KHCKraft Heinz
We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. 10-K, Item 1
- Employees
- 35,000
- Headquarters
- Pittsburgh, PA
- CEO
- Steven A. Cahillane
- Next results
- around Feb 10, 2027
The biggest changes in the 10-K filed 2026-02-12, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Net income
-313.0% Big change FY to 2025-12-27 vs 2024-12-28“The year-over-year increase in the effective tax rate was due primarily to higher non-deductible goodwill impairments in the current year and recognizing a non-U.S. deferred tax asset as a result of the movement of certain business operations to a wholly-owned subsidiary in the Netherlands offset by establishing valuation allowances on certain non-U.S. deferred tax assets in the prior year.”
Read it in the 10-K ↗
Operating margin
6.5% → -18.7% (-25.2 pts) Big change FY to 2025-12-27 vs 2024-12-28“Operating income/(loss) decreased 377.4% to a loss of $4.7 billion in 2025 compared to income of $1.7 billion in 2024, primarily due to non-cash impairment losses that were $5.6 billion higher in the current year period.”
Read it in the 10-K ↗
“In addition to the impact of these non-cash impairment losses, operating income/(loss) decreased $715 million due to inflationary pressures in commodity and manufacturing costs that outpaced our efficiency initiatives, unfavorable volume/mix, separation costs incurred in the current year, unfavorable changes in unrealized losses/(gains) on commodity hedges, increased advertising expenses and increased research and development costs.”
Read it in the 10-K ↗
Gross margin
34.7% → 33.3% (-1.4 pts) Big change FY to 2025-12-27 vs 2024-12-28The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Cash from operations
+6.6% FY to 2025-12-27 vs 2024-12-28The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Revenue
-3.5% FY to 2025-12-27 vs 2024-12-28“Organic Net Sales decreased 3.4% to $24.9 billion in 2025 compared to $25.8 billion in 2024, primarily due to the unfavorable volume/mix (4.1 pp), which more than offset higher pricing (0.7 pp).”
Read it in the 10-K ↗
“Organic Net Sales decreased 4.7% to $18.6 billion in 2025 compared to $19.5 billion in 2024, primarily due to unfavorable volume/mix (5.0 pp), which more than offset higher pricing (0.3 pp).”
Read it in the 10-K ↗
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
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