Kraft Heinz said Wednesday it's pausing its plans to split into two companies.Steve Cahillane, a former Kellogg chief who became CEO of Kraft Heinz on January 1, said he wants to ensure that all of the company's resources are focused on profitable growth.“I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control,” Cahillane said in a statement.The company's shares dropped 5.2% in early trading Wednesday as Kraft Heinz reported lower quarterly and annual results.Kraft Heinz announced in September it was splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet.One of the companies would include stronger-selling brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese.
Kraft Heinz plans to stay together.
Pre-market trading took a nice jump higher on this morning's long-awaited (government-delayed) non-farm payrolls report from the U.S. Bureau of Labor Statistics (BLS). That's because headline jobs numbers reached their highest single-month level since December 2024 to +130K — double what analysts had been expecting.
KHC beats fourth-quarter earnings estimates, but organic sales decline as margins shrink and volumes weaken across segments.
Kraft Heinz Co (NASDAQ:KHC, XETRA:KHNZ) reported mixed financial results for the fourth quarter and full year 2025, along with announcing it has paused its business separation plans. For the fourth quarter, the company posted adjusted earnings per share of $0.67, exceeding Wall Street's consensus of $0.61, while revenue totaled $6.35 billion, slightly below the forecast of $6.38 billion.
Kraft Heinz CEO Steve Cahillane scraps breakup plans, announcing a $600 million investment push to rebuild growth instead of splitting into two companies.
The Kraft Heinz Company (KHC) Q4 2025 Earnings Call Transcript
While the top- and bottom-line numbers for Kraft Heinz (KHC) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kraft Heinz Co (NASDAQ: KHC) delivered mixed fourth-quarter results on February 11, 2026, beating earnings expectations while missing on revenue.
Kraft Heinz (KHC) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.84 per share a year ago.
Kraft Heinz's stock falls as sales again disappointed, particularly in North America.
Kraft Heinz said it will pause work relating to its separation and increase investments in its food business, aiming to turn around years of struggling sales.