KHC · 10-Q · 2026Q2

Kraft Heinz Co

Filed 2026-08-05 · Consumer · View original filing on EDGAR

Ranked Events

• Debt PositionImportance 74 · Surprise 58
  Cash and cash equivalents totaled $2.4 billion at June 27, 2026, including $1.1 billion held by international subsidiaries. Long-term debt declined to $19.0 billion from $21.2 billion at December 27, 2025 after…
• Goodwill and Brand ImpairmentsImportance 71 · Surprise 60
  Kraft Heinz recorded $7.4 billion of impairment losses in the six months ended June 27, 2026, comprising $2.4 billion of goodwill impairments and $4.9 billion of indefinite-lived intangible-asset impairments. The…
• Net Income and EPS PerformanceImportance 64 · Surprise 56
  Second-quarter 2026 net loss attributable to common shareholders was $5,460 million, compared with a $7,824 million loss in the prior-year quarter. Six-month net loss attributable to common shareholders was $4,662…
• Capital Expenditure PlanImportance 58 · Surprise 38
  Kraft Heinz expects 2026 capital expenditures of approximately $850 million, up from $801 million in 2025. The planned increase is approximately $49 million, or 6.1%, year over year. Spending is expected to focus on…
• Revolving Credit FacilityImportance 58 · Surprise 42
  Kraft Heinz and Kraft Heinz Foods Company maintain a $4.0 billion senior unsecured revolving credit facility, whose maturity was extended from July 8, 2030 to July 8, 2031 through an amendment dated July 8, 2026. In…
• Acquisition / Partnership / DivestitureImportance 58 · Surprise 68
  Kraft Heinz completed the sale of its infant and specialty food business in Italy on December 31, 2025 for approximately $146 million of cash consideration. The divestiture reduced International Developed Markets…
• Operating Income and MarginsImportance 54 · Surprise 40
  Second-quarter operating income improved to a loss of $6.431 billion from a loss of $7.974 billion because non-cash impairment losses were $1.9 billion lower year over year. Excluding the impairment change, operating…
• Segment ProfitabilityImportance 49 · Surprise 32
  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,…
• Gross Margin DriversImportance 49 · Surprise 32
  Second-quarter 2026 gross profit was $2,028 million, down $155 million, or 7.1%, from $2,183 million in the second quarter of 2025. Gross margin declined to approximately 32.4% from 34.4% year over year as cost of…
• Revenue Performance and MixImportance 49 · Surprise 32
  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…
• Separation Transaction PauseImportance 47 · Surprise 60
  Kraft Heinz paused work on its planned tax-free spin-off into two independent publicly traded companies on February 11, 2026. Any restart would require Board approval, favorable U.S. tax opinions, and effective SEC…
• IRS Transfer Pricing InvestigationImportance 44 · Surprise 60
  The Internal Revenue Service is examining Kraft Heinz’s income taxes for 2018 through 2022, including transfer-pricing arrangements with foreign subsidiaries. Notices of Proposed Adjustment could increase U.S. federal…
• Inflation and Tariff ImpactsImportance 43 · Surprise 32
  Kraft Heinz experienced lower supply-chain inflation in the six months ended June 27, 2026, but expects inflationary pressures to increase throughout 2026 partly because of the Iran Conflict. The company is using…
• SNAP Program ChangesImportance 40 · Surprise 42
  The U.S. One Big Beautiful Bill Act, signed July 4, 2025, modified the Supplemental Nutrition Assistance Program. As of the second quarter of 2026, the changes had reduced SNAP participation and average benefits…
• Supply Chain ConstraintsImportance 37 · Surprise 32
  Kraft Heinz continued to experience inflationary pressure in procurement, manufacturing, and logistics costs, with the pressure outpacing efficiency initiatives in several segments. Management is using efficiency…
• Competition and Pricing PressureImportance 37 · Surprise 32
  Kraft Heinz raised prices across all segments to address higher input costs and inflationary pressures, including in North American refreshment beverages and coffee and in certain Emerging Markets countries. Pricing…
• DividendsImportance 37 · Surprise 6
  Kraft Heinz paid $949 million of common-stock dividends during the six months ended June 27, 2026. The Board declared a quarterly cash dividend of $0.40 per share payable September 25, 2026 to shareholders of record…
• Environmental Regulatory ProceedingsImportance 37 · Surprise 42
  Since March 2024, Kraft Heinz has discussed alleged Clean Water Act violations at its Kendallville, Indiana facility with the U.S. Department of Justice, the U.S. Environmental Protection Agency, and the Indiana…
• Headcount and RestructuringImportance 37 · Surprise 42
  Kraft Heinz is executing global restructuring programs focused primarily on streamlining its organizational design. The Company eliminated approximately [amount not provided] positions during the six months ended June…
• Debt Extinguishment GainImportance 36 · Surprise 42
  Kraft Heinz recorded a $228 million pre-tax gain in the six months ended June 27, 2026 from debt prepayment and extinguishment activities. The gain included a $265 million gain from extinguishment of debt, partially…

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