Yasmin Beswandi's questions to Kraft Heinz Co (KHC) leadership • Q1 2025
Question
An analyst from Bank of America asked for a breakdown of impacts on Q2 North America organic sales, including the Easter shift, plant closures, and lapping last year's Lunchables issues. They also questioned if North America volumes must turn positive in the second half to meet the annual guidance.
Answer
Executive Andre Maciel stated that Q2 top line is expected to improve over Q1, with a 90-100 bps tailwind from the Easter timing shift. He anticipates growth restoration in ACCELERATE platforms like cream cheese and Ore-Ida, and improvement in Lunchables. Crucially, he clarified that the midpoint of the full-year guidance does not assume that total company volume turns positive in any quarter.