Kraft Heinz raises 2026 adjusted EPS outlook to $2.07-$2.13 on lower tax rate
KHC•Kraft Heinz raised its 2026 adjusted EPS outlook to $2.07-$2.13 per share, citing a lower tax rate, and now expects organic net sales to decline 0.5%-1.25%. It still expects adjusted operating income to fall 16%-18%.
1. Updated 2026 outlook
Kraft Heinz raised the low end of its 2026 organic net sales outlook, forecasting a decline of 0.5% to 1.25%. Adjusted earnings guidance increased to $2.07-$2.13 per share, reflecting a lower tax rate, while constant-currency adjusted operating income is still expected to fall 16%-18%.
2. Quarterly results and investment
Third-quarter organic net sales fell 1.1%, despite 15.6% growth in emerging markets. Planned commercial investments total about $700 million, with remaining investments scheduled for the fourth quarter; full-year free cash flow conversion is forecast at about 110%.
