Kraft Heinz (KHC) reported Q4 adjusted net income Wednesday of $0.67 per diluted share, down from $0.84 a year earlier.

Analysts polled by FactSet expected $0.61.

Net sales for the quarter ended Dec. 27 were $6.35 billion, down from $6.58 billion a year earlier.

Analysts expected net sales of $6.37 billion.

The company said it expects fiscal 2026 adjusted EPS of $1.98 to $2.10. Analysts surveyed by FactSet expect $2.47.

The company's shares were down 6% in recent premarket activity.