Earnings release
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Contacts : Michael Mullen ( media ) Christopher Jakubik , CFA ( investors ) ir@kraftheinz.com Michael.Mullen@kraftheinz.com KRAFT HEINZ REPORTS SECOND QUARTER 2021 RESULTS Net Sales In millions Kraft Heinz PITTSBURGH & CHICAGO - August 4 , 2021 - The Kraft Heinz Company ( Nasdaq : KHC ) ( " Kraft Heinz " or the " Company " ) today reported financial results for the second quarter of 2021 . Maintaining strong net sales growth versus 2019 Effectively managing inflationary pressures Expecting 2021 financial performance ahead of initial expectations " Our second quarter results serve as a strong indicator that our Kraft Heinz team will not only deliver a stronger 2021 than we initially anticipated , but will come out of the global pandemic much stronger than we entered , " said Kraft Heinz CEO Miguel Patricio . " We continue to drive our transformation program forward , modernizing our brands and better connecting with our consumers . And while industry challenges , like cost inflation , certainly remain , the investments we are making in our people , brands , and capabilities are enabling us to leverage our tremendous scale through greater agility and build our advantage in the markets we serve around the world . " International Canada Kraft Heinz For the Three Months Ended United States For the Six Months Ended United States International Canada Kraft Heinz June 26 , 2021 Net Sales June 27 , 2020 4,738 $ 1,413 464 6,615 $ 4,917 1,305 426 6,648 9,346 $ 9,412 2,807 2,606 856 787 13,009 $ 12,805 1 % Chg vs PY ( 3.6 ) % 8.3 % 8.8 % ( 0.5 ) % ( 0.7 ) % 7.7 % 8.8 % 1.6 % Organic Net Sales ( 1 ) Growth YOY Growth Rate ( 2.7 ) % 0.4 % Exhibit 99.1 ( 3.6 ) % ( 2.1 ) % ( 0.1 ) % 1.6 % ( 0.8 ) % 0.2 % Price 1.3 pp 1.9 pp 1.9 pp 1.5 pp 1.4 pp 2.1 pp 3.2 pp 1.6 pp Volume / Mix ( 4.0 ) pp ( 1.5 ) pp ( 5.5 ) pp ( 3.6 ) pp ( 1.5 ) pp ( 0.5 ) pp ( 4.0 ) pp ( 1.4 ) pp