Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 184

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 2
Chunk 184
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 still evaluating our position on the elective provisions of the law and the potential impacts of those elections on our financial statements.

Results of Operations

We disclose in this report certain non-GAAP financial measures. These non-GAAP financial measures assist management in comparing our performance on a consistent basis for purposes of business decision-making by removing the impact of certain items that management believes do not directly reflect our underlying operations. For additional information and reconciliations to the most closely comparable financial measures presented in our condensed consolidated financial statements, which are calculated in accordance with U.S. GAAP see Non-GAAP Financial Measures.

Consolidated Results of Operations

Summary of Results:

For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024% ChangeSeptember 27, 2025September 28, 2024% Change(in millions, except per share data)(in millions, except per share data)Net sales$6,237 $6,383 (2.3)%$18,588 $19,270 (3.5)%Operating income/(loss)1,025 (101)1,114.9 %(5,753)1,723 (433.9)%Net income/(loss)613 (290)311.4 %(6,496)614 (1,158.0)%Net income/(loss) attributable to common shareholders615 (290)312.1 %(6,497)613 (1,159.9)%Diluted EPS0.52 (0.24)316.7 %(5.47)0.50 (1,194.0)%

 Net Sales:

For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024% ChangeSeptember 27, 2025September 28, 2024% Change(in millions)(in millions)Net sales$6,237 $6,383 (2.3)%$18,588 $19,270 (3.5)%Organic Net Sales(a)6,201 6,363 (2.5)%18,612 19,204 (3.1)%

(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 September 27, 2025 Compared to the Three Months Ended September 28