Kraft Heinz (KHC) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 9:09 AM CDT 24 min read

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DATE

Wednesday, May 6, 2026 astatine 9 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Steve Cahillane

• Chief Financial Officer — Andre Maciel

• Head of Global Investor Relations — Anne-Marie Megela

Full Conference Call Transcript

Operator: Greetings. 2026 archetypal 4th net league call. At this time, each participants are successful a listen-only mode. A question and reply league volition travel the ceremonial presentation. If anyone should necessitate relation assistance during the conference, arsenic a reminder, this league is being recorded. I would present similar to crook the league implicit to your host, Anne-Marie Megela. Thank you. You whitethorn begin.

Anne-Marie Megela: Thank you, and convey you each for joining america today. Welcome to the Q&A league for our archetypal 4th 2026 concern update. During today's call, we whitethorn marque forward-looking statements regarding our expectations for the future. These statements are based connected however we spot things today, and existent results whitethorn disagree materially owed to risks and uncertainties. Please spot the cautionary statements and hazard factors contained successful today's net merchandise and our astir caller SEC filings for much accusation regarding these risks and uncertainties. Additionally, we whitethorn notation to non-GAAP fiscal measures.

Please notation to today's net merchandise and the non-GAAP accusation disposable connected our website for a treatment of our non-GAAP fiscal measures and reconciliations to the comparable GAAP fiscal measures. Joining maine contiguous to reply your questions is our main enforcement officer, Steve Cahillane, and our main fiscal officer, Andre Maciel. Operator, delight unfastened the telephone for the archetypal question.

Operator: Thank you. At this time, we volition beryllium conducting a question and reply session. If you would similar to inquire a question, delight property 1 connected your telephone keypad. A confirmation code volition bespeak your enactment is successful the question queue. You whitethorn property 2 if you would similar to region your question from the queue. For participants utilizing talker equipment, it whitethorn beryllium indispensable to prime up your handset earlier pressing the prima keys. One infinitesimal delight portion we canvass for questions. Our archetypal question comes from Peter Galbo of Bank of America. Your enactment is present live.

Peter Thomas Galbo: Hey, bully morning, everybody. Thanks for the question. Steve, I was really hoping to commencement with Hold, Win, and Win Big. Just comparing what you said astatine CAGNY a fewer months agone to what you are presenting today, astatine slightest successful the slides, I deliberation determination person been a fewer shifts of immoderate of the platforms and/or sub-platforms. Can you interaction connected the determination betwixt the antithetic categories and immoderate of those changes, and past arsenic a portion b to that question, whether that signals thing successful presumption of however you are viewing imaginable plus income of antithetic platforms?