Kraft Heinz Beats Q2 Estimates, Raises 2026 Organic Sales Outlook

Earnings

โดย Zacks Investment Research·

Summary · why it matters

Kraft Heinz topped second-quarter earnings and sales expectations while raising its 2026 organic sales outlook. The company reported adjusted earnings of 56 cents per share, above the Zacks Consensus Estimate of 53 cents, and net sales of $6.262 billion, surpassing the consensus mark of $6.162 billion. Adjusted earnings fell 18.8% year over year, while organic net sales declined 1.3% as a 2.6-point drop in volume/mix more than offset 1.3 points of pricing. Management now expects fiscal 2026 organic net sales to decline 0.5% to 2%, compared with its prior forecast for a 1.5% to 3.5% decline, with the updated range still including an approximately 100-basis-point impact from incremental SNAP headwinds. North America organic net sales fell 2.7% in the second quarter, while Emerging Markets net sales increased 10.4% and organic net sales rose 8.5%. Constant-currency adjusted operating income is projected to fall 16% to 18% for fiscal 2026, incorporating about $700 million of incremental investment versus 2025.

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