Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 163

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 163
---
 of Results:

For the Three Months EndedFor the Six Months EndedJune 28, 2025June 29, 2024% ChangeJune 28, 2025June 29, 2024% Change(in millions, except per share data)(in millions, except per share data)Net sales$6,352 $6,476 (1.9)%$12,351 $12,887 (4.2)%Operating income/(loss)(7,974)522 (1,627.6)%(6,778)1,824 (471.6)%Net income/(loss)(7,823)100 (7,923.0)%(7,109)904 (886.4)%Net income/(loss) attributable to common shareholders(7,824)102 (7,770.6)%(7,112)903 (887.6)%Diluted EPS(6.60)0.08 (8,350.0)%(5.98)0.74 (908.1)%

 Net Sales:

For the Three Months EndedFor the Six Months EndedJune 28, 2025June 29, 2024% ChangeJune 28, 2025June 29, 2024% Change(in millions)(in millions)Net sales$6,352 $6,476 (1.9)%$12,351 $12,887 (4.2)%Organic Net Sales(a)6,328 6,458 (2.0)%12,411 12,841 (3.3)%

(a)    Organic Net Sales is a non-GAAP financial measure. See the Non-GAAP Financial Measures section at the end of this item.

Three Months Ended June 28, 2025 Compared to the Three Months Ended June 29, 2024:

Net sales decreased 1.9% to $6.4 billion for the three months ended June 28, 2025 compared to $6.5 billion for the three months ended June 29, 2024, including the favorable impacts of foreign currency (0.1 pp). Organic Net Sales decreased 2.0% to $6.3 billion for the three months ended June 28, 2025 compared to $6.5 billion for the three months ended June 29, 2024, primarily due to the unfavorable volume/mix (2