Mondelez posts higher first-quarter profit and revenue driven by international growth
Updated
Updated · The Wall Street Journal · Apr 28
Mondelez posts higher first-quarter profit and revenue driven by international growth
12 articles · Updated · The Wall Street Journal · Apr 28
Mondelez reported Q1 profit of $560 million and revenue of $10.08 billion, surpassing analyst expectations, with Asia, Middle East, and Africa revenue up 14% and Latin America up 12%.
Adjusted earnings reached 67 cents per share, beating estimates, while European revenue grew 9% and North America rose 0.5%. The company reaffirmed its 2026 outlook for modest organic net revenue and earnings growth.
CEO Dirk Van de Put cited strong brand investment and strategy execution despite global volatility. Mondelez expects $3 billion in free cash flow, noting forecasts exclude potential USMCA tariff changes amid ongoing geopolitical and commodity price uncertainty.
Why did adjusted earnings fall despite the company's record-breaking revenue?
With sales volume dropping, are price hikes a sustainable growth strategy for Mondelez?
Why is Mondelez's growth in North America lagging so far behind other regions?
Can Mondelez's push for premium snacks succeed as consumers cut back on spending?
How is Mondelez changing its chocolate recipes to combat record-high cocoa prices?
Is the 'Cocoa Life' program more about marketing or real supply chain security?