Mondelez shares rose 3.9% after earnings. The call’s positive signals included maintained 2026 outlook and management’s confidence in strong 2027 EPS growth, alongside volume growth in Europe and continued North American momentum.
- Management maintained its 2026 top-line and EPS outlook, while saying Middle East conflict-related costs are being absorbed within that outlook.
- Management expects strong EPS growth in 2027, supported by volume-led growth, productivity savings, and continued momentum in emerging markets and the U.S.; it also flagged inflation in freight and some commodities.
- Europe posted 1.6 percentage points of positive volume/mix growth, which management described as broad-based; unusually hot weather reduced growth by 1%.
- Emerging-market conditions were mixed: India was positive and Latin America solid, while China was softer. Management cited about 130,000 additional outlets in India year to date and more than 1 million stores in Brazil.
- North American consumer confidence remains soft, and the CEO said he does not expect it to improve soon; management nevertheless said the business grew share and top line.
Community Discussion