The Kraft Heinz Company (KHC) earnings on August 5, 2026

Before the market opens Q2 2026

More The Kraft Heinz Company earnings

Prior outlook: Pessimistic Outcome: Accurate

Kraft Heinz beat profit and sales estimates, but the stock fell sharply. After a brief rise, the price dropped to close down over 3%.

KHC price around the earnings

25.73

Change: -3.4%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
25.36 25.91 26.45 27.00 26.63
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Strong past earnings and Disney partnership are challenged by analyst downside targets and recent price collapse.

Context analyzed before publication

Trend
Price trajectory showed initial strength, then fluctuated, ultimately collapsing significantly pre-event.

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
3.11
Analysts covering the stock
17
Average price target
24.21
Lowest price target
19
Highest price target
40
Upside to price target
-9.1%
Quarterly earnings growth
12.1%
Revenue growth
0.8%
Forward EPS
2.1
Trailing EPS
-4.86
Analyst moves in the last 60 days
5
  • Strong buy: 0
  • Buy: 1
  • Hold: 14
  • Sell: 0
  • Strong sell: 4
Strong buy
0
Buy
1
Hold
14
Sell
0
Strong sell
4
  • July 23, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
  • July 16, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • July 15, 2026 · JP Morgan: Maintains rating (Underweight → Underweight)
  • July 8, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
  • June 25, 2026 · Piper Sandler: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (7)

Technicals

Evidence

Price when the context was analyzed
26.63
Average true range (ATR)
2.9%
Distance to 52-week high
-3.5%
14-day change (14d)
+3.2%
30-day change (33d)
+5.0%
30-day relative strength
+3.4%
QQQ change (33d)
+1.6%
Nearest support
26.51
Distance to nearest support
0.4%
Nearest resistance
26.76
Distance to nearest resistance
0.5%
Volume accumulation ratio (14d / 46d)
1.12
  • Major: 26.51 (0.4% away, 0.15 ATR, 33 touches)
  • Major: 26.27 (1.3% away, 0.46 ATR, 28 touches)
  • Major: 26.06 (2.1% away, 0.73 ATR, 32 touches)
  • Major: 26.76 (0.5% away, 0.17 ATR, 27 touches)
  • Mid: 26.98 (1.3% away, 0.46 ATR, 14 touches)
  • Major: 27.11 (1.8% away, 0.63 ATR, 31 touches)

Trends

Evidence

Average earnings surprise
+9.7%
  • May 6, 2026: actual EPS 0.58 vs estimate 0.5 (surprise +15.4%)
  • February 11, 2026: actual EPS 0.67 vs estimate 0.61 (surprise +9.1%)
  • October 29, 2025: actual EPS 0.61 vs estimate 0.58 (surprise +5.8%)
  • July 30, 2025: actual EPS 0.69 vs estimate 0.64 (surprise +8.4%)

Expected move

Implied move
+4.0%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.3%
75th percentile move
4.6%
90th percentile move
5.7%
Up / down moves
10 / 10
Average up move
+2.0%
Average down move
-3.4%

Monitoring and close

What The Kraft Heinz Company reported

Status
Finished
Actual EPS0.56
EPS estimate0.53
EPS surprise+5.7%
Revenue$6,262 million
Revenue estimate$6,124 million
Revenue surprise+2.3%

Kraft Heinz beat Q2 expectations and raised its annual outlook. Shares fell on near-term profitability pressures, though the company plans more spending for a stronger 2027.

Sources (19)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -0.1% pre-market, a move below the stock's usual reaction (about 2%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Outcome
Accurate
Consolidated
-3.2%
Max favorable move (MFE)
4.9%
Max adverse move (MAE)
1.6%