Kraft Heinz Sets 2027 Outlook, Expects Growth to Return in Second Half

Kraft Heinz outlined a strategy on Nov. 12 that sets milestones through 2029 and pairs changes to its business priorities with an initial 2027 financial outlook. The company expects organic net sales and adjusted operating income to return to growth in the second half of 2027, after relatively flat organic net sales and a low single-digit full-year decline in adjusted operating income.

CEO Steve Cahillane’s plan focuses on modernizing core businesses in developed markets while pursuing opportunities in Emerging Markets and Away From Home. It also calls for building brands, developing innovation and go-to-market capabilities, shaping a growth-focused portfolio and pursuing efficiencies.

The strategy links the company’s market priorities with changes to its brands, portfolio and operations. It sets milestones through 2029, while the initial financial outlook presented at Investor Day covers 2027.

Kraft Heinz expects organic net sales to be relatively flat for 2027 as a whole. Adjusted operating income is expected to decline by a low single-digit percentage. The company expects both measures to return to growth in the second half of the year.

Kraft Heinz plans to provide formal 2027 guidance on its fourth-quarter earnings call. Its third-quarter outlook also included a plan for approximately $700 million in incremental investments compared with 2025. That figure refers to planned investment above the 2025 baseline, not total investment.