Quarterly ResultApr 28, 2026, 04:13 PM
MDLZ Q1 Net Rev +8.2%, Organic +3.0%; Diluted EPS $0.44 (+41.9%), Adj EPS $0.67 (-14.9%)
AI Summary
Mondelez International reported solid first quarter 2026 results, with Net Revenues up 8.2% to $10.08 billion and Organic Net Revenues growing 3.0%. Diluted EPS increased significantly by 41.9% to $0.44, primarily due to favorable mark-to-market impacts, while Adjusted EPS decreased 14.9% on a constant currency basis to $0.67. The company saw strong top-line growth in Emerging Markets and signs of improvement in Developed Markets, reaffirming its full-year 2026 outlook for Organic Net Revenue and Adjusted EPS growth.
Key Highlights
- Net Revenues increased 8.2% to $10.08 billion.
- Organic Net Revenues grew 3.0%, with Volume/Mix down 0.5%.
- Diluted EPS increased 41.9% to $0.44.
- Adjusted EPS was $0.67, down 14.9% on a constant currency basis.
- Emerging Markets Organic Net Revenue grew 6.3%; Developed Markets grew 0.8%.
- Cash provided by operating activities was $0.5 billion; Free Cash Flow was $0.2 billion.
- Returned $0.6 billion of capital to shareholders.
- Reaffirmed 2026 outlook: Organic Net Revenue growth flat to 2%, Adjusted EPS growth flat to 5%.
Price Impact
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