Citable filing context
MDLZ's research view summarizes recent SEC filing context, starting with earnings from Jul 28, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 28, 2026 | earnings | Mondelez International reported Q2 2026 net revenues of $9.355 billion, a 4.1% increase, and announced a 4% dividend increase. |
| Jun 18, 2026 | management_change | Mondelez appointed Amit Banati as Executive Vice President and CFO, effective July 1, 2026. |
| May 26, 2026 | other | Mondelez International held its annual meeting of shareholders on May 20, 2026. |
| Jul 28, 2026 | Guidance: adjusted_eps_growth | 0.00 to 5.00 |
| Jul 28, 2026 | Guidance: free_cash_flow | 3000.00 to 3000.00 |
| Jul 28, 2026 | Guidance: organic_net_revenue_growth | 2.00 to not reported |
| Jul 28, 2026 | mda_quarterly | Mondelēz International reported a 4.1% increase in net revenues to $9.36 billion for the second quarter of 2026, driven by higher net pricing and favorable currency translation, despite volume headwinds in Europe. Organic Net Revenue grew 2.2%, reflecting successful pricing actions across most regions. Operating income rose 66% to $1.95 billion, largely due to a favorable year-over-year swing in mark-to-market derivative valuations. However, Adjusted Operating Income declined 4.8% as higher raw material costs—specifically cocoa, packaging, and energy—outpaced productivity gains and pricing. The company faces ongoing volatility from geopolitical conflicts in Ukraine and the Middle East, which have pressured supply chains and logistics. While cocoa prices have moderated from peak levels, they remain elevated, and existing hedge positions have limited the immediate benefit to cost of goods sold. Management is currently executing a $1.2 billion multi-year ERP and supply chain transformation program, which is contributing to higher operating expenses. Despite these pressures, the company maintains a strong liquidity position, supported by cash from operations and access to capital markets. Key risks include persistent inflationary pressures, potential trade and tariff volatility, and consumer demand elasticity in response to continued pricing actions. |
| Apr 28, 2026 | mda_quarterly | Net revenues increased 8.2% to $10.1 billion, with organic net revenue growing 3.0% driven by higher pricing. This growth was partially offset by unfavorable volume and mix, specifically pricing elasticity in Europe and Latin America and soft biscuits and baked snacks consumption in North America. Adjusted EPS decreased 9.5% to $0.67, pressured by higher raw material costs—including cocoa, edible oils, nuts, and dairy—and increased advertising and consumer promotion expenses. Operating results were further impacted by a $1.2 billion multi-year ERP system implementation and new restructuring actions initiated in late 2025. Geopolitical volatility remains a key risk, with shipping disruptions in the Middle East affecting AMEA markets and continued operational uncertainty in Russia and Ukraine. Trade risks persist regarding U.S. tariffs, while cocoa supply is threatened by climate change and the EU Deforestation Regulation. Liquidity is supported by a $6.7 billion remaining share repurchase capacity, with 2026 capital expenditures projected up to $1.4 billion. Favorable currency translation from the euro, British pound, and Mexican peso helped mitigate some headwinds, though hyperinflation continues to affect operations in Argentina, Türkiye, Egypt, and Nigeria. |
Source: SEC EDGAR filing text and events; period Jul 28, 2026; filed Jul 28, 2026.
MDLZ company research is available with Aerarium Pro (CAD $10/mo). The five showcase tickers (TSLA, NVDA, AAPL, AMZN, PLTR) and the macro dashboard stay free. Already a subscriber? Sign in to pick up where you left off.