Sales Performance - Kraft Heinz's sales exceeded expectations [1] Market Dynamics - The company is making headway in attracting consumers affected by inflation [1]

Exhibit 99.1 Contacts: Kraft Heinz Media Team Anne-Marie Megela (investors) media@kraftheinz.com anne-marie.megela@kraftheinz.com KRAFT HEINZ REPORTS SECOND QUARTER 2025 RESULTS; MAINTAINS FULL YEAR 2025 OUTLOOK Second Quarter Highlights PITTSBURGH & CHICAGO – July 30, 2025 – The Kraft Heinz Company (Nasdaq: KHC) ("Kraft Heinz" or the "Company") today reported financial results for the second quarter of 2025. "We are proud to play a vital role in families' lives, and our commitment to delivering superior, a ...

Group 1 - Kraft Heinz is considering a significant business split, planning to spin off most of its grocery business into an independent publicly traded entity due to years of sluggish growth and changing consumer preferences [1] - The grocery business being considered for separation is valued at approximately $20 billion and could become the largest deal in the consumer goods sector this year, potentially completing by the end of Q3 or Q4 [1] - The assets to be spun off include iconic American supermarket brands such as Oscar Mayer, Velveeta, Jell-O, Maxwell House, Planters, Lunchables, and Capri Sun, which, while deeply rooted in American households, struggle to adapt to the trend of fresher, healthier, and less processed foods [1] Group 2 - The largest shareholder, Berkshire Hathaway, currently holds about 27% of the outstanding shares, having invested in the acquisition of Heinz in 2013 and the subsequent merger with Kraft in 2015 [2] - Post-merger, Kraft Heinz has faced challenges including declining sales, goodwill impairment, and shifts in consumer tastes, resulting in a stock price drop of over 60%, significantly underperforming the market [2] - As of mid-2025, Berkshire's stake has decreased in value by approximately $4.5 billion, and the company has reduced its involvement in the board, signaling a potential exit from day-to-day operations [2]

Group 1 - Kraft Heinz has been struggling with stagnant growth, with shares down 17% over the past five years, raising concerns among investors [1][2] - The company is reportedly considering a breakup, potentially spinning off a segment valued at around $20 billion, while the total market cap is approximately $34 billion [4] - The proposed split may separate the business into one focusing on spreads and sauces and another on processed meats and cheeses, which could enhance growth potential for the more health-conscious segment [4][5] Group 2 - Kraft's annual revenue has remained steady at around $26 billion, but this lack of growth is not appealing to investors, especially as many brands are associated with unhealthy eating [6] - The stock currently offers a high dividend yield of 5.5%, but concerns about future declines in revenue and profit may jeopardize the sustainability of this dividend [8][9] - The stock is trading at 13 times its trailing earnings, appearing cheap, but uncertainty around the business necessitates a cautious approach before making investment decisions [10][12]

Core Insights - The Kraft Heinz Company (KHC) is expected to report a decline in both revenue and earnings for the second quarter of 2025, with revenue estimated at $6.3 billion, reflecting a 2.9% decrease from the previous year [1] - The earnings consensus remains at 64 cents per share, indicating an 18% decline compared to the same quarter last year [2] Factors Impacting Results - KHC is facing challenges in volume performance due to changing consumer behavior and macroeconomic pressures such as tariffs and inflation, particularly affecting the U.S. Away from Home segment [3] - A projected 3.2 percentage point year-over-year decline in volume/mix is anticipated, leading to a similar drop in organic net sales [4] - Margin pressure is also a concern, with expectations of a 190 basis point contraction in adjusted gross margin, reaching 33.6% in Q2 2025, driven by unfavorable volume/mix shifts and rising costs [5] Strategic Initiatives - The company is focusing on growth through effective pricing strategies, operational efficiencies, and innovation, with its Brand Growth System expanding in emerging markets [6] Earnings Predictions - Despite the challenges, KHC has a positive Earnings ESP of +0.31% and a Zacks Rank of 3, suggesting a potential earnings beat [7]

Core Viewpoint - The market anticipates a year-over-year decline in Kraft Heinz's earnings due to lower revenues, with a focus on how actual results compare to estimates to influence stock price [1][2]. Earnings Expectations - Kraft Heinz is expected to report quarterly earnings of $0.64 per share, reflecting an 18% decrease year-over-year, and revenues of $6.27 billion, down 3.2% from the previous year [3]. - The consensus EPS estimate has been revised down by 0.36% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +0.31% for Kraft Heinz, suggesting analysts have recently become more optimistic about the company's earnings prospects [12]. - The stock currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. Historical Performance - Kraft Heinz has consistently beaten consensus EPS estimates, achieving this in the last four quarters, with a recent surprise of +3.33% in the last reported quarter [13][14]. Industry Comparison - Mondelez, another player in the food industry, is expected to report earnings of $0.68 per share, indicating a year-over-year decline of 20.9%, with revenues projected at $8.85 billion, up 6.1% from the previous year [18]. - Mondelez also has a positive Earnings ESP of +0.27% and a Zacks Rank of 3, suggesting a likelihood of surpassing consensus EPS estimates [19].

The merger of Kraft with Heinz once looked like a Big Food success story. But the industry is changing, @AChilkoti tells “The Intelligence”, and now a split seems likely https://t.co/RwAghBJAq1 ...

Market Value - Kraft Heinz's market value has decreased by 60% (three-fifths) since the 2015 merger [1] Industry Trends - The situation reflects the changing fortunes of major food companies [1]

Financial Performance - Kraft Heinz has an over-funded pension plan, representing an unusual source of value [1]

Core Viewpoint - The Kraft Heinz Company is considering a spin-off of its grocery business while retaining its high-growth condiments and sauces segment, with the spin-off entity potentially valued at $20 billion based on favorable business prospects [2][8]. Spin-Off Details - Post-separation, the remaining company (RemainCo) will focus on faster-growing, consumer-aligned brands, including iconic products like Heinz ketchup and Grey Poupon mustard, emphasizing innovation and global market expansion [3][6]. - The spin-off entity (SpinCo) will consist of traditional packaged food brands that have seen slower growth, such as Kraft cheese and Oscar Mayer meats, aiming to stabilize these legacy brands through operational efficiencies and targeted marketing [4][6]. Historical Context - Kraft Heinz was formed in July 2015 through a merger between Kraft Foods Group and H.J. Heinz Company, but has struggled with shifting consumer preferences, leading to a strategic review aimed at unlocking shareholder value [5][9]. - The company has been divesting underperforming brands and has seen a significant decline in stock value since the merger, with a 60% drop in stock price and a loss of nearly $57 billion in market capitalization [7][9]. Financial Implications - The spin-off could unlock significant value, potentially allowing the combined entities to exceed Kraft Heinz's current market capitalization of approximately $32 billion, providing clearer visibility of each segment's performance [8][9]. Industry Context - The restructuring of Kraft Heinz mirrors broader industry trends, similar to Kellogg's recent split, which has led to significant stock gains for both resulting companies [9].