Kraft Heinz net sales have fallen by 1.4 per cent year-on-year to approximately £4.6bn in Q2, with the group blaming a shift in Easter timing and inflationary pressures.

The company’s volume and mix went down by 2.6 per cent compared to the year before, with declines in North America and international developed markets segments.

According to the business, the decrease in volume was driven by declines in meats and spoonables as well as a shift in Easter timing.

Kraft Heinz’s adjusted operating income decreased by 18.4 per cent compared to the year prior to approximately £0.74bn.

This decline in adjusted operating income was driven by higher advertising expenses, unfavourable volume and inflationary pressures in manufacturing and logistics costs.

The company’s gross profit went down by 7.1 per cent to around £2.1bn compared to £1.6bn at the same time last year.

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Steve Cahillane, CEO of Kraft Heinz said: “We delivered another solid quarter, with results that exceeded our expectations across U.S. Retail, Global Away From Home, and Emerging Markets.

“Our brands are resonating with consumers, and our share performance is improving. The progress we are seeing gives us the confidence to raise our organic net sales outlook for the year.”

“Building on this momentum, we are also increasing our incremental investments by $100 million, to approximately $700 million in 2026. We have seen that our brands respond well when we invest behind them. By accelerating these investments, we position the business even more favourably as we enter 2027.”

Moving forward, Kraft Heinz expects organic sales in the full-year to decrease by between 0.5 per cent to 2 per cent and for adjusted operating income to go down by between 16 per cent and 18 per cent.