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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.68Last Year’s EPS
0.73Same Quarter Last Year
Strong Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a mostly positive operational and top-line performance in Q1 — led by a strong emerging-markets contribution (6.3% growth), improving developed-market momentum, successful innovations, and supply-chain productivity that helped limit margin deterioration. Offsetting these positives, management emphasized meaningful near-term cost headwinds from the Middle East conflict (alternative logistics, oil/packaging impacts), an inventory phasing drag (~$350M) and a ~270-basis-point margin decline, along with fragile consumer confidence in some developed markets and pockets of category softness. Management therefore reaffirmed guidance and signaled any upside would likely be reinvested to sustain growth. Overall the tone is cautiously optimistic: solid execution and growth engines are evident, but geopolitical and cost risks temper near-term upside.Company Guidance
Emerging Markets Strong Growth
Emerging markets grew 6.3% in Q1 and represent ~40% of the business. Volume/mix in emerging markets was +0.5% (nearly +1% excluding Argentina). China delivered mid-single-digit growth (including a strong Chinese New Year); India posted strong double-digit growth in chocolate and biscuits (Biscoff launch sold out); Brazil delivered high-single-digit growth; Mexico was flat.
Improving Developed-Market Performance
Europe showed improving share and returning volume share growth in chocolate driven by a robust Easter season and completed retailer negotiations; Australia & New Zealand chocolates had very strong growth. North America delivered slightly positive net revenue growth in Q1 with share gains in crackers (Ritz) and strong performance in candy and venture brands (Perfect Bar, Hu).
Better-Than-Expected Gross Margin / Supply Chain Productivity
Despite inventory phasing headwinds, gross margins performed better than expected: inventory phasing headwind ~ $350 million but gross margin decline was only ~270 basis points. Management highlighted procurement and manufacturing productivity delivering year-on-year P&L benefits.
Successful Innovation and New Product Momentum
Multiple innovation wins and rollouts reported: Biscoff partnership momentum and successful launches (including sold-out launch in India); Milka Croissant strong start; 7Days launch in Brazil; Oreo cakes gaining traction in China and the U.S.; premium initiatives (Toblerone Pralines, Cadbury & More, Milka MAX); Ritz Drizzled/Ritz Bits; growth-focused ventures (Perfect Bar, Clif, Tate's).
Notable Brand and SKU Momentum
Specific brand callouts showing strong performance: Ritz driving cracker share gains; Sour Patch Kids expected to grow double digits for the year with Chews incremental; venture brands (Perfect Bar, Hu, Clif, Tate's) delivering material growth.
Supply Network Investment Plan
Announced supply-chain modernization in North American biscuits: leveraging existing ~60% state-of-the-art network, bringing some co-manufactured platforms in-house, investing in packaging/multipacks, and automating DSD branches to improve flexibility and cost.
Confidence in Longer-Term EPS Growth
Management reiterated confidence in a strong 2027 EPS growth trajectory and indicated that any upside to 2026 EPS would likely be reinvested to accelerate growth.
MDLZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MDLZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $58.05 | $60.53 | +4.27% |
Feb 03, 2026 | $58.47 | $58.40 | -0.12% |
Oct 28, 2025 | $58.66 | $56.36 | -3.92% |
Jul 29, 2025 | $67.37 | $62.91 | -6.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mondelez International (MDLZ) report earnings?
Mondelez International (MDLZ) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Mondelez International (MDLZ) earnings time?
Mondelez International (MDLZ) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MDLZ EPS forecast?
MDLZ EPS forecast for the fiscal quarter 2026 (Q2) is 0.68.
