KHC

CNBC's Jim Cramer, host of Mad Money, posted on X on Monday, “Hard to believe the drug stocks are so out of sync with food stocks.

Kraft Heinz trades at 12.5x 2026 P/E, but profit declines and sector headwinds persist. The 6%+ dividend yield appears attractive, yet sustainability is questionable given ongoing earnings erosion. CEO Cahillane's new strategy emphasizes increased marketing and promotional spend, aiming for organic growth and volume recovery by 2027.

Kraft Heinz is adding $100 million to second-half marketing as consumption and share improve, building toward volume-led growth in 2027.

Steve Cahillane, Kraft Heinz CEO, joins Squawk on the Street to discuss the company's Q2 earnings beat, growth strategy, potential for innovation, and more.

The Kraft Heinz Company (KHC) Q2 2026 Earnings Call Prepared Remarks Transcript

KHC beats second-quarter earnings and sales estimates despite lower organic sales, while updating its 2026 EPS guidance.

The Kraft Heinz Company (KHC) Q2 2026 Earnings Call Transcript

The headline numbers for Kraft Heinz (KHC) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Kraft Heinz (KHC) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.69 per share a year ago.

Kraft Heinz NASDAQ: KHC said second-quarter results came in ahead of its expectations, prompting the food company to raise its full-year outlook for organic net sales while increasing planned 2026 investments by $100 million to approximately $700 million.