MDLZ
NASDAQ · Consumer Defensive · Food Confectioners · US
Research · Oct 14, 2026
[MDLZ] Mondelez: Q3 2026 earnings preview on Europe chocolate volumes and cocoa costs
Mondelez grew Q2 2026 revenue 4.1% to $9.36 billion as adjusted operating income fell 6.1%; Q3 tests whether European volumes and hedged cocoa costs let gross profit outrun reinvestment.
Research · Sep 3, 2026
[MDLZ] Mondelez Thesis 2026: Cocoa Cost Surge Forces Guidance Reset Across Portfolio
Mondelez FY25 (Dec 31, 2025) at $38.54B revenue (+6%). NI $2.45B; EPS $1.89 (-45%). Cocoa price spike compressed GM 39.1%->28.0%. FCF $3.24B held. FY26 guide: organic +0-2%, cocoa coverage cost better, NA biscuit + EU chocolate disruption. 2027: step up in investments, significant uplift.
Research · Apr 10, 2026
Iran War Oil Shock: USO Up 24%, XLE Up 8% — Which ETFs Have More Room to Run?
War disruptions choke sugar exports from a key hub, spiking prices to benefit producers ADM and BG while pressuring Hershey, Mondelez, and KDP margins. Bunge leads conviction with 32% revenue growth and attractive P/E; Hershey trails as most vulnerable.