---
schema_version: "secwatch.filing_event.v1"
accession: "0001637459-24-000066"
form_type: "8-K"
ticker: "KHC"
cik: "0001637459"
company_name: "Kraft Heinz Co"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:54:54.246131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kraft Heinz Q1 adj EPS $0.69 (+1.5% YoY); reaffirms FY24 outlook, raises gross margin view

## Summary
- Net sales $6.4B (-1.2%); Organic Net Sales -0.5% with price +2.7pp offset by volume/mix -3.2pp.
- Adjusted Operating Income $1.265B (+1.7%); gross margin up 240 bps to 35.0%.
- Diluted EPS $0.66 (-2.9%); Adjusted EPS $0.69 (+1.5%); FCF $477M (+116.8%).
- Reaffirms FY24: Organic Net Sales growth 0-2%, Adj. OI growth 2-4%, Adj. EPS $3.01-$3.07.
- Adj. gross margin expansion guidance raised to 50-100 bps from prior 25-75 bps; paid $486M dividends, $329M buybacks in Q1.

## SEC filing metadata
- accession: 0001637459-24-000066
- form_type: 8-K
- ticker: KHC
- cik: 0001637459
- company_name: Kraft Heinz Co
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000066/0001637459-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000066/khc-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637459-24-000066
- JSON: https://secwatch.observer/filing/0001637459-24-000066.json
- Plain text: https://secwatch.observer/filing/0001637459-24-000066.txt

## Key facts
- Earnings Releases
  Kraft Heinz Co updated its first quarter ended March 30, 2024 guidance (reaffirmed).
  - Period: first quarter ended March 30, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 1, 2024, The Kraft Heinz Company issued a press release announcing results for the first quarter ended March 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000066/0001637459-24-000066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.