Earnings summaries and quarterly performance for Mondelez International.
Executive leadership at Mondelez International.
Dirk Van de Put
Detailed
Chief Executive Officer
CEO
GV
Gustavo Valle
Detailed
Executive Vice President and President, North America
LS
Laura Stein
Detailed
Executive Vice President, Corporate & Legal Affairs; General Counsel and Corporate Secretary
LZ
Luca Zaramella
Detailed
Executive Vice President and Chief Financial Officer
SL
Stephanie Lilak
Detailed
Executive Vice President and Chief People Officer
VK
Volker Kuhn
Detailed
Executive Vice President and President, Europe
Board of directors at Mondelez International.
BJ
Brian J. McNamara
Detailed
Director
C'
Cees 't Hart
Detailed
Director
EC
Ertharin Cousin
Detailed
Director
JH
Jane Hamilton Nielsen
Detailed
Director
JS
Jorge S. Mesquita
Detailed
Director
MA
Michael A. Todman
Detailed
Director
NM
Nancy McKinstry
Detailed
Director
PT
Patrick T. Siewert
Detailed
Lead Independent Director
PA
Paula A. Price
Detailed
Director
Research analysts who have asked questions during Mondelez International earnings calls.
Andrew Lazar
Barclays PLC
7 questions for MDLZ
Also covers: BGS, BRBR, CAG +15 more
Peter Galbo
Bank of America
7 questions for MDLZ
Also covers: CAG, CL, CPB +23 more
DP
David Palmer
Evercore ISI
5 questions for MDLZ
Also covers: BGS, BRBR, CAG +21 more
Megan Clapp
Morgan Stanley
4 questions for MDLZ
Also covers: BRBR, CAG, CPB +14 more
KG
Kenneth Goldman
JPMorgan Chase & Co.
3 questions for MDLZ
Also covers: ACI, BRBR, BYND +17 more
Alexia Howard
AllianceBernstein
2 questions for MDLZ
Also covers: BRBR, BYND, CAG +10 more
Chris Carey
Wells Fargo Securities
2 questions for MDLZ
Also covers: CAG, CHD, CL +13 more
Christopher Carey
Wells Fargo & Company
2 questions for MDLZ
Also covers: CAG, CHD, CL +21 more
Max Gumport
BNP Paribas
2 questions for MDLZ
Also covers: CAG, FLO, GIS +10 more
Robert Moskow
TD Cowen
2 questions for MDLZ
Also covers: BGS, BRBR, BYND +27 more
TP
Thomas Palmer
Citigroup Inc.
2 questions for MDLZ
Also covers: ADM, BG, BRBR +14 more
TP
Tom Palmer
JPMorgan Chase & Co.
2 questions for MDLZ
Also covers: ACI, ADM, CAG +10 more
John Baumgartner
Mizuho Securities
1 question for MDLZ
Also covers: BRBR, BYND, GIS +15 more
Max Andrew Gumport
BNP Paribas
1 question for MDLZ
Also covers: CAG, FLO, GIS +8 more
Megan Christine Alexander
Morgan Stanley
1 question for MDLZ
Also covers: BC, CAG, COOK +15 more
Recent press releases and 8-K filings for MDLZ.
Mondelēz International presents Q4 2025 earnings and 2026 guidance
MDLZ
Guidance Update
Demand Weakening
- Mondelēz executed its 2025 chocolate strategy via list-price increases and price-pack architecture, but will adjust in northern Europe in 2026, boost brand investment on lower cocoa costs, and remain agile to competitor moves given 2026 hedged cocoa at higher than spot prices.
- 2026 guidance assumes 0–2% organic sales growth, with a $500 million Q1 non-cash inventory charge from cocoa pipeline revaluation, stable U.S. biscuits in H1, stable European chocolate after customer negotiations, and neutral-to-positive pricing net of cost in chocolate.
- Emerging markets momentum remains strong (high-single-digit growth in LATAM and EMEA ex-Argentina), while North America faces a 4% biscuit volume decline, to be addressed by higher A&C investment, targeted price-pack offers, channel expansion, and a multi-year supply-chain efficiency program.
- Looking to 2027, a cocoa price reset to ~$3,000/ton underpins a significant chocolate margin recovery, funding a mix of reinvestment and EPS growth, alongside stepped-up A&C spend through 2027 to drive sustained volume gains.
4 hours ago
Mondelēz International reports Q4 2025 results and outlines 2026 strategic priorities
MDLZ
Guidance Update
Demand Weakening
New Projects/Investments
- 2026 guidance embeds 0–2% organic sales growth, with prudence for U.S. biscuit softness and European chocolate stability amid customer negotiations; includes a $500 million Q1 headwind from cocoa inventory revaluation as pipeline costs lock above spot.
