KHC · 8-K · 20261112PR000084
Guidance and Outlook
Kraft Heinz Co · 2026-11-12 · Importance 46 · Surprise 48 · In source text
Kraft Heinz outlined milestones for a return to top- and bottom-line growth in the second half of 2027, followed by consistent top-line growth and margin expansion in 2028. By 2029, the company expects a self-reinforcing cycle of profitable growth and double-digit total shareholder return, with balanced contributions from earnings growth and capital returned to shareholders. These are forward-looking milestones; the release does not quantify the expected earnings growth or capital-return amounts.
Key facts
- Kraft Heinz expects 2027 Adjusted Operating Income to decline low single-digits versus 2026, with a return to growth in the second half of 2027. source
- Kraft Heinz expects to return to both top- and bottom-line growth in the second half of 2027. source
- Kraft Heinz expects consistent top-line growth and margin expansion in 2028. source
- By 2029, Kraft Heinz expects to deliver double-digit total shareholder return, with balanced contributions from earnings growth and capital returned to shareholders. source
- Kraft Heinz expects full-year 2027 Organic Net Sales to be relatively flat, with a return to growth in the second half of the year. source
- Kraft Heinz expects 2027 Free Cash Flow Conversion to remain at least 100%. source
- Kraft Heinz said it will provide formal 2027 guidance on its fourth quarter earnings call. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | — | Kraft Heinz expects 2027 Adjusted Operating Income to decline low single-digits versus 2026, with a return to growth in the second half of… |
| net_income | positive | committed | — | Kraft Heinz expects to return to both top- and bottom-line growth in the second half of 2027. |
| revenue | positive | committed | — | Kraft Heinz expects consistent top-line growth and margin expansion in 2028. |
| margin | positive | committed | — | Kraft Heinz expects consistent top-line growth and margin expansion in 2028. |
| net_income | positive | committed | — | By 2029, Kraft Heinz expects to deliver double-digit total shareholder return, with balanced contributions from earnings growth and… |
| cash | negative | committed | — | By 2029, Kraft Heinz expects to deliver double-digit total shareholder return, with balanced contributions from earnings growth and… |
| revenue | positive | committed | — | Kraft Heinz expects full-year 2027 Organic Net Sales to be relatively flat, with a return to growth in the second half of the year. |