The Kraft Heinz Company (KHC) Earnings Call Transcripts

The Kraft Heinz Company's Latest Earnings Call - Q2 FY2026

In Q2 2026, The Kraft Heinz Company reported revenues of $7.5 billion, slightly below the $7.6 billion estimate, reflecting a 2.5% decline in consumption rates. The company maintained its guidance for the fiscal year, with management expressing confidence in offsetting inflation through productivity improvements. Notably, they announced an additional $100 million investment to bolster marketing efforts, signaling a proactive approach to drive growth in 2027.

Reported metrics

Guidance from management

Management maintained its guidance for the fiscal year, indicating confidence in achieving better performance in the second half compared to the first half, despite some macroeconomic challenges.

What management said

And if I just build on that, and Andre mentioned this, if you look at the last 4 weeks, we are seeing proof of that. So we're seeing that. And only 1/3 of our incremental first $600 million has been spent. So -- we still have a lot in market to go, including the additional $100 million that we announced this morning.

And just couple of quick complements Heinz is really having a very strong year. Worldwide, we grew 3% year-to-date and with the expectation to accelerate from where we are right now, condiments in the U.S. which last year was flat, and that's one of the places where we started the step-up investments in the second half of last year. Condiments in total in the U.S. is also growing 3% year-to-date, which is very good. ...

What analysts pressed on

Analysts expressed concerns about the consumption rates and the potential impact of inflation on margins. There were questions regarding the effectiveness of pricing strategies amid competitive pressures and the sustainability of market share recovery.

Main topics on the call

• Investment in Marketing — Management announced an incremental $100 million investment in marketing, stating, "we're spending the additional $100 million because we can from a position of strength." This investment aims to enhance brand performanc...
• Consumption Rate Improvement — Management noted a gradual improvement in consumption rates, with a decline of 2.5% in Q2 expected to improve to down 1% in Q3. CEO Steve Cahillane mentioned, "the momentum is growing," indicating confidence in future pe...
• Market Share Recovery — The company reported a slight recovery in market share, with a decline of only 30 basis points in the first half of 2026, compared to a 90 basis point loss in early 2025. Management highlighted early signs of improvement...
• Inflation Management — Management addressed the inflation outlook for 2027, indicating that it is manageable and that they will focus on productivity to offset costs. Cahillane stated, "we can absolutely manage it," reflecting a confident stan...

Read the full The Kraft Heinz Company transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 74 The Kraft Heinz Company earnings call transcripts on record, spanning February 13, 2020 to August 5, 2026. Based on this history, The Kraft Heinz Company reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KHC

Exchange

NasdaqGS

Country

US

Sector

Consumer Staples

Industry

Food Products

Calls on record

74

First call

February 13, 2020

Most recent

August 5, 2026

Reporting cadence

quarterly