Weathering the storm of 2022, Kraft Heinz recently released its fourth quarter and full year results for the year. Despite challenges, the company saw a $672 million boost in its yearly net sales.
“2022 was an incredible year for Kraft Heinz, delivering strong results and ending the fourth quarter with solid momentum that positions us well for 2023,” said Chief Executive Officer and Chair of the Board Miguel Patricio. “We continue to see strength driven by our key growth pillars, while at the same time prioritizing investments in our brands and delivering on efficiencies.”
He went on to discuss the challenges faced by the company in 2022.
“The results were even more impressive considering the difficult operating environment, with record levels of inflation and supply chain disruptions, to which our teams responded with agility. I am very proud of the entire Kraft Heinz team for a strong year, while continuing to execute on our long-term strategy. We are confident that all the work we’ve done thus far positions us well to accelerate profitable growth and generate attractive returns for our stockholders.”
According to a press release, additional highlights from the report include:
Q4 2022 Financial Summary
FY 2022 Financial Summary
For more information regarding the company’s financial results, click here.
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