Kraft Heinz Q2 2024: Financial Snapshot

Ticker: KHC · Form: 10-Q · Filed: 2024-07-31T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, balance-sheet

Related Tickers: KHC

TL;DR

KHC's Q2 2024 10-Q is out. Shows debt, equity, and retained earnings figures for 2023-2024.

AI Summary

Kraft Heinz Co. reported its second quarter 2024 results for the period ending June 29, 2024. The company's financial statements indicate various balance sheet items, including common stock, senior notes, and retained earnings, with specific figures available for different reporting dates throughout 2023 and 2024. The filing also references the company's fiscal year end as December 28.

Why It Matters

This filing provides investors with a detailed look at Kraft Heinz's financial health and position as of mid-2024, including its debt and equity structure.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing (10-Q) that provides balance sheet information and does not contain significant new risk disclosures.

Key Numbers

Key Players & Entities

FAQ

What is the period of report for this 10-Q filing?

The period of report is 20240629, representing the second quarter of 2024.

What is Kraft Heinz Co.'s fiscal year end?

Kraft Heinz Co.'s fiscal year ends on 1228.

What is the company's business address?

The business address is ONE PPG PLACE, PITTSBURGH, PA 15222.

When was the company's name changed from H.J. Heinz Holding Corp?

The date of the name change was 20150323.

What are some of the key balance sheet items mentioned for the reporting periods?

Key balance sheet items mentioned include us-gaap:CommonStockMember, khc:FloatingRateSeniorNotesDue2025Member, khc:SeniorNotesDue2029Member, and us-gaap:RetainedEarningsMember for various dates in 2023 and 2024.

From the Filing

0001637459-24-000129.txt : 20240731 0001637459-24-000129.hdr.sgml : 20240731 20240731161938 ACCESSION NUMBER: 0001637459-24-000129 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 96 CONFORMED PERIOD OF REPORT: 20240629 FILED AS OF DATE: 20240731 DATE AS OF CHANGE: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Kraft Heinz Co CENTRAL INDEX KEY: 0001637459 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 462078182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-37482 FILM NUMBER: 241162257 BUSINESS ADDRESS: STREET 1: ONE PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 412-456-5700 MAIL ADDRESS: STREET 1: ONE PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: H.J. Heinz Holding Corp DATE OF NAME CHANGE: 20150323 10-Q 1 khc-20240629.htm 10-Q khc-20240629 false 2024 Q2 0001637459 12-28 365 270 xbrli:shares iso4217:USD iso4217:USD xbrli:shares khc:operatingSegment khc:segment khc:employee xbrli:pure iso4217:EUR iso4217:GBP iso4217:CAD iso4217:JPY 0001637459 2023-12-31 2024-06-29 0001637459 us-gaap:CommonStockMember 2023-12-31 2024-06-29 0001637459 khc:FloatingRateSeniorNotesDue2025Member 2023-12-31 2024-06-29 0001637459 khc:SeniorNotesDue2029Member 2023-12-31 2024-06-29 0001637459 2024-07-27 0001637459 2024-03-31 2024-06-29 0001637459 2023-04-02 2023-07-01 0001637459 2023-01-01 2023-07-01 0001637459 2024-06-29 0001637459 2023-12-30 0001637459 us-gaap:CommonStockMember 2023-12-30 0001637459 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0001637459 us-gaap:RetainedEarningsMember 2023-12-30 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-30 0001637459 us-gaap:TreasuryStockCommonMember 2023-12-30 0001637459 us-gaap:NoncontrollingInterestMember 2023-12-30 0001637459 us-gaap:RetainedEarningsMember 2023-12-31 2024-03-30 0001637459 us-gaap:NoncontrollingInterestMember 2023-12-31 2024-03-30 0001637459 2023-12-31 2024-03-30 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 2024-03-30 0001637459 us-gaap:TreasuryStockCommonMember 2023-12-31 2024-03-30 0001637459 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 2024-03-30 0001637459 us-gaap:CommonStockMember 2024-03-30 0001637459 us-gaap:AdditionalPaidInCapitalMember 2024-03-30 0001637459 us-gaap:RetainedEarningsMember 2024-03-30 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-30 0001637459 us-gaap:TreasuryStockCommonMember 2024-03-30 0001637459 us-gaap:NoncontrollingInterestMember 2024-03-30 0001637459 2024-03-30 0001637459 us-gaap:RetainedEarningsMember 2024-03-31 2024-06-29 0001637459 us-gaap:NoncontrollingInterestMember 2024-03-31 2024-06-29 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 2024-06-29 0001637459 us-gaap:TreasuryStockCommonMember 2024-03-31 2024-06-29 0001637459 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 2024-06-29 0001637459 us-gaap:CommonStockMember 2024-06-29 0001637459 us-gaap:AdditionalPaidInCapitalMember 2024-06-29 0001637459 us-gaap:RetainedEarningsMember 2024-06-29 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-29 0001637459 us-gaap:TreasuryStockCommonMember 2024-06-29 0001637459 us-gaap:NoncontrollingInterestMember 2024-06-29 0001637459 us-gaap:CommonStockMember 2022-12-31 0001637459 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001637459 us-gaap:RetainedEarningsMember 2022-12-31 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001637459 us-gaap:TreasuryStockCommonMember 2022-12-31 0001637459 us-gaap:NoncontrollingInterestMember 2022-12-31 0001637459 2022-12-31 0001637459 us-gaap:RetainedEarningsMember 2023-01-01 2023-04-01 0001637459 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-04-01 0001637459 2023-01-01 2023-04-01 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-0

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