Kraft Heinz raises 2026 adjusted EPS outlook to $2.07-$2.13 on lower tax rate
Bitget2026/11/04 12:20- Kraft Heinz raised the low end of its 2026 organic net sales outlook, forecasting a decline of 0.5% to 1.25%.
- Adjusted earnings guidance increased to $2.07-$2.13 per share, reflecting a lower tax rate.
- Constant-currency adjusted operating income is still expected to fall 16%-18%, with planned commercial investments totaling about $700 million.
- Third-quarter organic net sales fell 1.1%, despite 15.6% growth in emerging markets.
- Remaining investments are scheduled for the fourth quarter; full-year free cash flow conversion is forecast at about 110%.
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