In its fourth quarter and full-year 2025 results report, the Kraft Heinz Company introduced its 2026 operating plan. Importantly, the company added that it would be pausing a September announcement to separate the companies into Global Taste Elevation Co., which would've been focused on shelf-stable meals, and North American Grocery Co., which would've focused on North American staples.
“When I decided to join Kraft Heinz, I knew that this was an exciting opportunity to contemporize iconic brands, better serve consumers and customers, and build meaningful shareholder value,” said Steve Cahillane, CEO of Kraft Heinz. “Since joining the company, I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control. My number one priority is returning the business to profitable growth, which will require ensuring all resources are fully focused on the execution of our operating plan. As a result, we believe it is prudent to pause work related to the separation and we will no longer incur related dis-synergies this year.”
The company announced a $600 million investment across its marketing, sales, and R&D to accelerate its Taste Elevation portfolio as well as to "drive recovery in our U.S. business."
