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2 clusters · 13 sources · 1 days · First seen · Last updated

Mondelez International financial performance

Overview

Mondelez International reported third-quarter financial results that exceeded Wall Street profit expectations, posting a non-GAAP profit of $0.78 per share. Revenue reached $9.97 billion, a 2.3% year-on-year increase. The company attributed growth to a recovery in sales volumes, aided by easing cocoa prices, which allowed a shift from price-driven to volume-led growth.

To expand its presence in the “permissible indulgence” category, Mondelez announced the acquisition of Undercover Snacks, a producer of chocolate-coated quinoa crisps. While North American volumes remained flat, the company noted momentum in both developed and emerging markets. Recent reports indicate that while volume growth has returned, consumer confidence in North America remains pressured by high energy prices.

In Latin America, Mondelez reported a 12% increase in net revenue, totaling US$ 1.39 billion. Although Brazil’s chocolate segment previously faced challenges due to price adjustments and packaging changes, executives expect sales volumes in Brazil to accelerate. This acceleration is anticipated as the company moves past previous price hikes and expands its distribution, which currently reaches over 1 million stores in the country.

Entities

Dirk Van de Put · Mondelez International · Brazil · Cadbury Nigeria Plc · Wall Street

Timeline

  1. [BUSINESS] 2 sources
    Colgate-Palmolive and Mondelez report growth in Latin American markets

    Colgate-Palmolive raised its annual outlook following strong third-quarter results, while Mondelez expects accelerating chocolate sales in Brazil after recent price and packaging adjustments.

  2. [BUSINESS] 11 sources
    BUA Foods and Mondelez report strong quarterly financial results

    BUA Foods reported an 11 percent profit increase to ₦450 billion for the first nine months of 2026, while Mondelez International beat Q3 estimates and announced the acquisition of Undercover Snacks.

Sources

blueprint.ng · businesselitesafrica.com · checkout.ie · grocerygazette.co.uk · mobile.valor.com.br · nairametrics.com · pymnts.com · realnewsmagazine.net · seekingalpha.com · srnnews.com · thegardenmagazine.com · unilorin.edu.ng · valor.globo.com

This summary has been updated 1 time: see revision history