Kraft Heinz sees FY26 adjusted EPS $1.98-$2.10, consensus $2.49

Sees FY26 organic net sales down 1.5%-3.5%. Sees FY26 tax rate 25.5%. Cahillane continued, “In order to accelerate the momentum we are already seeing in our Taste Elevation portfolio and to drive recovery in our U.S. business, we are today announcing a $600 million investment across Marketing, Sales, and R&D as well as product superiority and select pricing. Thanks to disciplined financial stewardship, our balance sheet is strong and our Free Cash Flow capabilities, robust – positioning us well to fund these investments and execute on the plan, while still generating excess cash. We are confident in the opportunity ahead and believe this investment will accelerate our return to profitable growth.”