Form 10-Q · Quarterly report
Kraft Heinz 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0001637459
- Accession no.
- 0001637459-26-000054
Summary
Kraft Heinz reported second-quarter 2026 net sales of $6.26 billion, down 1.4% from a year earlier, and a net loss of $5.46 billion ($4.60 per diluted share), while saying it plans to reorganize into three reportable segments in the third quarter of 2026 and that work on its previously announced spin-off into two companies remains paused. The company said it expects supply-chain inflation to rise through 2026 partly because of the Iran conflict, and that modifications to the Supplemental Nutrition Assistance Program under the One Big Beautiful Bill Act have reduced participants and benefits and weighed on demand for its products.
Key points
- Net sales fell 1.4% to $6.3 billion for the quarter ended June 27, 2026, with organic net sales down 1.3% as unfavorable volume/mix of 2.6 percentage points more than offset higher pricing of 1.3 points.
- Kraft Heinz plans to combine its WEEM and AEM operating segments into an Emerging Markets segment and move remaining European countries from WEEM into EPDM, giving three reportable segments effective in the third quarter of 2026.
- The company closed the sale of its Italian infant and specialty food business on December 31, 2025 for cash consideration of about $146 million.
- Kraft Heinz incurred $66 million of separation costs in the six months ended June 27, 2026, and its board paused work on the spin-off announced September 2, 2025 on February 11, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview Objective: The following discussion provides an analysis of our financial condition and results of operations from management's perspective and should be read in conjunction with the condensed consolidated financial statements and related notes included in Item 1, Financial Statements, of this Quarterly Report on Form 10-Q. Our objective is to also provide discussion of material events and uncertainties known to management that are reasonably likely to cause reported financial information not to be indicative of future operating results or of future financial condition and to offer information that provides an understanding of our financial…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.