PREVIEW: Kraft Heinz seen reporting Q1 rev, EPS decline

Kraft Heinz Co

05/05/2026 19:52

* Kraft Heinz KHC.O shares up ~0.8% on Tues, on track for third straight day of losses, ahead of qtrly results after the bell, with investors looking for early signs from new CEO's turnaround strategy

** For the packaged-foods maker, Wall Street consensus estimates for Q1 were for adj EPS of $0.50 vs $0.62 in year-ago quarter on rev of $5.885 bln, which would be 1.9% below $5.999 bln in Q1 2025, per LSEG

** In Feb, new CEO Steve Cahillane paused the co's planned split to reinvest in the business, calling its challenges "fixable" despite a muted 2026 forecast

** Investors will watch for commentary on consumer demand and if planned investments in marketing and R&D are gaining traction

** Stock has fallen ~7% YTD, vs the Nasdaq's .IXIC ~9% rise, and recently traded ~24% below its 52-week high

** KHC recently traded at ~11x forward earnings, slightly below its five-year avg of ~12x, per LSEG

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com))