Kraft Heinz (KHC) risk factors: FY2025 10-K

1. We operate in a highly competitive industry.
2. Our success depends on our ability to correctly predict, identify, and interpret changes in consumer preferences and demand, to offer new products to meet those changes, and to respond to competitive innovation.
3. Changes in the retail landscape or the loss of key retail customers could adversely affect our financial performance.
4. Changes in our relationships with significant customers or suppliers, or in other business relationships, could adversely impact us.
5. Maintaining, extending, and expanding our reputation and brand image are essential to our business success.
6. We must leverage our brand value to compete against private label products.
7. We may be unable to drive revenue growth in our key product categories or platforms, increase our market share, or add products that are in faster-growing and more profitable categories.
8. Product recalls or other product liability claims could materially and adversely affect us.
9. Changes in environmental conditions and responsive legislation or regulation may have a long-term adverse impact on our business and results of operations.new

Read these in Item 1A · See the changes

1. The Separation is subject to various risks and uncertainties, involves significant time, expense, and resources and may be further delayed or we may decide to cease work related to the Separation entirely.new
2. The Separation if completed, may not achieve the anticipated benefits and will expose us to new risks.new
3. The Separation if completed, may adversely impact our ability to access the capital markets and our cost of capital.new
4. If the Separation and/or certain related transactions do not qualify as transactions that are generally tax-free for U.S. federal income tax purposes, we and our stockholders could be subject to significant tax liabilities.new
5. Following the Separation, the price of shares of the Company’s common stock may fluctuate significantly.new
6. We may not successfully identify, complete, or realize the benefits from strategic acquisitions, divestitures, alliances, joint ventures, or investments.
7. Our international operations subject us to additional risks and costs and may cause our profitability to decline.
8. Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products and brands.
9. We may be unable to realize the anticipated benefits from prior or future initiatives to reduce fixed costs, simplify or improve processes, or improve our competitiveness.reworded
10. Berkshire Hathaway Inc. has the ability to exert influence over us and significant influence over matters requiring stockholder approval.

Read these in Item 1A · See the changes

1. Our level of indebtedness, as well as our ability to comply with covenants under our debt instruments, could adversely affect our business and financial condition.
2. Additional impairments of the carrying amounts of goodwill or other indefinite-lived intangible assets could negatively affect our financial condition and results of operations.
3. Our net sales and net income may be exposed to foreign exchange rate fluctuations.
4. Commodity, energy, and other input prices are volatile and could negatively affect our consolidated operating results.
5. Volatility in the market value of all or a portion of the derivatives we use to manage exposures to fluctuations in commodity prices may cause volatility in our gross profit and net income.

Read these in Item 1A · See the changes

1. Our compliance with laws and regulations, and related legal claims or regulatory enforcement actions, could expose us to significant liabilities and damage our reputation.
2. If we fail to maintain an effective system of internal controls, we may not be able to accurately and timely report our financial results, which could negatively impact our business, investor confidence, and the price of our common stock.
3. A downgrade in our credit rating could adversely impact interest costs or access to future borrowings.

Read these in Item 1A · See the changes

1. Sales of our common stock in the public market could cause volatility in the price of our common stock or cause the share price to fall.
2. Our share repurchase program may not be fully consummated and the anticipated enhanced long-term stockholder value may not be realized, and share repurchases could increase the volatility of the price of our stock.
3. Our ability to pay regular dividends to our stockholders and the amounts of any such dividends are subject to the discretion of the Board and may be limited by our financial condition, debt agreements, or limitations under Delaware law.

Read these in Item 1A · See the changes

1. Disruptions in the global economy caused by geopolitical conflicts could adversely affect our business, financial condition, and results of operations.
2. or regulators operate could adversely affect our ability to provide products to our customers or our results of operations.new
3. Our performance may be adversely affected by economic and political conditions in the United States and in various other nations where we do business.
4. We rely on our management team and other key personnel and may be unable to hire or retain key personnel or a highly skilled and diverse global workforce.
5. We are significantly dependent on information technology, and we may be unable to protect our information systems against service interruption, misappropriation of data, or breaches of security.
6. Our results could be adversely impacted as a result of increased pension, labor, and people-related expenses.
7. Changes in tax laws and interpretations could adversely affect our business.
8. Volatility of capital markets or macroeconomic factors could adversely affect our business.

Read these in Item 1A · See the changes

Headings in the FY2024 10-K with no match this year.

1. Climate change and legal or regulatory responses may have a long-term adverse impact on our business and results of operations.
2. We may not be able to successfully execute our strategic initiatives.
3. Unanticipated business disruptions and natural events in the locations in which we or our customers, suppliers, distributors, or regulators operate could adversely affect our ability to provide products to our customers or our results of operations.