- Cocoa prices plunged unexpectedly, pressuring short-term margins but positioning for significant margin expansion in 2027; the company is fully covered for 2026 at higher costs and maintains flexibility depending on competitor reactions.
- Chocolate strategy for 2026 emphasizes price‐point adjustments, stepped-up brand investments and innovation-led initiatives (notably Biscoff collaborations), plus in-store activations to rebuild consumption frequency and volume.
- North America faces low consumer confidence and a −4% biscuit volume decline in Q4; the response focuses on targeted promotions, channel expansion, premium snacking growth (e.g., Perfect Bar, Tate’s) and supply‐chain modernization, without broad-based price cuts.
4 hours ago
Mondelēz International outlines 2026 outlook on cocoa and demand pressures
MDLZ
Guidance Update
Demand Weakening
- Mondelēz executed its chocolate price-pack architecture playbook in 2025 but saw higher than expected elasticity in northern Europe, prompting repricing, renewed innovation (notably Biscoff), and increased brand investments for 2026; with cocoa prices having fallen sharply, the company expects a significant margin uplift in 2027 as earlier‐locked costs roll off.
- The 2026 guidance calls for 0–2% organic net revenue growth with flat chocolate pricing, and includes a $500 million Q1 headwind from inventory revaluation as 2026 cocoa pipeline costs reset lower than 2025 exit levels; flexibility is built in for potential competitor reactions to the cocoa price decline.
- In North America, consumer confidence near historic lows has driven shoppers toward value channels and multi-packs, causing biscuit volumes to fall; Mondelēz plans to boost media spend, optimize promotions, expand into under-indexed channels, and modernize its supply chain to restore volume and margin growth.
- Emerging markets delivered high-single-digit growth in 2025, and while Argentina’s economic turmoil masked regional performance, Mondelēz expects Latin America and EMEA to sustain volume momentum in 2026 through mix improvements and reduced elasticity from prior price increases.
4 hours ago
Mondelēz International reports Q4 2025 results
MDLZ
Earnings
Guidance Update
Share Buyback
- Mondelēz delivered Q4 2025 organic net revenue growth of +5.1%, led by cocoa-driven pricing (+9.9pp) offset by volume/mix declines (-4.8pp).
- Q4 adjusted EPS was $0.72, up 4.6% at constant currency, driven by cost discipline and lapping high cocoa costs.
- Full-year free cash flow reached $3.2 B, and the company deployed $4.9 B in dividends and share repurchases in 2025.
- For 2026, Mondelēz expects organic net revenue growth flat to +2%, adjusted EPS growth flat to +5%, and free cash flow of about $3 B.
6 hours ago
Mondelez International reports Q4 and FY 2025 earnings
MDLZ
Earnings
Guidance Update
Share Buyback
- In Q4 2025, net revenues were $10.496 billion, up 9.3% (organic +5.1%), and diluted EPS was $0.51, down 60.8%; adjusted EPS was $0.72, up 4.6% on a constant currency basis.
- For FY 2025, net revenues reached $38.537 billion, up 5.8% (organic +4.3%), while diluted EPS declined 44.7% to $1.89 and adjusted EPS fell 14.6% to $2.92 on a constant currency basis.
- The company generated $4.5 billion of operating cash flow and $3.2 billion of free cash flow, and returned $4.9 billion to shareholders via dividends and share repurchases in FY 2025.
- For 2026, Mondelez expects organic net revenue growth of 0–2%, adjusted EPS growth of 0–5% on a constant currency basis, and free cash flow of approximately $3 billion.
6 hours ago
Mondelez’s Armis named to Fortune Cyber 60 for second consecutive year
MDLZ
- Armis wurde erneut in die Fortune Cyber 60 aufgenommen, einer Rangliste führender VC-finanzierter Cybersicherheitsunternehmen, präsentiert von Lightspeed, Fortune Magazine und AWS.
- Das Unternehmen hat einen jährlichen wiederkehrenden Umsatz (ARR) von 300 Mio. USD überschritten, den Geschäftsbereich Armis Federal eingeführt und seine dritte Akquisition innerhalb von 12 Monaten abgeschlossen.
- Armis wurde als Leader in der Forrester Wave™: IoT Security Solutions Q3 2025 und in der Forrester Wave™: Unified Vulnerability Management Solutions Q3 2025 ausgezeichnet sowie im Gartner® Magic Quadrant™ for CPS Protection Platforms positioniert.
