Kraft Heinz(KHC) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Contacts: Alex Abraham (media) Anne-Marie Megela (investors) Alex.Abraham@kraftheinz.com anne-marie.megela@kraftheinz.com KRAFT HEINZ REPORTS FIRST QUARTER 2024 RESULTS Reaffirms Full Year Outlook First Quarter Highlights • Net sales decreased 1.2%; Organic Net Sales(1) decreased 0.5% • Gross profit margin increased 240 basis points to 35.0%; Adjusted Gross Profit Margin(1) increased 170 basis points to 34.5% • Operating Income increased 4.7%; Adjusted Operating Income(1) increased 1.7% • Dilut ...