Kraft Heinz (KHC) Tops Q1 EPS by 8c; reaffirms guidance

Kraft Heinz (NASDAQ: KHC) reported Q1 EPS of $0.58, $0.08 better than the analyst estimate of $0.50. Revenue for the quarter came in at $6.05 billion versus the consensus estimate of $5.88 billion.

GUIDANCE:

Kraft Heinz sees FY2026 EPS of $1.98-$2.10, versus the consensus of $2.04.

Organic Net Sales(1)(2) down 1.5 percent to down 3.5 percent versus the prior year. This includes an approximate 100 basis point impact from incremental SNAP headwinds.
Constant Currency Adjusted Operating Income(1)(2) down 14 percent to down 18 percent versus the prior year. This includes incremental investments of approximately $600 million across marketing, sales, and R&D, as well as product superiority and price. It also includes the impact of lapping lower variable compensation in 2025, which is an approximate 300 basis point headwind. This contemplates an Adjusted Gross Profit Margin(1)(2) that is expected to be down 25 basis points to down 75 basis points versus the prior year.

For earnings history and earnings-related data on Kraft Heinz (KHC) click here.

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