Kraft Heinz Q2 net sales fall 1.4%; $6.4 billion operating loss; raises sales outlook
Kraft Heinz reported second-quarter 2026 net sales of $6.3 billion, down 1.4% from a year earlier, and a GAAP operating loss of $6.4 billion driven by $7.4 billion in non-cash impairment losses. Adjusted operating income fell 18.4% to $1.0 billion, and the company raised its full-year organic net sales outlook while narrowing its adjusted EPS range to $2.03 to $2.09 and lowering the top of its constant currency adjusted operating income range. For shareholders, the sales outlook improved but profit measures weakened.
Key points
- Q2 net sales were $6.3 billion, down 1.4%; organic net sales fell 1.3%
- Operating loss of $6.4 billion versus $8.0 billion loss a year earlier; impairment losses were $7.4 billion
- Adjusted EPS was $0.56, down 18.8% from $0.69; adjusted operating income fell 18.4% to $1.0 billion
- 2026 organic net sales outlook raised to down 0.5% to down 2.0%; adjusted EPS expected at $2.03 to $2.09 versus $1.98 to $2.10 prior
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.