KHC · 10-Q · 2026Q3 · Full report

North America Segment Performance

Kraft Heinz Co · 2026-11-04 · Importance 54 · Surprise 40

For the nine months ended September 26, 2026, North America net sales decreased 2.3% to $13.6 billion and Organic Net Sales fell 2.4% to $13.6 billion. Unfavorable volume/mix of 2.6 percentage points more than offset higher pricing of 0.2 points, with declines in meats, refreshment beverages, certain condiments, and coffee. Segment Adjusted Operating Income fell 12.7% to $2.9 billion, primarily reflecting unfavorable volume/mix, higher advertising, manufacturing and logistics inflation, variable compensation, and R&D expenditures. For the third quarter, Segment Adjusted Operating Income declined 10.5% to $911 million as unfavorable volume/mix, lower pricing, people costs, and inflation outweighed procurement efficiencies.