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The Kraft Heinz | 10-Q: Q2 2024 Earnings Report

The Kraft Heinz | 10-Q: Q2 2024 Earnings Report

卡夫亨氏 | 10-Q:2024财年二季报
美股SEC公告 ·  2024/07/31 13:22

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Kraft Heinz reported Q2 2024 net sales of $6.48 billion, down 3.6% from $6.72 billion in Q2 2023, with organic net sales declining 2.4%. The decrease was primarily driven by unfavorable volume/mix of 3.4%, partially offset by higher pricing of 1.0%. Operating income fell 62.1% to $522 million, mainly due to an $854 million non-cash goodwill impairment charge related to the Meat & Cheese reporting unit.The company's North America segment, its largest division, saw net sales decrease 3.1% to $4.92 billion, while International Developed Markets declined 5.0% to $885 million. Emerging Markets net sales fell 5.7% to $670 million, though organic net sales grew 3.4%. Segment Adjusted Operating Income increased 2.0% to $1.38 billion, driven by lower commodity costs and reduced logistics expenses.Looking ahead, Kraft Heinz expects inflation to moderate through the remainder of 2024 compared to 2023 levels. The company continues to manage commodity cost volatility through pricing actions and hedging strategies. Capital expenditures for 2024 are projected at approximately $1.1 billion, focused on growth initiatives including capacity expansion, digital projects, and innovation.
Kraft Heinz reported Q2 2024 net sales of $6.48 billion, down 3.6% from $6.72 billion in Q2 2023, with organic net sales declining 2.4%. The decrease was primarily driven by unfavorable volume/mix of 3.4%, partially offset by higher pricing of 1.0%. Operating income fell 62.1% to $522 million, mainly due to an $854 million non-cash goodwill impairment charge related to the Meat & Cheese reporting unit.The company's North America segment, its largest division, saw net sales decrease 3.1% to $4.92 billion, while International Developed Markets declined 5.0% to $885 million. Emerging Markets net sales fell 5.7% to $670 million, though organic net sales grew 3.4%. Segment Adjusted Operating Income increased 2.0% to $1.38 billion, driven by lower commodity costs and reduced logistics expenses.Looking ahead, Kraft Heinz expects inflation to moderate through the remainder of 2024 compared to 2023 levels. The company continues to manage commodity cost volatility through pricing actions and hedging strategies. Capital expenditures for 2024 are projected at approximately $1.1 billion, focused on growth initiatives including capacity expansion, digital projects, and innovation.
卡夫亨氏报告2024年第二季度净销售额为64.8亿美金,比2023年第二季度的67.2亿美金下降了3.6%,同期的有机净销售额下降了2.4%。下降主要是由于不利的成交量/组合影响为3.4%,部分被1.0%的价格上涨抵消。运营收入下降62.1%,降至52200万美金,主要是因为与家畜肉类和奶酪报告单元相关的85400万美金的非现金商誉减值费用。该公司的北美部门是其最大的部门,净销售额下降3.1%,降至49.2亿美金,而国际发达市场则下降5.0%,降至88500万美金。新兴市场净销售额下降5.7%,降至67000万美金,但有机净销售额增长了3.4%。部门调整后的运营收入增长2.0%,达到13.8亿...展开全部
卡夫亨氏报告2024年第二季度净销售额为64.8亿美金,比2023年第二季度的67.2亿美金下降了3.6%,同期的有机净销售额下降了2.4%。下降主要是由于不利的成交量/组合影响为3.4%,部分被1.0%的价格上涨抵消。运营收入下降62.1%,降至52200万美金,主要是因为与家畜肉类和奶酪报告单元相关的85400万美金的非现金商誉减值费用。该公司的北美部门是其最大的部门,净销售额下降3.1%,降至49.2亿美金,而国际发达市场则下降5.0%,降至88500万美金。新兴市场净销售额下降5.7%,降至67000万美金,但有机净销售额增长了3.4%。部门调整后的运营收入增长2.0%,达到13.8亿美金,得益于较低的商品成本和减少的物流支出。展望未来,卡夫亨氏预计2024年剩余时间内的通胀相比2023年的水平将会减缓。公司继续通过定价措施和对冲策略来管理商品成本的波动。2024年的资本支出预计约为11亿美金,重点投资于包括产能扩大、数字项目和创新的增长计划。
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