Kraft Heinz Q3 EPS Beat, Cuts 2025 Sales Forecast

Kraft Heinz reported Q3 adjusted EPS of $0.61, down roughly 18.7% year‑over‑year, on about $6.2 billion in net sales, a decline of roughly 2.2%–2.5%, with organic sales down ~2.5% and North America organic sales falling about 3.8%. The company lowered its 2025 organic net‑sales forecast to a decline of 3.0%–3.5% (from a prior -1.5%–-3.5%) and trimmed adjusted EPS guidance to $2.50–$2.57. Management attributed the weakness to budget‑conscious consumers trading down to private labels, pressure in U.S. retail and slower growth in some emerging markets including Indonesia. Financials showed margin pressure — gross margins fell about 230 basis points — though reported operating income rose largely because there were no prior‑year impairment losses. Kraft Heinz said it will proceed with a planned split into two public companies by the second half of 2026 and is increasing marketing and product innovation investments to adapt to changing consumer preferences.