KHC · 10-Q · 2026Q2 · Full report
Segment Profitability
Kraft Heinz Co · 2026-08-05 · Importance 49 · Surprise 32 · No source text
Second-quarter 2026 North America Segment Adjusted Operating Income was $1,112 million, down from $1,173 million in the prior-year quarter. Six-month North America Segment Adjusted Operating Income was $1,962 million, down from $2,219 million, while North America sales fell 1.7% year to date. Six-month total reported operating loss improved to $5,286 million from $6,778 million, primarily reflecting lower impairment losses of $7,365 million versus $9,266 million. The six-month income before income taxes improved to a loss of $5,366 million from a loss of $7,149 million.
Key facts
- For the six months ended June 27, 2026 Segment Adjusted Operating Income for North America was $1,962 million versus prior period $2,219 million and total segment Adjusted Operating Income $2,274 million prior period $2,537 million (Adjusted Cost of Products Sold North America $5,867 current vs $5,931 prior; International $1,178 current vs $1,201 prior) source
- Segment Adjusted Operating Income for the three months ended June 27, 2026: North America $1,112 million and prior period North America $1,173 million (Adjusted Cost of Products Sold for North America $2,982 million current vs $3,060 million prior) source
- Adjusted Operating Income for the three months ended June 27, 2026 was $1,041 million compared to $1,276 million for the three months ended June 28, 2025, a decrease of 18.4%. source
- Adjusted Operating Income for the six months ended June 27, 2026 was $2,099 million compared to $2,475 million for the six months ended June 28, 2025, a decrease of 15.2%. source
- North America Segment Adjusted Operating Income decreased 15.8% to $1,173 million for the three months ended June 27, 2026 compared to the prior year. source
- North America Segment Adjusted Operating Income decreased 13.7% to $2,274 million for the six months ended June 27, 2026 compared to the prior year. source
- Total Segment Adjusted Operating Income for the three months ended June 27, 2026 was $1,112 million compared to $1,309 million for the three months ended June 28, 2025. source
- International Developed Markets Segment Adjusted Operating Income decreased 9.1% to $124 million for the three months ended June 27, 2026 compared to the prior year. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -6.0% | Adjusted Operating Income for the six months ended June 27, 2026 was $2,099 million compared to $2,475 million for the six months ended… |
| operating_income | negative | realized | -5.8% | North America Segment Adjusted Operating Income decreased 13.7% to $2,274 million for the six months ended June 27, 2026 compared to the… |
| operating_income | negative | realized | -4.2% | For the six months ended June 27, 2026 Segment Adjusted Operating Income for North America was $1,962 million versus prior period $2,219… |
| operating_income | negative | realized | -3.8% | Adjusted Operating Income for the three months ended June 27, 2026 was $1,041 million compared to $1,276 million for the three months… |
| operating_income | negative | realized | -3.5% | North America Segment Adjusted Operating Income decreased 15.8% to $1,173 million for the three months ended June 27, 2026 compared to the… |
| operating_income | negative | realized | -1.0% | Segment Adjusted Operating Income for the three months ended June 27, 2026: North America $1,112 million and prior period North America… |