Mondelēz Q3 Net Revenues Rise 2.3% to $9.97 Billion as Diluted EPS Jumps 78.9% to $1.02; Undercover Snacks Deal Announced
CHICAGO — Mondelēz International, Inc. (Nasdaq: MDLZ) on October 29 reported results for the third quarter of 2026, with net revenues of $9.967 billion, up 2.3% from a year earlier. Net earnings attributable to the company rose to $1.305 billion, from $743 million in the prior-year quarter, and diluted earnings per share jumped 78.9% to $1.02.
On an adjusted basis, earnings per share were $0.78, up 5.5% on a constant-currency basis. Organic net revenue grew 2.1%, with volume and mix contributing 1.8 percentage points and pricing 0.3 points. According to Reuters, the adjusted EPS of $0.78 beat analysts' average estimate of $0.71, while net revenue of $9.97 billion came in slightly below the $9.98 billion estimate, and shares rose about 4% in extended trading.
By region, Latin America net revenues were $1.387 billion, up 12.0%; Asia, Middle East and Africa rose 8.2% to $2.182 billion; and Europe declined 3.3% to $3.552 billion. Year to date, cash provided by operating activities was $2.6 billion and free cash flow was $1.7 billion, with $2.8 billion returned to shareholders through the third quarter.
The company also announced an agreement to acquire Undercover Snacks, a quinoa crisp snack line with chocolate and frosted varieties. Chairman and Chief Executive Officer Dirk Van de Put said the company delivered strong third-quarter results driven by broad-based volume growth and robust share performance, with top- and bottom-line growth momentum across both developed and emerging markets, while continuing to reinvest in its brands, innovation and distribution.
Mondelēz reaffirmed its 2026 outlook for organic net revenue growth of at least 2% and adjusted EPS growth of 0% to 5% at constant currency. The company's brands include Oreo cookies and Cadbury chocolate.
Source: GSM · USA (original Chinese edition)
Photo: 图：叠放的奥利奥（Oreo）夹心饼干，奥利奥为 Mondelēz 旗下品牌。Kikomori012 摄，CC BY-SA 4.0，经 Wikimedia Commons。 / A stack of Oreo sandwich cookies; Oreo is a Mondelēz brand. Photo by Kikomori012, CC BY-SA 4.0, via Wikimedia Commons.
