Discontinued — last reported Q4 '23
Meats and seafood — Net Sales
The Kraft Heinz Company Meats and seafood — Net Sales decreased by 5.6% to $591.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 16.5%, from $708.00M to $591.00M. Over 2 years (FY 2021 to FY 2023), Meats and seafood — Net Sales shows relatively stable performance with a -3.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong consumer demand or successful pricing strategies within the protein category, while a decrease may indicate market share loss, competitive pressure, or shifting consumer preferences toward plant-based alternatives.
Detailed definition
This metric represents the total revenue generated from the sale of meat and seafood products within the company's speci...
Peer comparison
Comparable to revenue metrics for protein-focused divisions at other diversified food and beverage conglomerates, often benchmarked against broader consumer packaged goods industry growth rates.
khc_segment_meats_and_seafood_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 | $668.00M | $679.00M | $655.00M | $628.00M | $693.00M | $704.00M | $708.00M | $595.00M | $644.00M | $626.00M | $591.00M |
| QoQ Change | — | +1.6% | -3.5% | -4.1% | +10.4% | +1.6% | +0.6% | -16.0% | +8.2% | -2.8% | -5.6% |
| YoY Change | — | — | — | — | +3.7% | +3.7% | +8.1% | -5.3% | -7.1% | -11.1% | -16.5% |
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Frequently Asked Questions
- What is The Kraft Heinz Company's meats and seafood — net sales?
- The Kraft Heinz Company (KHC) reported meats and seafood — net sales of $591.00M in Q4 2023.
- How has The Kraft Heinz Company's meats and seafood — net sales changed year-over-year?
- The Kraft Heinz Company's meats and seafood — net sales decreased by 16.5% year-over-year, from $708.00M to $591.00M.
- What is the long-term trend for The Kraft Heinz Company's meats and seafood — net sales?
- Over 2 years (2021 to 2023), The Kraft Heinz Company's meats and seafood — net sales has grown at a -3.1% compound annual growth rate (CAGR), from $2.61B to $2.46B.
- What does meats and seafood — net sales mean?
- The total revenue earned from selling meat and seafood products.