[REVISION HISTORY]
Mondelez International financial performance
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2026-10-30 18:03 UTC → 2026-10-30 19:19 UTC ·
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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 $9.97 billion, a 2.3% year-on-year increase. The company attributed growth to a recovery in sales volumes, aided by easing cocoa prices, which allowed a shift from price-driven to volume-led growth. To expand its presence in the “permissible indulgence” category, Mondelez announced the acquisition of Undercover Snacks. Snacks, a producer of chocolate-coated quinoa crisps. While North American volumes remained flat, the company noted momentum in both developed and emerging markets. Recent reports indicate that while volume growth has returned, consumer confidence in North America remains pressured by high energy prices. In subsequent reporting, Latin America, Mondelez noted reported a 12% increase in net revenue in Latin America, revenue, totaling US$ 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 accelerate. This acceleration is anticipated as the company moves past previous price hikes and expands distribution. its distribution, which currently reaches over 1 million stores in the country.
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- 2026-10-30 19:19 UTC Mondelez International financial performance
- 2026-10-30 18:03 UTC Mondelez International financial performance
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