Discontinued — last reported Q4 '23
Cheese and dairy — Net Sales
The Kraft Heinz Company Cheese and dairy — Net Sales increased by 26.3% to $1.15B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 6.7%, from $1.23B to $1.15B. Over 2 years (FY 2021 to FY 2023), Cheese and dairy — Net Sales shows a downward trend with a -11.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful product innovation, effective pricing strategies, or higher consumer demand for dairy products, while a decrease may indicate market share loss, competitive pricing pressure, or shifting consumer preferences away from traditional dairy categories.
Detailed definition
This metric represents the total revenue generated from the sale of cheese and dairy products within the company's speci...
Peer comparison
Peers in the packaged food industry typically report similar segment-level revenue figures, allowing for benchmarking against other diversified food manufacturers with significant dairy or refrigerated food portfolios.
khc_segment_cheese_and_dairy_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.20B | $1.22B | $1.28B | $885.00M | $928.00M | $932.00M | $1.23B | $917.00M | $883.00M | $909.00M | $1.15B |
| QoQ Change | — | +1.8% | +4.9% | -30.7% | +4.9% | +0.4% | +32.1% | -25.5% | -3.7% | +2.9% | +26.3% |
| YoY Change | — | — | — | — | -22.3% | -23.4% | -3.6% | +3.6% | -4.8% | -2.5% | -6.7% |
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Frequently Asked Questions
- What is The Kraft Heinz Company's cheese and dairy — net sales?
- The Kraft Heinz Company (KHC) reported cheese and dairy — net sales of $1.15B in Q4 2023.
- How has The Kraft Heinz Company's cheese and dairy — net sales changed year-over-year?
- The Kraft Heinz Company's cheese and dairy — net sales decreased by 6.7% year-over-year, from $1.23B to $1.15B.
- What is the long-term trend for The Kraft Heinz Company's cheese and dairy — net sales?
- Over 2 years (2021 to 2023), The Kraft Heinz Company's cheese and dairy — net sales has grown at a -11.5% compound annual growth rate (CAGR), from $4.92B to $3.86B.
- What does cheese and dairy — net sales mean?
- The total revenue earned from selling cheese and dairy products.