Kraft Heinz reports mixed Q4 results; initiates FY24 outlook

• Kraft Heinz press release (NASDAQ:KHC): Q4 Non-GAAP EPS of $0.78 beats by $0.01.
• Revenue of $6.9B (-7.1% Y/Y) misses by $80M.

• Outlook

  For fiscal year 2024, the Company expects:

  • Organic Net Sales growth of 0 to 2 percent versus the prior year