Recent Updates — MDLZ

Mondelēz International reported third-quarter 2026 results with net revenues of $9,967 million, up 2.3 percent year-over-year. Diluted earnings per share increased 78.9 percent to $1.02, while adjusted EPS rose 5.5 percent on a constant currency basis to $0.78. The company also announced an agreement to acquire Undercover Snacks, a quinoa crisp brand, expanding its permissible indulgence segment. For the first nine months of 2026, Mondelēz returned $2.8 billion to shareholders through dividends and share repurchases. The confectionery and snacking giant operates in over 150 countries with iconic brands including Oreo, Cadbury, and Toblerone.

Mondelēz International reported second quarter 2026 results with net revenues of $9.355 billion, a 4.1% increase year-over-year, driven by organic growth of 2.2% and favorable currency impacts. Diluted earnings per share rose 144.9% to $1.20, while adjusted EPS declined 2.7% on a constant currency basis to $0.73. The company announced a 4% increase to its quarterly dividend. For the full year 2026, Mondelēz expects at least 2% organic net revenue growth, flat to 5% adjusted EPS growth on a constant currency basis, and approximately $3 billion in free cash flow. The company operates in the global food and beverage industry, specifically manufacturing and distributing snacks and confectionery products.

On June 15, 2026, Mondelēz International announced the appointment of Amit Banati as Executive Vice President and Chief Financial Officer, effective July 1, 2026. Mr. Banati, formerly CFO of Kenvue and Kellanova, will receive an annual base salary of $1,050,000, a target annual incentive of 125% of base salary, and a target annual long-term equity grant of $5,000,000. He is also eligible for a cash make-whole award not to exceed $7,000,000 to compensate for forfeited compensation from his previous employer. He will report to CEO Dirk Van de Put. The company operates in the food industry and manufactures snacks and confectionery.