The Kraft Heinz Company's stock fell sharply by 5.06% in pre-market trading on Wednesday. The significant decline followed the release of the company's fourth quarter and full year 2025 financial results.

The sell-off was primarily driven by the company's disappointing guidance for the upcoming fiscal year. Kraft Heinz forecast that its full-year 2026 organic net sales would decline between 1.5% and 3.5% compared to the prior year, falling below market expectations. Furthermore, the company reported a massive fourth-quarter operating loss of $4.70 billion, which was largely attributed to non-cash impairment charges totaling $9.3 billion.

Despite reporting an adjusted earnings per share of $0.67 for the quarter, which beat the analyst estimate of $0.61, investors focused on the weak sales outlook and substantial impairment losses, leading to the pre-market plunge.