Q4 2025 BUSINESS UPDATE TO ACCOMPANY MANAGEMENT COMMENTARY February 11, 2026 FORWARD -LOOKING STATEMENTS FEBRUARY 11, 2026 This presentation contains a number of forward-looking statements as defined under U.S. federal securities laws, including, but not limited to, statements, estimates, and projections relating to our business and long-term strategy; our ambitions, goals, targets, and commitments; our activities, efforts, initiatives, plans, and programs, and our investments in such activities, efforts, i ...

Core Viewpoint - Kraft Heinz has decided to pause its previously announced separation plan to focus on returning to profitable growth, with the new CEO emphasizing that many challenges are fixable and within the company's control [1][2] Financial Performance - For the full year, Kraft Heinz reported a net sales decrease of 3.5%, totaling $24.9 billion, while fourth quarter net sales fell by 3.4% to $6.4 billion [1] - The company experienced a significant operating loss of $4.7 billion for the year, primarily due to non-cash impairment losses amounting to $9.3 billion [1] Strategic Initiatives - Kraft Heinz introduced a $600 million investment aimed at accelerating growth in its Taste Elevation portfolio and recovering its U.S. retail business [1] - The decision to pause the separation plan is intended to ensure that all resources are focused on executing the operating plan effectively [1]

Despite the earnings pressure, Kraft Heinz posted what it characterized as strong cash generation. Cahillane said free cash flow improved by nearly 16% versus the prior year, providing “healthy capital allocation optionality.”With pressure on gross margin and incremental marketing investments, constant currency adjusted operating income declined 11.4% in 2025, he said. The company reported adjusted EPS of $2.60, down 15% from 2024, driven by those operating dynamics and a higher year-over-year effective tax ...

Core Viewpoint - Kraft Heinz has decided to pause its plans to explore a potential breakup, surprising the market and investors who had been debating the merits of splitting the packaged-food giant to potentially revive growth [1] Company Summary - The decision to halt the exploration of a breakup comes after months of speculation among investors regarding the company's future direction [1] - The packaged-food industry has been facing challenges, and the potential breakup was seen as a way to unlock value and improve performance [1]

Group 1 - Kraft Heinz's stock has declined due to disappointing sales figures, particularly in the North American market [1] - The company's performance continues to struggle, indicating ongoing challenges in meeting market expectations [1] - Analysts are concerned about the sustainability of Kraft Heinz's growth amid these sales disappointments [1]

卡夫亨氏(NASDAQ:KHC) 股价周三暴跌7%，此前这家食品巨头宣布将暂停其计划中的公司拆分，并 发布了令人失望的2026年指引，未能达到分析师预期。 销量下滑继续困扰着公司，第四季度北美有机销量下降5.4%。公司称多个品类出现疲软，包括 冷切肉、咖啡、冷冻食品、培根和调味品。 "我的首要任务是让业务恢复盈利增长，这将需要确保所有资源都全力专注于执行我们的运营计 划，"Cahillane表示。"因此，我们认为暂停与拆分相关的工作是明智之举。" 公司2026年展望令投资者失望，预计调整后每股收益为1.98至2.10美元，远低于分析师预期的 2.49美元。卡夫亨氏还预测有机净销售额将下降1.5%至3.5%，调整后营业利润预计下降14% 至18%。 2025财年全年，卡夫亨氏报告净亏损58.5亿美元，而2024年为盈利27.4亿美元，主要是由于 93亿美元的非现金减值损失。2025年调整后每股收益为2.60美元，较上一年的3.06美元下降 15%。 这家亨氏番茄酱和卡夫通心粉芝士生产商报告第四季度调整后每股收益为0.67美元，超过分析师 预期的0.61美元。然而，季度营收为63.5亿美元，略低于分析师预期的63 ...

Core Viewpoint - During turbulent market conditions, investors often seek dividend-yielding stocks, which typically have high free cash flows and provide substantial dividends to shareholders [1]. Group 1: Investment Strategy - Dividend-yielding stocks are favored by investors in uncertain market environments [1]. - Companies with high free cash flows are more likely to offer significant dividend payouts [1]. Group 2: Analyst Ratings - The article highlights the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector [2]. - The identified companies include Altria Group Inc, Conagra Brands Inc, and Kraft Heinz Co [3].

Core Viewpoint - During turbulent market conditions, investors often seek dividend-yielding stocks, which typically belong to companies with high free cash flows that provide substantial dividends to shareholders [1]. Group 1: High-Yielding Stocks - Altria Group Inc (NYSE:MO) is identified as a high-yielding stock in the consumer staples sector [3]. - Conagra Brands Inc (NYSE:CAG) is also highlighted as a notable high-yielding stock [3]. - Kraft Heinz Co (NASDAQ:KHC) is mentioned as another significant player in the high-yielding stock category [3].

Group 1 - Kraft Heinz announced the suspension of its previously announced company split plan [2][4][6] - CEO Steve Cahillane stated that the company's various issues "can be resolved and are within our control" [2][4][6] - The company plans to invest $600 million to drive transformation in its U.S. business, focusing on marketing, sales, R&D, and "product upgrades and selective pricing" [2][4][6] Group 2 - The split plan was initially announced in September 2025, reversing a significant $46 billion merger that created one of the largest food companies globally [2][6] - Despite initial investor enthusiasm for the merger, the company's U.S. sales have declined, leading to asset write-downs for several classic brands [2][6] - Warren Buffett, who facilitated the merger, expressed disappointment over the split decision, and Berkshire Hathaway has begun to gradually reduce its 28% stake in Kraft Heinz [2][6] Group 3 - The announcement coincided with Kraft Heinz's quarterly earnings report, where the company exceeded Wall Street profit expectations but fell short of revenue targets [3][7] - Steve Cahillane was appointed CEO in December 2024, having previously led Kellogg's split and managed the resulting company until its acquisition by Mars [3][7]

卡夫亨氏(KHC.US)盘前跌6.8%，报23.2美元。 消息面上，卡夫亨氏去年第四季度营收同比下降3.4%至63.5亿美元，略低于分析师预期的63.8亿美元； 调整后每股收益为0.67美元，超过分析师预期的0.61美元。有机销售下降4.2%，超过分析师预期的 3.72%降幅。展望2026年，公司预计调整后每股收益将介于1.98至2.1美元之间，远低于分析师预期的 2.49美元。 此外，公司宣布重大战略转变，暂停与此前宣布的业务拆分计划相关的工作。最近加入公司的首席执行 官Steve Cahillane表示，公司将转而专注于恢复盈利增长。(格隆汇) ...