Kraft Heinz Files 8-K for Other Events and Exhibits

TL;DR

KHC filed an 8-K on 4/18 for 4/17 events, mostly procedural stuff.

AI Summary

On April 17, 2024, The Kraft Heinz Company filed an 8-K report to disclose other events and financial statements. The filing was made on April 18, 2024, and pertains to the company's operations as of April 17, 2024. The report includes information about the company's principal executive offices located at One PPG Place, Pittsburgh, PA.

Why It Matters

This 8-K filing serves as a public record of significant corporate events and financial disclosures for Kraft Heinz, providing transparency to investors and stakeholders.

Risk Assessment

Risk Level: low — This filing is a routine 8-K for other events and exhibits, not indicating any immediate financial distress or significant operational changes.

Key Numbers

• 001-37482 — SEC File Number (Identifies the company's filing with the SEC.)
• 46-2078182 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• The Kraft Heinz Company (company) — Registrant
• One PPG Place, Pittsburgh, Pennsylvania (location) — Principal executive offices address

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common stock, $0.01 par value KHC The Nasdaq Stock Market L

Filing Documents

• khc-20240417.htm (8-K) — 30KB
• exhibit991-2024segmentrest.htm (EX-99.1) — 541KB
• khc-20240417_g1.jpg (GRAPHIC) — 91KB
• 0001637459-24-000061.txt ( ) — 946KB
• khc-20240417.xsd (EX-101.SCH) — 2KB
• khc-20240417_lab.xml (EX-101.LAB) — 21KB
• khc-20240417_pre.xml (EX-101.PRE) — 12KB
• khc-20240417_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. Change in Segments: In the first quarter of 2024, The Kraft Heinz Company (the "Company") made changes to its internal reporting and reportable segments. The Company divided its International segment into three operating segments — Europe and Pacific Developed Markets ("International Developed Markets"), West and East Emerging Markets ("WEEM"), and Asia Emerging Markets ("AEM") — to enable enhanced focus on the different strategies required for each of these regions as part of the Company's long-term strategic plan. Subsequently, the Company manages its operating results through four operating segments. The Company has two reportable segments defined by geographic region: North America and International Developed Markets. The Company's two remaining operating segments, consisting of WEEM and AEM, are combined and disclosed as Emerging Markets. Prior to the reorganization of its segments in the first quarter of 2024, the Company managed and reported its operating results through two reportable segments defined by geographic region: North America and International. Change in Measure of Segment Profitability: In the first quarter of 2024, the Company's management reevaluated and changed the primary measure utilized to evaluate segment profitability from Segment Adjusted EBITDA to Segment Adjusted Operating Income. This change is expected to allow the Company's management to better evaluate segment performance in line with its long-term strategic plan. The Company's management evaluates segment performance based on several factors, including net sales, Organic Net Sales, and Segment Adjusted Operating Income. Organic Net Sales is a non-GAAP financial measure. See Non-GAAP Financial Measures in Exhibit 99.1 to this Current Report on Form 8-K for additional information. The Company is providing supplemental historical segment financial information that conforms to the new reportable segment structure in Exhibit 99.1 hereto.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) The following exhibit is furnished with this Current Report on Form 8-K. Exhibit No. Description 99.1 Supplemental Historical Financial Information by New Reportable Segments for the years ended December 30, 2023, Decemb er 31, 2022, and December 25, 2021 , and for each of the quarters ended , December 3 0 , 202 3 , September 30 , 202 3 , J uly 1 , 202 3 , and April 1 , 202 3 . 104 The cover page of The Kraft Heinz Company's Current Report on Form 8-K dated April 17, 2024 , formatted in iXBRL. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The Kraft Heinz Company Date: April 17, 2024 By: /s/ Andre Maciel Andre Maciel Executive Vice President and Global Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR