Kraft Heinz announced a major global reorganization effective July 1, 2026, consolidating operations into three regions: North America, Europe and Pacific Developed Markets, and Emerging Markets, while combining Procurement and Supply Chain into a single central function. The restructuring aims to improve resource allocation and efficiency, though execution risk remains. The company projects $24.9 billion in revenue and $2.8 billion in earnings by 2029, implying flat annual revenue growth and an $8.6 billion earnings increase from the current -$5.8 billion. Analysts had previously estimated earnings could reach about $3.8 billion by 2029 but flagged lagging innovation as a serious risk.
The Kraft Heinz CompanyRestructuring aims to improve efficiency and resource allocation, with projected earnings increase to $2.8 billion by 2029 from current -$5.8 billion, driving share price up 5.1%.