What were Mondelez's second-quarter revenue and adjusted profit results compared to analyst estimates, and what key factors drove the outperformance?

Mondelez reported quarterly net revenue of $9.36 billion, exceeding analysts' average estimate of $9.20 billion, and adjusted profit 5 cents higher than the consensus estimate of 68 cents. The outperformance was driven by steady demand for biscuits and chocolates in key markets, higher pricing—especially a 2.2 percentage point increase in North America—modest volume growth (1.2 percentage points in North America), a 20-basis-point increase in adjusted gross profit margin from higher net pricing and lower manufacturing costs (partially offset by higher raw material costs), and strong organic revenue growth in Latin America (8.4%) and Asia, Middle East & Africa (7.1%).

How did Mondelez revise its full-year financial guidance, and what does it indicate about underlying demand trends?

Mondelez raised its annual organic net revenue growth forecast to 'at least 2%', up from its prior outlook of 'flat to up 2%', while maintaining its annual adjusted profit forecast of 'flat to up 5%'. This upward revision reflects sustained consumer demand across regions, pricing power that successfully offset cost pressures, and resilience in both value and premium segments amid a 'K-shaped' recovery—where consumers are simultaneously gravitating toward value formats and premium options—as noted in its prepared remarks regarding partially rebounding consumer confidence and ongoing budget pressure from energy prices.

Oreo maker Mondelez beats second-quarter estimates on steady demand

Jul 28, 2026

Mondelez International beat Q2 revenue and profit estimates driven by steady demand and higher pricing, raising its annual organic revenue growth forecast to at least 2%. Adjusted gross margins improved despite rising raw material costs amid nutritional trend shifts.

reuters

2026-04-28

Mondelez beats first-quarter estimates on resilient demand, pricing strength

2026-07-28

Oreo maker Mondelez beats second-quarter estimates on steady demand

Oreo maker Mondelez beats second-quarter estimates on steady demand

FAQ