Discontinued — last reported Q3 '23
The Kraft Heinz Company North America — Restructuring and related cost, incurred cost (credit) increased by 156.3% to $9.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 125.0%, from $4.00M to $9.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher costs indicate active operational transformation, while credits may indicate reversals of prior accruals or gains from asset disposals.
Represents the costs or credits associated with organizational restructuring initiatives within the United States busine...
Commonly reported by large consumer goods firms undergoing cost-saving programs or integration efforts.
khc_segment_united_states_restructuring_and_related_cost_incurred_cost_credit| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $1.00M | $4.00M | $3.00M | $20.00M | $6.00M | $4.00M | $6.00M | -$16.00M | $9.00M |
| QoQ Change | — | +300.0% | -25.0% | +566.7% | -70.0% | -33.3% | +50.0% | -366.7% | +156.3% |
| YoY Change | — | — | — | — | +500.0% | +0.0% | -70.0% | -366.7% | +125.0% |