Kraft Heinz — Third Quarter 2026 Earnings Summary

Kraft Heinz reported third-quarter 2026 net sales of $6.1 billion, a 2.0% decrease from the prior year, with organic net sales declining 1.1%. Adjusted operating income fell 15.2% to $0.9 billion, driven by inflationary pressures, higher variable compensation, and unfavorable volume trends in North America and Europe. The company raised the low end of its full-year 2026 organic net sales outlook to a decline of 0.5% to 1.25% and adjusted its full-year adjusted EPS guidance to a range of $2.07 to $2.13. Year-to-date free cash flow was $2.4 billion, down 5.2%, while the company returned $1.4 billion to stockholders through dividends.