Kraft Heinz (KHC) reports results: Updates 2026 full year outlook
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Kraft Heinz reported third-quarter 2026 net sales of $6.12 billion, down 2.0% year over year, with organic net sales falling 1.1% as volume/mix declined 1.1% and pricing was flat. Operating income dropped 14.6% to $875 million and net income fell 12.6% to $536 million, while adjusted operating income declined 15.2% to $0.9 billion. North America sales fell 3.4% to $4.49 billion and Europe/Pacific developed markets dropped 5.6% to $910 million, partly offset by a 13.8% jump in emerging markets to $720 million. CEO Steve Cahillane said the turnaround plan is on track and the company raised the low end of its 2026 organic net sales outlook, citing improving share and volume trends across regions. Investors will watch whether that momentum carries into the fourth quarter and supports the company's brand investment plans.
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