ADDED
As of February 7, 2026, there were 1,183,744,751 shares of the registrant s common stock outstanding.
28 Overview 28 Consolidated Results of Operations 29 Results of Operations by Segment 31 Liquidity and Capital Resources 34 Commodity Trends 38 Critical Accounting Estimates 39 New Accounting Pronouncements 43 Contingencies 43 Non-GAAP Financial Measures 43 Item 7A.
48 Report of Independent Registered Public Accounting Firm 48 Consolidated Statements of Income 51 Consolidated Statements of Comprehensive Income 52 Consolidated Balance Sheets 53 Consolidated Statements of Equity 54 Consolidated Statements of Cash Flows 55 Notes to Consolidated Financial Statements 56 Note 1.
With 2025 net sales of approximately $25 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale.
On September 2, 2025, we announced our intention to separate our company into two independent publicly traded companies through a tax-free spin-off (the Separation ).
On February 11, 2026, we announced that the Kraft Heinz Board of Directors (the Board ) has decided to pause work related to the Separation.
If work related to the Separation is resumed, the Separation would be subject to the satisfaction of customary conditions, including final approval by the Board, receipt of favorable tax opinions of our U.S.
tax advisors with respect to the tax-free nature of the Separation, and the effectiveness of appropriate filings with the U.S.
Our 2025 fiscal year was a 52-week period that ended on December 27, 2025, our 2024 fiscal year was a 52-week period that ended on December 28, 2024, and our 2023 fiscal year was a 52-week period that ended on December 30, 2023.
Reportable Segments: We manage our operating results through four operating segments: North America, Europe and Pacific Developed Markets ( EPDM or International Developed Markets ), West and East Emerging Markets ( WEEM ), and Asia Emerging Markets ( AEM ).
REMOVED
As of February 8, 2025, there were 1,194,989,953 shares of the registrant s common stock outstanding.
26 Overview 26 Consolidated Results of Operations 27 Results of Operations by Segment 31 Liquidity and Capital Resources 35 Commodity Trends 40 Critical Accounting Estimates 40 New Accounting Pronouncements 44 Contingencies 44 Non-GAAP Financial Measures 44 Item 7A.
51 Report of Independent Registered Public Accounting Firm 51 Consolidated Statements of Income 55 Consolidated Statements of Comprehensive Income 56 Consolidated Balance Sheets 57 Consolidated Statements of Equity 58 Consolidated Statements of Cash Flows 59 Notes to Consolidated Financial Statements 60 Note 1.
These forward-looking statements include, but are not limited to, statements regarding our plans, impacts of accounting standards and guidance, growth, legal matters, taxes, costs and cost savings, impairments, and dividends.
With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale.
Our 2024 fiscal year was a 52-week period that ended on December 28, 2024, our 2023 fiscal year was a 52-week period that ended on December 30, 2023, and our 2022 fiscal year was a 53-week period that ended on December 31, 2022.
Reportable Segments: In the first quarter of 2024, we divided our International segment into three operating segments Europe and Pacific Developed Markets ( EPDM or International Developed Markets ), West and East Emerging Markets ( WEEM ), and Asia Emerging Markets ( AEM ) to enable enhanced focus on the different strategies required for each of these regions as part of our long-term strategic plan.
Subsequently, we manage our operating results through four operating segments.
Significant trademarks by segment based on net sales in 2024 were: Majority Owned and Licensed Trademarks North America Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Capri Sun*, Maxwell House, Kool-Aid, Jell-O International Developed Markets Heinz, Golden Circle, Wattie s, Plasmon Emerging Markets (a) Heinz, ABC, Master, Quero, Kraft, Pudliszki (a) Emerging Markets represents the aggregation of our WEEM and AEM operating segments.
We purchase and use large quantities of commodities, including dairy products, meat products, tomato products, sugar and other sweeteners, soybean and vegetable oils, coffee beans, wheat and processed grains, eggs, and other fruits and vegetables to manufacture our products.