Mondelēz Reports Q3 2026 Results and Announces Acquisition of Undercover Snacks

Overview of Filing

On October 29, 2026, Mondelēz International, Inc. (NASDAQ: MDLZ) submitted a Form 8-K under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits), disclosing financial results for the third quarter ended September 30, 2026.

Key Financial Highlights

• Net Revenues: Q3 reported net revenues were $9,967 million, up 2.3% year-over-year. Organic net revenue rose 2.1%, driven by a favorable volume/mix contribution of +1.8 percentage points and pricing of +0.3 percentage points.
• Regional Performance:
  • Latin America: Reported revenues of $1,387 million (+12.0% reported, +6.9% organic).
  • Asia, Middle East & Africa: Reported revenues of $2,182 million (+8.2% reported, +7.7% organic).
  • Europe: Reported revenues of $3,552 million (-3.3% reported, -2.1% organic).
  • North America: Reported revenues of $2,846 million (+1.1% reported, +1.6% organic).
  • Emerging vs. Developed: Emerging markets organic growth reached +4.1%, while developed markets grew +0.8%.
• Earnings Per Share: Reported Diluted EPS reached $1.02 (+78.9% year-over-year). Adjusted EPS stood at $0.78, reflecting a 5.5% increase on a constant-currency basis.
• Cash Flow & Capital Allocation: Year-to-date operating cash flow totaled $2.6 billion, with free cash flow of $1.7 billion. Total capital returned to shareholders stood at $2.8 billion through Q3.

Strategic Developments

• M&A Expansion: Mondelēz announced an agreement to acquire Undercover Snacks, a brand specializing in chocolate and frosted quinoa crisps, expanding the company's presence in the fast-growing permissible indulgence category.

Market Impact & Significance

The filing reflects resilient top-line growth driven by volume gains in emerging markets and disciplined pricing, paired with strategic bolt-on acquisitions in snacking segments.