Highest-materiality recent filing
Kraft Heinz issues €1B new notes at 3.5% and 3.95%; tenders ~$1.38B of 4.375% 2046 notes
Issued €500M 3.5% notes due 2031 and €500M 3.95% notes due 2034; proceeds to fund tender.
Kraft Heinz subsidiary commences up to $1.1B cash tender offer for 2046 and 2049 senior notes
Kraft Heinz Foods offers to buy up to $1.1B aggregate principal of its 4.375% notes due 2046 and 4.875% notes due 2049.
Kraft Heinz Q1 net sales up 0.8% to $6.0B; adjusted EPS down 6.5% to $0.58; FY outlook reaffirmed
Net sales $6,047M (+0.8% YoY); Organic Net Sales fell 0.4%. Adjusted EPS $0.58 (-6.5%).
Kraft Heinz North America president Pedro Navio stepping down Feb 22, 2026
Pedro Navio, EVP and President of North America, departs to pursue other opportunities effective Feb 22, 2026.
Kraft Heinz Q4 adj EPS $0.67 (-20% YoY); pauses separation, announces $600M investment
FY2025 net sales $24.9B, -3.5% YoY; Organic Net Sales -3.4%. Operating loss of $4.7B from $9.3B impairment.
Kraft Heinz registers up to 325M shares for potential resale by Berkshire Hathaway and 3G
Filed resale prospectus supplement registering up to 325,442,152 shares of common stock held by Berkshire Hathaway and 3G Global Food Holdings LP.
Kraft Heinz names Steve Cahillane CEO; Carlos Abrams-Rivera departs; John Cahill becomes Board Chair
Steve Cahillane, former Kellanova CEO, appointed Kraft Heinz CEO effective Jan 1, 2026; will also lead Global Taste Elevation Co. post-separation.
Kraft Heinz Q3 adj. EPS $0.61 misses, cuts FY25 organic sales and adj. operating income guidance
Q3 net sales $6.2B down 2.3% YoY; organic net sales down 2.5%.
Kraft Heinz to separate into two public companies via tax-free spin-off
CEO Carlos Abrams-Rivera will become CEO of North American Grocery Co. upon completion.
Kraft Heinz Q2 operating loss of $8B on $9.3B impairment; adjusted EPS $0.69, down 11.5%
Net sales $6.35B, down 1.9% YoY; organic net sales down 2.0% on volume/mix decline of 2.7pp.
Kraft Heinz Q1 net sales down 6.4%, adjusted EPS $0.62; full-year outlook lowered
Organic net sales declined 4.7% vs prior year; volume/mix fell 5.6 pp, price up 0.9 pp.
Full year net sales $25.8B (-3.0%); organic net sales -2.1%; adjusted operating income +1.2% to $5.4B.
Kraft Heinz Q3 net sales down 2.8%; posts $1.4B impairment; narrows FY outlook
Net sales $6.4B, -2.8%; Organic Net Sales -2.2%; price +1.2pp, volume/mix -3.4pp.
Kraft Heinz Q2 net sales down 3.6%; lowers full-year organic sales and AOI outlook
Net sales $6.5B, down 3.6% YoY; organic net sales down 2.4% on volume/mix decline of 3.4pp.
Kraft Heinz Q1 adj EPS $0.69 (+1.5% YoY); reaffirms FY24 outlook, raises gross margin view
Net sales $6.4B (-1.2%); Organic Net Sales -0.5% with price +2.7pp offset by volume/mix -3.2pp.
Kraft Heinz Q4 net sales -7.1% YoY, FY Adj EPS +7.2% to $2.98; guides FY24 Adj EPS $3.01-3.07
Q4 net sales $6.86B (-7.1% YoY); Organic Net Sales -0.7%; net income $757M (-14.6%); diluted EPS $0.61 (-15.3%).
Kraft Heinz authorizes $3B share repurchase program through Dec 2026
Board approved repurchase of up to $3B of common stock through December 26, 2026.
Kraft Heinz Q3 adj. EPS +14% to $0.72; FY guidance raised; President Int'l Markets departing
Q3 net sales $6.57B (+1% YoY); Organic net sales +1.7%; price +7.1pp, volume/mix -5.4pp.
Carlos Abrams-Rivera appointed President effective Aug 8, 2023, and CEO and Board member effective Jan 1, 2024.
Kraft Heinz Q2 beats: EPS $0.81 up 285.7%, raises margin outlook
Net sales $6.72B (+2.6% YoY); Organic Net Sales +4.0%.
Kraft Heinz Q1 EPS $0.68 (+13.3% adj.), raises FY adjusted EPS guidance to $2.83-$2.91
Q1 net sales $6.5B (+7.3% YoY); Organic net sales +9.4% on price +14.7pp, volume/mix -5.3pp.
Kraft Heinz affirms long-term growth algorithm; 2023 organic net sales growth 4-6%
Long-term targets: organic net sales growth 2-3%, adjusted EBITDA growth 4-6%, adjusted EPS growth 6-8%, FCF conversion ~100%.
Kraft Heinz Q4 EPS $0.72 beats prior year; guides 2023 organic sales growth 4-6%
Q4 net sales $7.4B (+10%); organic net sales +10.4%; diluted EPS $0.72 vs ($0.21); adjusted EPS $0.85 vs $0.79.
On June 18, 2026, The Kraft Heinz Company (the “Company”) announced that Cory Onell, Executive Vice President and Chief Omnichannel Sales and Asia Emerging Markets Officer, will step down from his role effective June 30, 2026 to pursue other opportunities.
On June 12, 2025, Vince Garlati, Vice President, Global Controller and Principal Accounting Officer of The Kraft Heinz Company (the “Company”), notified the Company that he will be stepping down from his role effective June 22, 2025.
Chris Asher, age 45, the Company’s Deputy Global Controller, will succeed Mr. Garlati as the Company’s Vice President, Global Controller and Principal Accounting Officer effective June 22, 2025.
On May 19, 2025, Timothy Kenesey and Alicia Knapp, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company of their respective decisions to step down from the Board effective May 20, 2025.
On May 19, 2025, Timothy Kenesey and Alicia Knapp, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company of their respective decisions to step down from the Board effective May 20, 2025.
Mr. Garlati, age 48, will resume his role as the Company’s Principal Accounting Officer, effective November 15, 2024
On October 24, 2024, the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) appointed Debby Soo as a member of the Board, effective as of such date.
On August 5, 2024, The Kraft Heinz Company (the “Company”) announced that Rashida La Lande, Executive Vice President and Chief Legal and Corporate Affairs Officer, will be stepping down from her role effective immediately.
On February 22, 2024, Gregory E. Abel and Susan Mulder, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company of their respective decisions to retire from the Board effective at the Company’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).
On February 22, 2024, Gregory E. Abel and Susan Mulder, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company of their respective decisions to retire from the Board effective at the Company’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).
On February 21, 2024, Vince Garlati, Vice President, Global Controller and Principal Accounting Officer of The Kraft Heinz Company (the “Company”), notified the Company that he would be taking a personal leave of absence beginning March 7, 2024.
In connection with Mr. Garlati’s leave of absence, effective March 7, 2024, Chris Asher was appointed as acting Principal Accounting Officer.
Max materiality 0.90 · Median 0.55 · Most common event leadership