KHC · 8-K · 20260805PR000052

Market Demand Trends

Kraft Heinz Co · 2026-08-05 · Importance 49 · Surprise 32

Second-quarter organic net sales decreased 1.3% year over year to $6.207 billion, with volume/mix down 2.6 percentage points. North America organic net sales declined 2.7% on a 3.8-point volume/mix decline, while International Developed Markets declined 0.7% on a 1.4-point volume/mix decline. Emerging Markets was the strongest region, with organic net sales up 8.5% and volume/mix up 4.0 points, led by the combined West and East Emerging Markets and Asia Emerging Markets operating segments. Volume/mix declines were primarily in meats and spoonables, while Easter timing reduced the quarter by approximately 100 basis points and inventory pull-forward provided an approximately 80-basis-point benefit.

Key facts

• The unfavorable volume/mix in the quarter was primarily driven by declines in meats and spoonables and a shift in Easter timing which had an approximate 100 basis point impact source