Discontinued — last reported Q4 '23
Frozen and chilled foods — Net Sales
The Kraft Heinz Company Frozen and chilled foods — Net Sales decreased by 4.2% to $725.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 10.4%, from $809.00M to $725.00M. Over 2 years (FY 2021 to FY 2023), Frozen and chilled foods — Net Sales shows relatively stable performance with a 3.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growing consumer demand or successful product expansion in the convenience food category, while a decrease may indicate market saturation or competitive pressure.
Detailed definition
This metric represents the total revenue generated from the sale of frozen and chilled food products within the company'...
Peer comparison
Peers in the consumer packaged goods sector report similar segment-level revenue to track performance in specific product categories like prepared meals and refrigerated goods.
khc_segment_frozen_and_chilled_foods_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 | $657.00M | $666.00M | $701.00M | $674.00M | $708.00M | $731.00M | $809.00M | $719.00M | $709.00M | $757.00M | $725.00M |
| QoQ Change | — | +1.4% | +5.3% | -3.9% | +5.0% | +3.2% | +10.7% | -11.1% | -1.4% | +6.8% | -4.2% |
| YoY Change | — | — | — | — | +7.8% | +9.8% | +15.4% | +6.7% | +0.1% | +3.6% | -10.4% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is The Kraft Heinz Company's frozen and chilled foods — net sales?
- The Kraft Heinz Company (KHC) reported frozen and chilled foods — net sales of $725.00M in Q4 2023.
- How has The Kraft Heinz Company's frozen and chilled foods — net sales changed year-over-year?
- The Kraft Heinz Company's frozen and chilled foods — net sales decreased by 10.4% year-over-year, from $809.00M to $725.00M.
- What is the long-term trend for The Kraft Heinz Company's frozen and chilled foods — net sales?
- Over 2 years (2021 to 2023), The Kraft Heinz Company's frozen and chilled foods — net sales has grown at a 3.9% compound annual growth rate (CAGR), from $2.70B to $2.91B.
- What does frozen and chilled foods — net sales mean?
- The total revenue earned from selling frozen and chilled food products.