KHC · 8-K · 20260805PR000052

Operating Expense Trends

Kraft Heinz Co · 2026-08-05 · Importance 47 · Surprise 48 · No source text

Second-quarter selling, general and administrative expenses excluding impairment losses increased 24.2% year over year to $1,107 million from $891 million. The company attributed the decline in Adjusted Operating Income to increased advertising expenses, unfavorable volume/mix, inflationary manufacturing and logistics costs, and higher variable compensation. Six-month SG&A excluding impairment losses increased 23.3% to $2,168 million from $1,759 million. General corporate expenses rose 33.8% in the quarter to $178 million and 23.4% for the six months to $322 million.

Key facts

• The outlook includes an approximate 500 basis-point headwind from lapping lower incentive compensation source

Impact estimates