Kraft Heinz beats Q3 estimates and raises adjusted EPS outlook
+2 new sources since this summary was written
Kraft Heinz reported third-quarter results on November 4, 2026, with adjusted EPS of $0.53 and revenue of $6.12B, both above expectations. The company raised its fiscal 2026 adjusted EPS outlook to $2.07-$2.13 from $2.03-$2.09 previously. It also improved its fiscal 2026 organic net sales outlook to a decline of 1.25% to 0.5%, while reporting Q3 organic net sales down 1.1% year over year.
Why it matters
The higher adjusted EPS outlook improves the company’s earnings outlook for fiscal 2026, although the organic net sales forecast still implies a decline. Kraft Heinz expects the turnaround investments to support market-share and volume improvements, while its constant-currency adjusted operating income is still expected to decline 18% to 16%.
Key facts
- 1Kraft Heinz reported Q3 adjusted EPS of $0.53, down 13.1% year over year on an adjusted basis. finance.yahoo.com
- 2Q3 revenue was $6.12B, while organic net sales were down 1.1% year over year. investing.com
- 3The company raised fiscal 2026 adjusted EPS guidance to $2.07-$2.13 from $2.03-$2.09 previously. finance.yahoo.com
- 4Fiscal 2026 organic net sales are now expected to decline 1.25% to 0.5%, compared with the previous outlook for a decline of 2% to 0.5%. finance.yahoo.com
- 5Kraft Heinz maintained its forecast for fiscal 2026 constant-currency adjusted operating income to decline 18% to 16%. finance.yahoo.com
- 6Year-to-date free cash flow was approximately $2.4 billion, down 5.2% year over year, while free cash flow conversion increased to 120%. finance.yahoo.com
Open questions
- describes the raised fiscal 2026 adjusted EPS outlook as $2.10, while report a range of $2.07-$2.13; the relationship between the point figure and the range is not stated.
- Only reports an agreement to sell Kraft Heinz’s North America coffee division for $650M while retaining a 30% stake, so that transaction is not confirmed by the other materials.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.