Kraft Heinz reports Q2 adjusted EPS 78c, consensus 73c

Reports Q2 revenue $6.48B, consensus $6.55B. “Our second quarter net sales growth came in lower than originally anticipated, as consumer sentiment remains cautious,” said Kraft Heinz CEO Carlos Abrams-Rivera. “While we are now expecting a more gradual top-line improvement in the back half of the year, we continue to unlock efficiencies that are allowing us to make accretive investments in our brands, grow profits, and drive future sales growth.”