Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 96

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 96
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 27, 2025North America$13,886 $(35)$— $13,921 International Developed Markets2,609 34 — 2,575 Emerging Markets2,093 (23)— 2,116 Kraft Heinz$18,588 $(24)$— $18,612 Nine Months Ended September 28, 2024North America$14,575 $— $— $14,575 International Developed Markets2,622 — — 2,622 Emerging Markets2,073 56 10 2,007 Kraft Heinz$19,270 $56 $10 $19,204 

Year-over-year growth ratesNorth America(4.7)%(0.2) pp0.0 pp(4.5)%0.4 pp(4.9) ppInternational Developed Markets(0.5)%1.3 pp0.0 pp(1.8)%0.5 pp(2.3) ppEmerging Markets0.9 %(4.0) pp(0.5) pp5.4 %4.5 pp0.9 ppKraft Heinz(3.5)%(0.4) pp0.0 pp(3.1)%0.8 pp(3.9) pp

52

The Kraft Heinz Company

Reconciliation of Operating Income/(Loss) to Adjusted Operating Income

(dollars in millions)

(Unaudited)

For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024Operating income/(loss)$1,025 $(101)$(5,753)$1,723 Restructuring activities6 — 10 — Unrealized losses/(gains) on commodity hedges23 3 6 (30)Impairment losses35 1,428 9,301 2,282 Separation costs17 — 17 — Adjusted Operating Income$1,106 $1,330 $3,581 $3,975 

53

The Kraft Heinz Company

Reconciliation of Diluted EPS to Adjusted EPS

(Unaudited)

For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024September