Kraft Heinz earnings in focus as investors look for signs of sustained demand improvement Proactive uses images sourced from ShutterstockKraft Heinz Co (NASDAQ:KHC, XETRA:KHNZ) is scheduled to report second quarter earnings before the market opens on August 5, with investors expected to focus less on the quarterly results and more on whether improving market share trends are translating into more durable demand. UBS forecasts adjusted earnings per share of $0.52 for the quarter, one cent below the Visible Alpha and FactSet consensus estimate. For the full year, the firm projects an organic sales decline of 1.7%, slightly better than the Street expectation of a 2.0% decline. The firm forecasts North America organic sales to fall 5%, while International Developed Markets are expected to decline 2.2%. Emerging Markets are projected to remain a source of growth, with organic sales increasing 3.5%.