KHC · 8-K · 20260805PR000052
Income Tax Rate Changes
Kraft Heinz Co · 2026-08-05 · Importance 93 · Surprise 82 · In source text
The company recorded a $916 million income-tax benefit in the second quarter of 2026, compared with a $344 million benefit in the prior-year quarter. The reported tax benefit reduced the second-quarter net loss to $5,460 million, while Adjusted EPS benefited by $0.01 from the effective tax-rate change. For full-year 2026, the company now expects an effective tax rate on Adjusted EPS of approximately 24.5%, versus prior guidance of approximately 25.0%. Lower taxes on adjusted earnings partially offset the 18.4% decline in Adjusted Operating Income when calculating second-quarter Adjusted EPS of $0.56.
Key facts
- The Company now expects an effective tax rate on Adjusted EPS to be approximately 24.5% for the full year 2026 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | unclear | probable | — | The Company now expects an effective tax rate on Adjusted EPS to be approximately 24.5% for the full year 2026 |