KHC · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
Kraft Heinz Co · 2026-08-05 · Importance 49 · Surprise 32 · No source text
Second-quarter 2026 net sales decreased 1.4% year over year to $6.262 billion, while six-month net sales decreased 0.3% to $12.309 billion. Second-quarter organic net sales declined 1.3% to $6.207 billion as unfavorable volume/mix of 2.6 percentage points more than offset 1.3 points of pricing, and six-month organic net sales declined 0.9% as 1.9 points of volume/mix pressure exceeded 1.0 point of pricing. North America sales fell 2.7% to $4.626 billion in the quarter and 1.7% to $9.084 billion for six months, while Emerging Markets sales grew 10.4% to $771 million and 9.0% to $1.517 billion, driven by pricing and favorable volume/mix. Emerging Markets growth was led by Brazil, Venezuela, and China, whereas North America volume/mix declined in meats, spreads, and cheese and International Developed Markets was pressured by Australia, Western Europe, and customer negotiations.
Key facts
- Net sales by category: Condiments, Sauces, and Spreads were $2,897 million for the three months ended June 27, 2026 and $5,599 million for the six months ended June 27, 2026. source
- Net sales for North America were $4,626 million for the three months ended June 27, 2026 and $9,084 million for the six months ended June 27, 2026. source
- North America Organic Net Sales were $4,626 million for the three months ended June 27, 2026 and $9,064 million for the six months ended June 27, 2026. source
- Net sales for the three months ended June 27, 2026 were $6,262 million, a decrease of 1.4% from $6,352 million in the prior year period. source
- Net sales for the six months ended June 27, 2026 were $12,309 million, a decrease of 0.3% from $12,351 million in the prior year period. source
- Organic Net Sales for the three months ended June 27, 2026 were $6,207 million, a decrease of 1.3% from $6,287 million in the prior year period. source
- Organic Net Sales for the six months ended June 27, 2026 were $12,126 million, a decrease of 0.9% from $12,231 million in the prior year period. source
- Net sales for the three months ended June 27, 2026: North America $4,626 million, International Developed Markets $1,708 million, Emerging Markets $1,517 million, Total net sales $6,262 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +196.6% | Net Sales for Kraft Heinz for the six months ended June 27, 2026 were $12,309 million and Organic Net Sales were $12,126 million. |
| revenue | positive | realized | +100.0% | Net Sales for Kraft Heinz for the three months ended June 27, 2026 were $6,262 million and Organic Net Sales were $6,207 million. |
| revenue | negative | realized | -1.7% | Organic Net Sales for the six months ended June 27, 2026 were $12,126 million, a decrease of 0.9% from $12,231 million in the prior year… |
| revenue | negative | realized | -1.4% | Net sales for the three months ended June 27, 2026 were $6,262 million, a decrease of 1.4% from $6,352 million in the prior year period. |
| revenue | negative | realized | -1.3% | Organic Net Sales for the three months ended June 27, 2026 were $6,207 million, a decrease of 1.3% from $6,287 million in the prior year… |
| revenue | negative | realized | -0.7% | Net sales for the six months ended June 27, 2026 were $12,309 million, a decrease of 0.3% from $12,351 million in the prior year period. |
| revenue | positive | realized | — | North America Organic Net Sales were $4,626 million for the three months ended June 27, 2026 and $9,064 million for the six months ended… |