How often does Kraft Heinz move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

KHCNasdaqCanned, Frozen & Preservd Fruit, Veg & Food Specialties

Kraft Heinz Co (KHC) earnings date, market-implied expected move, and options open interest by expiry

25.11

−0.33 · −1.30%

Regular session12:37 ET

Open25.56Volume25.3MMkt cap$30.1BEPS-2.92Div yield6.29%

Day25.08 – 25.834%52-wk20.34 – 27.6565%

KHC

Kraft Heinz Co

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 10

before open · in 97 days

est.Q4 FY26

Calendar

Next report

Last report

+3.75%

vs ±3.8% implied · ×1.00

shaded = implied · ▲▼ = realized

Nov 4 '26 · confirmed

Implied vs realized

Linked news

1dGPK · supplierGraphic Packaging hit by securities class action and three derivative suits
7dWMT · customerFTC demands Walmart, Uber, Delta and others hand over data on personalized pricing: Reuters

News

Largest filed tie

13F top-10 QoQ

+5.16%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

1,120 managers

Top fund weight

1.31%

KHC weight · XLP

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Kraft Heinz (KHC) is expected to report on Feb 10 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±3.4%
avg realized: ±2.3%

Feb 12 '25Feb 12 '25confirmed±3.5%▼−3.25%×0.93

Apr 29 '25Apr 29 '25confirmed±4.3%▲+0.21%×0.05

Jul 30 '25Jul 30 '25confirmed±3.4%▼−0.25%×0.07

Oct 29 '25Oct 29 '25confirmed±3.2%▼−4.47%×1.41

Feb 11 '26Feb 11 '26confirmed±3.0%▲+0.36%×0.12

Q1 FY26May 6 '26confirmed±3.1%▲+2.35%×0.76

Q2 FY26Aug 5 '26confirmed±3.1%▼−3.42%×1.11

Q3 FY26Nov 4 '26confirmed±3.8%▲+3.75%×1.00

quarterimplied−5%0+5%realized×

Q3 FY26±3.8%▲+3.75%×1.00

Q2 FY26±3.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Nov 4 close

0.98OI · 10 expiries · Nov 4 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6 nearer expiries

3,899+21%Nov 61d0.0752,874+2%0.07

14,4400%Nov 138d4.992,891+3%4.99

7,4990%Nov 2015d0.3819,8960%0.38

1,379+2%Nov 2722d0.652,134+2%0.65

62+288%Dec 429d0.09711+4%0.09

98+32%Dec 1136d0.79124+9%0.79

30,705−2%Dec 1843d0.7839,275+1%0.78

32,7250%Jan 1571d0.5559,849−2%0.55

report · Feb 10 · before open · est.

ExpiryPutsCallsP/C

6 nearer expiries

Nov 61d3,899+21%52,874+2%0.07

Nov 138d14,4400%2,891+3%4.99

Nov 2015d7,4990%19,896

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

8.77%as filednet margin · revenue −2.35% QoQ · −1.96% YoY

Revenue

$6.1B−2.35% QoQ

Gross profit

$2.0B−1.97% QoQ

32.51% margin

Operating income

$875M+113.61% QoQ

14.31% margin

Pre-tax income

$704M+111.04% QoQ

Net income

$536M+109.82% QoQ

8.77% margin

Cost of revenue

$4.1B−2.53% QoQ

Operating expenses

$1.1B−86.84% QoQ

SG&A $1.0B

Other operating $72M

Other expense

$171M

Tax

$168M+118.34% QoQ

Revenue$6.1B−2.35%

Gross profit

$2.0B−1.97%

32.51% margin

Operating income

$875M+113.61%

14.31% margin

Pre-tax income

$704M+111.04%

Net income

$536M+109.82%

8.77% margin

Cost of revenue

$4.1B−2.53%

Operating expenses

$1.1B−86.84%

SG&A $1.0B

Other operating $72M

Other expense

$171M

Tax$168M+118.34%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 26 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 12:30 ET

Intraday

Event sensitivity

PPI ×1.62· ±1.8% vs ±1.1% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±1.8%6 of 10×1.62

CPROFcorporate profits±1.7%7 of 12×1.48

FOMCrate decision±1.7%8 of 24×1.46

GDPgross domestic product±1.6%12 of 19×1.41

PCEpersonal income & outlays±1.6%12 of 19×1.39

NFPjobs report±1.3%7 of 10×1.10

CPIconsumer prices±1.1%5 of 10×0.93

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 0.46 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Nov 4 '26 · confirmed	0.46	—
Q2 FY26	Aug 5 '26 · confirmed	-4.60	—
Q1 FY26	May 6 '26 · confirmed	0.67	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod