Quarterly ResultMay 6, 2026, 07:07 AM
Kraft Heinz Q1 Net Sales $6.0B, Diluted EPS $0.67; Maintains 2026 Outlook
AI Summary
The Kraft Heinz Company reported first-quarter 2026 financial results, with net sales increasing 0.8% to $6.0 billion and diluted EPS rising 13.6% to $0.67. However, Organic Net Sales decreased 0.4% and Adjusted EPS fell 6.5% to $0.58. The company reaffirmed its full-year 2026 outlook, noting steady progress and early momentum from 2025 investments, while acknowledging a volatile operating environment with increasing inflationary pressures.
Key Highlights
- Net sales increased 0.8% to $6.047 billion.
- Organic Net Sales decreased 0.4% year-over-year.
- Diluted EPS increased 13.6% to $0.67.
- Adjusted EPS decreased 6.5% to $0.58.
- Net cash provided by operating activities was $1.0 billion, up 39.7%.
- Free Cash Flow was $0.8 billion, up 58.9%.
- Reaffirmed 2026 Organic Net Sales outlook: down 1.5% to 3.5%.
- Reaffirmed 2026 Adjusted EPS outlook: $1.98 to $2.10.