Kraft Heinz reports Q3 adjusted EPS 75c, consensus 74c

Reports Q3 revenue $6.38B, consensus $6.42B. “In the third quarter, our top-line performance across two of our strategic pillars, Global Away From Home and Emerging Markets, grew in line with our expectations,” said Kraft Heinz (KHC) CEO Carlos Abrams-Rivera. “As we look forward, we are expecting continued momentum in these two pillars. When we look at our U.S. Retail business, we are expecting more of an elongated recovery, driven by specific categories that continue to experience pressure.”