Overview
- Kraft Heinz, which reported results Wednesday, posted $6.05 billion in sales and $0.58 adjusted EPS and beat Wall Street estimates.
- The company kept its 2026 outlook for adjusted EPS of $1.98 to $2.10 and expects organic sales to fall 1.5% to 3.5% including a one‑percentage‑point hit from reduced SNAP benefits.
- Organic sales slipped 0.4% as North America declined 0.7% and Emerging Markets grew 7.6%.
- Adjusted gross margin edged down 30 basis points to 34.1% and adjusted operating income fell 11.8% to $1.1 billion.
- Leaders said 2025 brand investments are lifting momentum with about 35% of categories holding or gaining share, and they warned of inflation and packaging resin exposure once hedges lapse in mid‑Q3.