KHC Q1 2026

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Earnings

Kraft Heinz delivered a stronger-than-expected first quarter, posting adjusted EPS of $0.58 against a consensus estimate of $0.50, a 15.38% beat that extended the company's streak of topping Wall Street's earnings expectations to four consecutive qua… Read more Kraft Heinz delivered a stronger-than-expected first quarter, posting adjusted EPS of $0.58 against a consensus estimate of $0.50, a 15.38% beat that extended the company's streak of topping Wall Street's earnings expectations to four consecutive quarters. Revenue came in at $6.05 billion, ahead of the $5.88 billion estimate by 2.85% and up 0.8% year over year, though the surface-level headline masked underlying pressure, with organic net sales slipping 0.4% as volume weakness in coffee, cold cuts, and Indonesia weighed on results. A sharply lower tax provision, $211 million versus $304 million a year ago, was the single most material driver lifting GAAP net income 11.9% to $799 million even as Adjusted Operating Income fell 11.8% to $1.06 billion amid heavier marketing spend and manufacturing cost inflation. Free cash flow was a genuine bright spot, jumping 58.9% to $766 million. For the full year, management reiterated guidance for Adjusted EPS of $1.98 to $2.10, with organic net sales expected to decline 1.5% to 3.5%, reflecting a volatile consumer backdrop and roughly $600 million in planned incremental investments.