Kraft Heinz(KHC) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Contacts: Alex Abraham (media) Anne-Marie Megela (investors) Alex.Abraham@kraftheinz.com anne-marie.megela@kraftheinz.com KRAFT HEINZ REPORTS SECOND QUARTER 2024 RESULTS Lowers Full Year Outlook for Organic Net Sales and Adjusted Operating Income Reaffirms Full Year Outlook for Adjusted EPS (1)(2) (1)(2) (1)(2) Second Quarter Highlights • Net sales decreased 3.6%; Organic Net Sales decreased 2.4% (1) (1) • Gross profit margin increased 180 basis points to 35.4%; Adjusted Gross Profit Margin inc ...