The Kraft Heinz Company (NASDAQ:KHC) Deutsche Bank Annual dbAccess Global Consumer Conference June 15, 2022 8:45 AM ET Company Participants Andre Maciel - Global Chief Financial Officer Rafael Oliveira - EVP and President, International Markets Conference Call Participants Stephen Powers - Deutsche Bank Stephen Powers All right. Welcome back. Thanks, everybody, for joining us. Thanks especially to the Kraft Heinz Company for being here. It’s great to see you. With us today from Kraft Heinz is Andre Maciel, ...

Summary of The Kraft Heinz Company Conference Call Company Overview - **Company**: The Kraft Heinz Company (NASDAQ: KHC) - **Date**: June 2, 2022 - **Event**: Bernstein's 38th Annual Strategic Decisions Conference - **CEO**: Miguel Patricio Key Points Industry Context - The company has faced significant challenges due to the pandemic and supply chain disruptions but has also seen success in improving its long-term earnings growth algorithm [3][4] Company Performance and Strategy - Kraft Heinz has improved its standing in Power Ranking Surveys from Kantar Retail, indicating better relationships with retailers in North America [4] - The company has regained its investment grade rating, which is a positive development for its financial health [4] - Over the past three years, Kraft Heinz has transformed from being at the bottom of the industry to a more engaged and capable organization [5][6] - The focus has shifted from inorganic growth to an organic growth mindset, emphasizing the need for marketing, R&D, and sales capabilities [12][14] Organizational Changes - The company has become more decentralized, reducing layers of management to enhance accountability and agility [16][17] - The introduction of multifunctional "child pods" aims to solve significant business challenges and foster innovation [16][23] Financial Health - The company's debt has decreased from approximately 4.7 times EBITDA to around 3.1-3.2 times, reflecting improved financial stability [10] - Kraft Heinz is on track to achieve $2 billion in gross cost savings by 2024, focusing on variable costs rather than fixed costs [47][48] Marketing and Innovation - Kraft Heinz has significantly increased its marketing efforts, ranking as the fourth-best marketing organization in North America [8] - The company aims to triple its innovation effectiveness, with a strong focus on creative product development [32][34] Supply Chain Management - The company has faced challenges in supply chain management, emphasizing the need for resilience, predictability, and adaptability in operations [36][39] - Kraft Heinz has successfully navigated supply shortages by predicting issues and adjusting inventory accordingly [38] Pricing Strategy - Since 2019, Kraft Heinz has increased prices in the U.S. by approximately 13.9%, with private label prices rising by 16.7% during the same period [42][43] - The company has implemented strategies to mitigate inflation impacts, including reformulating pack sizes and enhancing communication of value propositions [51][53] Growth Opportunities - Key avenues for growth include the "taste elevation" segment, foodservice, and emerging markets, with significant potential for expansion in these areas [61][62][63] Investor Communication - The CEO expressed a desire to improve communication with investors, emphasizing that the company is no longer at the bottom and has made substantial progress [64][66] Additional Insights - The partnership with NotCo aims to enhance Kraft Heinz's plant-based product offerings through AI-driven innovation [24] - Collaboration with Microsoft focuses on leveraging cloud technology and AI to optimize promotions, supply chain management, and innovation processes [25][27][28] This summary encapsulates the key insights and developments discussed during the conference call, highlighting the strategic direction and operational improvements of The Kraft Heinz Company.

Q1 2022 BUSINESS UPDATE APRIL 27, 2022 | --- | --- ...

The Kraft Heinz Company (NASDAQ:KHC) Q1 2022 Earnings Conference Call April 27, 2022 9:00 AM ET Company Participants Chris Jakubik - Head, IR Miguel Patricio - CEO Andre Maciel - CFO Carlos Abrams-Rivera - EVP & President, North America Zone Rafael Oliveira - Zone President, International Conference Call Participants Andrew Lazar - Barclays David Palmer - Evercore ISI Bryan Spillane - Bank of America Jason English - Goldman Sachs Ken Goldman - JPMorgan Robert Moskow - Credit Suisse Chris Growe - Stifel Oper ...

Good day and thank you for standing by. Welcome to the Kraft Heinz Company fourth quarter results conference call. At this time, all participants are in listen only mode. After the presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star then one on your telephone keypad. Please be advised today's conference may be recorded. If you require operator assistance during the call, please press star then zero. I'd now like to hand the conference ov ...

Q4 2021 BUSINESS UPDATE Q4 2021 BUSINESS UPDATE Q4 2021 BUSINESS UPDATE FEBRUARY 16, 2022 | --- | --- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 25, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-37482 The Kraft Heinz Company (Exact name of registrant as specified in its charter) Delaware 46-2078182 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 26, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-37482 The Kraft Heinz Company (Exact name of registrant as specified in its charter) (State or other jurisdicti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-37482 The Kraft Heinz Company (Exact name of registrant as specified in its charter) Delaware 46-2078182 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2018 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-37482 The Kraft Heinz Company (Exact name of registrant as specified in its charter) Delaware 46-2078182 (State ...