Kraft Price Hikes Coming Because 'The Cost Pressure Is Everywhere' -- WSJ

By Jesse Newman

Kraft Heinz sees still more pain in supermarket checkout lines next year.

Chief Executive Steve Cahillane said the packaged food giant will raise prices across its portfolio in 2027 as the company faces rising costs for fuel and other goods.

"The cost pressure is everywhere," Challiane said in an interview.

He said that Kraft Heinz will first try to offset higher costs by increasing the company's productivity. After that, Cahillane said the company would be strategic about price increases as it tries not to give up any hard-fought gains in market share for some brands.

"We're reluctant pricers," Cahillane said.

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November 04, 2026 14:15 ET (19:15 GMT)