Mondelez International stock highlights renewed Q3 volume growth

Published on 11/02/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mondelez International stock follows renewed volume growth across regions. The company kept its 2026 outlook and agreed to buy Undercover Snacks.

Volume Growth Shapes Third Quarter

Organic net revenue rose 2.1 percent in the third quarter, supported by 1.8 percentage points of volume and mix growth.
Reported diluted earnings per share increased to 1.02 US dollars, while adjusted earnings per share reached 0.78 US dollars.
Mondel?z reaffirmed its 2026 organic revenue, adjusted earnings and free cash flow outlook.
The company agreed to acquire Undercover Snacks to expand its permissible indulgence portfolio.

Mondelez International, US6092071058, Illustration mit AI erstellt.

Mondel?z International reported renewed volume growth in the third quarter ended September 30, 2026, as the snack maker reaffirmed its full-year outlook and announced an agreement to acquire Undercover Snacks. The company disclosed the results on Thursday, October 29, in its quarterly release.

Volume Returns Across Regions

Reported net revenue increased 2.3 percent year over year to 9.967 billion US dollars. Organic net revenue rose 2.1 percent, driven by 1.8 percentage points of volume and mix growth and 0.3 percentage points of pricing.

Emerging markets delivered organic growth of 4.1 percent, led by 7.7 percent growth in Asia, Middle East and Africa and 6.9 percent in Latin America. Developed markets grew 0.8 percent organically. Europe declined 2.1 percent on an organic basis, but still recorded 1.6 percentage points of volume and mix growth, while North America grew 1.6 percent organically.

Chief Executive Officer Dirk Van de Put said the quarter reflected broad-based volume growth and robust share performance. Management pointed to continued investment in brands, innovation and distribution as it seeks volume-led earnings growth.

Adjusted Earnings Gain Momentum

Reported diluted earnings per share rose 78.9 percent to 1.02 US dollars. Adjusted earnings per share increased 5.5 percent on a constant-currency basis to 0.78 US dollars. The company attributed the reported increase partly to favorable year-over-year changes in commodity and foreign-currency derivative mark-to-market effects, acquisition-related items and the prior-year pension participation charge.

Adjusted gross profit rose 14.0 percent at constant currency, with the adjusted margin expanding to 34.2 percent. Lower raw-material and manufacturing costs, productivity gains, favorable volume and mix, and higher net pricing supported the improvement. Higher advertising and consumer-promotion costs, along with other selling, general and administrative expenses, partly offset the gain.

Outlook Remains Unchanged

Mondel?z reaffirmed its 2026 outlook for organic net revenue growth of at least 2 percent and adjusted earnings per share growth ranging from flat to 5 percent on a constant-currency basis. Free cash flow is expected at approximately 3 billion US dollars. The outlook remains subject to geopolitical, trade, regulatory and commodity-price volatility.

The company also announced an agreement to acquire Undercover Snacks, a quinoa crisp line with chocolate and frosted varieties. Mondel?z said the transaction would support its expansion in the high-growth permissible indulgence segment, subject to the terms of the agreement.

The real-time quote of Mondelez International stock was EUR 57.81 on Lang & Schwarz at 12:03 CET on Monday, November 2, 2026.