Wuerth While Wily Wakenings: Kraft-Heinz Five Most Recent Quarterly Higher Pricing Components (Inflation) of Its Total Revenues % Increases Were: +1.5% in the Sept 21 QTR, +3.8% in the Dec 21 QTR, +9.0% in the March 22 QTR, +12.4% in the June 22 QTR and +15.4% in the Sept 22 QTR.

Wednesday, January 4, 2023

Kraft-Heinz Five Most Recent Quarterly Higher Pricing Components (Inflation) of Its Total Revenues % Increases Were: +1.5% in the Sept 21 QTR, +3.8% in the Dec 21 QTR, +9.0% in the March 22 QTR, +12.4% in the June 22 QTR and +15.4% in the Sept 22 QTR.

From its Part I: Item 2 contained in its quarterly 10-Qs filed with the US SEC and also from one of its quarterly earnings releases, here are the higher pricing (inflation) components of The Kraft-Heinz Company for each of the most recent five quarters:

Sept 2021 +1.5%
Dec 2021 +3.8%
March 2022 +9.0%
June 2022 +12.4%
and Sept 2022 +15.4%

Kraft-Heinz's North America segment had 15.3% higher pricing in its Sept 22 quarter and 13.1% higher pricing in its June 22 quarter.

Clearly, the substantial higher pricing decisions by Kraft-Heinz's CEO which were reviewed by the Kraft-Heinz Board of Directors were one of the causes of US inflation being so incredibly high in both the June 2022 and Sept 2022 quarters.

Kraft-Heinz Sept 2022 Quarter Higher Pricing