Kraft Heinz sales fall 1.4% to $6.26 billion

• Kraft Heinz’s second-quarter net sales declined 1.4% to $6.26 billion, while adjusted EPS reached $0.56.
• A $7.4 billion non-cash impairment charge produced a reported operating loss of $6.43 billion.
• Kraft Heinz improved its organic sales outlook and now expects adjusted EPS of $2.03–$2.09 for 2026.

Kraft Heinz (NASDAQ:KHC) reported second-quarter net sales of $6.26 billion, down 1.4%, while adjusted EPS reached $0.56.

Adjusted EPS topped the $0.53 market estimate but declined from $0.69, while organic net sales fell 1.3%.

A $7.4 billion non-cash impairment charge drove a $6.43 billion operating loss, while year-to-date free cash flow rose 10.3% to $1.7 billion.

Kraft Heinz now expects organic sales to decline 0.5%–2% and adjusted EPS of $2.03–$2.09.

Following the announcement, Kraft Heinz's share price was up 0.8% at $26.64.

The company increased planned 2026 brand investments by $100 million to approximately $700 million and declared a regular quarterly dividend of $0.40 per share.

Meanwhile, Kraft Heinz reorganized into North America, Europe and Pacific Developed Markets, and Emerging Markets while combining procurement and supply-chain operations.