by $100M
Kraft Heinz press release  (NASDAQ:KHC): Q1  Non-GAAP EPS of $0.68  beats by $0.08.
Revenue of $6.49B (+7.3% Y/Y)  beats by $100M.
The company reaffirms its expectation of 2023 OrganicÂ Net SalesÂ growth of 4 to 6 percent versus 2022.
It is raising 2023 Constant Currency Adjusted EBITDAÂ guidance to growth of 4 to 6 percent versus 2022, or 6 to 8 percent when excluding the impact from lapping the 53rd week in 2022;Â raising 2023 Adjusted EPSÂ guidance to be in the range of $2.83 to $2.91 vs. consensus of $2.72.