The Kraft Heinz Co.

(NASDAQ:KHC) stock traded lower Wednesday after the food company reported second-quarter 2026 results that topped Wall Street estimates but issued a weaker near-term profitability outlook as it stepped up investments.

Adjusted earnings came in at 56 cents per share, beating the analyst consensus estimate of 53 cents.

Revenue declined 1.4% year over year to $6.26 billion but exceeded the consensus estimate of $6.12 billion.

Organic net sales fell 1.3%.