---
schema_version: "secwatch.filing_event.v1"
accession: "0001637459-24-000125"
form_type: "8-K"
ticker: "KHC"
cik: "0001637459"
company_name: "Kraft Heinz Co"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:24:34.395518+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kraft Heinz Q2 net sales down 3.6%; lowers full-year organic sales and AOI outlook

## Summary
- Net sales $6.5B, down 3.6% YoY; organic net sales down 2.4% on volume/mix decline of 3.4pp.
- GAAP diluted EPS $0.08 (down 90.1%) due to $854M non-cash impairment; adjusted EPS $0.78 (down 1.3%).
- Adjusted operating income +2.0% to $1.38B; gross margin expanded 210bps to 35.5%.
- FY2024 guidance lowered: organic net sales now -2% to 0% (prior 0-2%); adjusted OI growth 1-3% (prior 2-4%).
- Adjusted EPS reaffirmed at $3.01-$3.07 (growth 1-3%); YTD returned $1.5B via dividends and buybacks.

## SEC filing metadata
- accession: 0001637459-24-000125
- form_type: 8-K
- ticker: KHC
- cik: 0001637459
- company_name: Kraft Heinz Co
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000125/0001637459-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637459/000163745924000125/khc-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637459-24-000125
- JSON: https://secwatch.observer/filing/0001637459-24-000125.json
- Plain text: https://secwatch.observer/filing/0001637459-24-000125.txt

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