Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 63

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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les. Desserts includes dry packaged desserts, refrigerated ready to eat desserts, and other dessert toppings. Hydration includes ready to drink beverages, powdered beverages, and liquid concentrates. Cheese includes American sliced and recipe cheeses. Coffee includes mainstream coffee, coffee pods, and premium coffee. Meats includes cold cuts, bacon, and hot dogs.Each platform is assigned a role within our business to help inform our resource allocation and investment decisions, which are made at the operating segment level. These roles include: Accelerate, Protect, and Balance. Our Accelerate role contains platforms that are expected to have high growth potential, generate higher gross margins, and are in markets in which we have higher market share. Our Protect role contains platforms that are expected to have moderate growth potential, tend to generate higher gross margins, and are in markets in which we have higher market share. Our Balance role contains platforms that include commodity-heavy categories with relatively flat growth potential but help us to maintain our brand footprint.Net sales by platform were (in millions):For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024ACCELERATETaste Elevation$2,788 $2,825 $8,389 $8,443 Easy Ready Meals1,020 1,065 2,986 3,162 Substantial Snacking406 423 1,181 1,290 Total Accelerate4,214 4,313 12,556 12,895 PROTECTDesserts291 292 791 815 Hydration552 539 1,624 1,635 Total Protect843 831 2,415 2,450 BALANCECheese392 426 1,217 1,273 Coffee219 200 646 621 Meats485 538 1,486 1,633 Other84 75 268 398 Total Balance1,180 1,239 3,617 3,925 Total net sales$6,237 $6,383 $18,588 $19,270 

The net sales by platform for the three and nine months ended September 28, 2024 presented in the table above has been corrected to conform to our previously disclosed platform definitions. The update had no impact on net sales or on the condensed consolidated financial statements and we do