- Das Unternehmen betreut tausende Kunden, darunter United Airlines, Colgate Palmolive und Mondelez, sowie über ein Drittel der Fortune 100 und 60 % der Fortune 10.
Oct 30, 2025, 10:47 PM
Mondelēz International announces Q3 2025 results
MDLZ
Earnings
Guidance Update
Demand Weakening
- Europe saw stable consumer confidence but faced pressure after ~30% cocoa-driven price increases, leading to higher than expected price elasticity of 0.7–0.8 (vs. historical 0.4–0.5) and volume declines in the UK and Germany due to heat waves and competitive price gaps.
- North America volumes declined 4% (vs. 2.8% YTD) as consumers traded down to smaller packs and value channels; the company is adjusting price points (e.g., $3 packs), expanding in club/value/online, and doubling down on 20%+ growth protein and premium segments.
- Emerging markets volume was down 4.7%, driven by Argentina’s hyperinflation and Indian downsizing; excluding those, volumes fell 3%, with Brazil up double-digits, Mexico mid-single-digits, and China down low single-digits in Q3.
- 2025 guidance implies Q4 organic net revenue growth of >4%, over-delivering on EPS versus 2024 due to a non-recurring $0.08 tax benefit and anticipated cocoa cost relief; targeting high single-digit EPS growth in 2026 amid continued brand and supply-chain investments.
Oct 28, 2025, 9:00 PM
Mondelez International reports Q3 2025 results
MDLZ
Earnings
Guidance Update
- Q3 organic net revenue grew +3.4%, led by pricing (+8.0pp) and offset by volume/mix (-4.6pp); the company updated its FY 2025 outlook to 4%+ organic growth and ~ -15% adjusted EPS decline on a constant-FX basis.
- Adjusted EPS at constant FX was $0.72, down 24.2% year-over-year, primarily driven by higher cocoa input costs.
- By segment, Chocolate posted +8.2% organic growth, Biscuits & Baked Snacks +1.2%, and Gum & Candy +2.4% in Q3 2025.
- Regional organic net revenue growth: Europe +5.1%, AMEA +5.3%, Latin America +4.7%, and North America -0.3% in Q3 2025.
Oct 28, 2025, 9:00 PM
Mondelez International reports Q3 2025 earnings and previews 2026 outlook
MDLZ
Earnings
Guidance Update
- Q3 global volumes pressured: North America down 4% vs 2.8% YTD average, while Europe chocolate price elasticity reached 0.7–0.8, above the 0.4–0.5 plan, driven by ~30% cocoa-led price hikes.
- North American snacking volumes hit by consumer cost concerns, muted promo ROI and shifts to value clubs/online; growth levers include multipacks, protein bars (+20%+ growth) and premium brands (Tate’s, Belvita) under a new pack-price architecture.
- Europe delivered share and mix gains in biscuits and cakes but saw UK/Germany pockets of pressure from competitive price gaps and a July heat wave; management is repositioning key price points, innovating with new formats and intensifying seasonal promotions.
- Guidance update: 2025 outlook trimmed on tariffs, U.S. retailer destocking and European heat wave, with implied Q4 organic growth >4% and EBIT over-delivery (no prior-year $0.08 tax drag). For 2026, management targets high single-digit EPS growth amid deflationary cocoa, ongoing brand investments and a multi-year North America supply-chain productivity program (peaking in 2027).
Oct 28, 2025, 9:00 PM
Mondelez International reports Q3 2025 earnings
MDLZ
Earnings
Guidance Update
- Company faced three unexpected headwinds in Q3—tariffs and related consumer-confidence uncertainty, U.S. retailer destocking, and a European heat wave—leading to a pullback from its initial 2025 guidance adjustment.
- North America volumes declined 4% in Q3 (vs. 2.8% YTD) as consumers traded down; management plans further pricing actions and channel expansion in value clubs, e-commerce, and on-the-go formats to restore growth.
- In Europe, non-seasonal chocolate price elasticity ran at 0.7–0.8 after about 30% cocoa-cost–driven increases (vs. historical 0.4–0.5), prompting format resizing, price-point realignments, and enhanced promotional investments.
- Emerging-markets volumes fell 4.7%, largely due to Argentina’s macro volatility and India downsizing; Brazil delivered double-digit growth and Mexico mid-single-digit gains, while China saw a low-single-digit decline.
- Revised FY25 guidance targets organic net revenue growth >4% with a Q4 step-up, and the company is targeting high-single-digit EPS growth in 2026, supported by cocoa cost deflation, emerging-market momentum, and strategic reinvestments.
Oct 28, 2025, 9:00 PM
Quarterly earnings call transcripts for Mondelez International.
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