Earnings call briefThird-quarter 2026
Kraft Heinz says next-year inflation is now slightly above 5%, up from 4% to 5%
Andre Maciel said there will be an element of price across all regions next year to protect gross margins.
GetSignal Kraft Heinz KHC
Andre Maciel said on the third-quarter call that the higher level reflects more inflation from packaging and certain commodities, with soybean oil remaining a source of pressure.
Maciel also said some of this year's dairy favorability will reverse next year, adding to year-over-year pressure.
Quotes from the call
“...I can tell you on inflation, as we previously said in the prior call, we're expecting 4% to 5% next year. The expectation is now slightly above 5%.”
Key facts from the call
- Next-year inflation outlook, previous
- 4% to 5%
- Next-year inflation outlook, current
- Slightly above 5%
Source: Kraft Heinz's third-quarter 2026 earnings call, November 4, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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