The Kraft Heinz Company (KHC) Earnings Call Transcripts

The Kraft Heinz Company's Latest Earnings Call - September 9, 2026

In the third quarter of 2026, The Kraft Heinz Company (KHC) reported a revenue of $7.5 billion, reflecting a 5% increase year-over-year, while earnings per share (EPS) came in at $0.65, which was inline with expectations. Management raised their reinvestment guidance to $700 million, signaling confidence in improving market share and brand performance. CEO Steve Cahillane highlighted a significant improvement in market share from 21% to 35% and noted that 90% of their portfolio is showing better trends compared to the previous year, indicating a positive trajectory for the company moving forward.

Reported metrics

Guidance from management

Management maintained a positive outlook for 2027, emphasizing continued investments in brand marketing and innovation, while also focusing on improving market share and consumption trends.

What management said

Well, it's a little -- it's too early to talk about 2027, obviously. But when we say that we're investing win in the marketplace. Let me be clear, when we say win, we mean growing consumption and growing market share. So that's the path that we're on, investing to win. We've got an Investor Day, which you know coming up in November. And we're working hard to continue to build plans for 2027 and hope to be in a positi...

For us, as Steve said, it's critical, and I'll not started all about the top line growth in a sustainable one. But we also understand that it is the importance for us also at some point have to grow earnings again. So if you think about the value creation of it will not only come from... .

What analysts pressed on

Analysts expressed concerns about the ongoing challenges with the Oscar Mayer brand, which has been a significant contributor to share losses. There were also questions regarding the sustainability of growth in the U.S. retail segment amidst competitive pressures.

Main topics on the call

• Market Share Improvement — Kraft Heinz reported an increase in market share from 21% to 35%, with CEO Cahillane stating, "We've seen some early signs of trajectories changing." This improvement is attributed to increased investments in brand marke...
• Increased Reinvestment — Management raised their reinvestment commitment from $600 million to $700 million, indicating a strong belief in the effectiveness of their strategies. Cahillane noted, "We are encouraged by the progress," suggesting tha...
• Emerging Markets Growth — Emerging markets are performing well, with high single-digit growth reported. The company is optimistic about long-term growth potential, with Cahillane stating, "I see years and years of what should be high single-digit...
• Challenges in U.S. Retail — Despite overall improvements, Oscar Mayer remains a significant challenge, accounting for 60% of share losses. Cahillane mentioned, "We have to fix that," indicating ongoing issues that need to be addressed.

Read the full The Kraft Heinz Company transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 74 The Kraft Heinz Company earnings call transcripts on record, spanning February 13, 2020 to September 9, 2026. Based on this history, The Kraft Heinz Company reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KHC

Exchange

NasdaqGS

Country

US

Sector

Consumer Staples

Industry

Food Products

Calls on record

74

First call

February 13, 2020

Most recent

September 9, 2026

Reporting cadence

quarterly