KHC · 10-Q · 2026Q2 · Full report

Geographic Market Commentary

Kraft Heinz Co · 2026-08-05 · Importance 31 · Surprise 32

North America remained the largest market but experienced organic net sales decline of 2.0% in the first six months of 2026, driven by a 2.7 percentage-point volume/mix decline despite 0.7 percentage points of pricing. International Developed Markets declined 0.4% organically, with volume/mix down 0.8 percentage points partly offset by 0.4 percentage points of pricing. Emerging Markets were the strongest region, with organic net sales growth of 6.1%, supported by 4.4 percentage points of pricing and 1.7 percentage points of volume/mix growth; quarterly organic growth was 8.5%, including 4.0 percentage points of volume/mix growth.

Key facts

• Emerging Markets net sales increased 10.4% to $771 million for the three months ended June 27, 2026 compared to $698 million in the prior year period. source
• International Developed Markets net sales were $865 million for the three months ended June 27, 2026 compared to $897 million for the three months ended June 28, 2025, a decrease of 3.5%. source
• Gross expenses included in nonmonetary currency devaluation were $4 million ($4 million after-tax) for the three months and $16 million ($16 million after-tax) for six months ended June 27, 2026 and were recorded in other expense/(income). source