Financial Performance - Kraft Heinz's Q1 2025 organic net sales reached $6.1 billion, a decrease of 4.7% compared to the previous year[14] - Constant currency adjusted operating income was $1.2 billion, down 4.4% year-over-year[14] - Adjusted EPS was $0.62, a decrease of 10.1% compared to Q1 2024[17] - Free cash flow was $482 million, an increase of 1.0% year-over-year[18] - Adjusted gross profit margin was 34.4%, a decrease of 10 basis points[14] Strategic Initiatives and Efficiencies - The company is on track to deliver $2.5 billion in gross efficiencies by 2027[29] - Gross efficiencies unlocked between 2023 and Q1 2025 amounted to $1.5 billion[29] - The company is scaling its Brand Growth System, with sales coverage expected to reach approximately 40% by the end of 2025[29] Segment Performance - North America Retail organic net sales decreased by 0.8%[33] - Global Away From Home organic net sales increased by 3.9%[33] - Emerging Markets organic net sales increased by 3.9%[33] Outlook - The company expects a 1.5% to 3.5% decrease in organic net sales for FY2025[209] - Constant currency adjusted operating income is projected to decrease by 5% to 10%[204] - Adjusted EPS is expected to be between $2.51 and $2.67[204]
Kraft Heinz(KHC) - 2025 Q1 - Earnings Call Presentation