Mondelez International, Inc. (MDLZ) Earnings Call Transcripts

Mondelez International, Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, Mondelez International reported a revenue of $8.2 billion, reflecting a 4.4% year-over-year growth, driven by strong performance in emerging markets and a rebound in North America. The company maintained its EPS guidance while raising its top-line growth forecast to at least 2% for the full year. Management expressed confidence in sustained growth, particularly in emerging markets and through innovation, despite ongoing inflationary pressures and geopolitical challenges.

Reported metrics

Guidance from management

Management maintained its EPS outlook while raising the top-line growth forecast to at least 2% for the fiscal year, indicating confidence in sustained performance despite external challenges.

What management said

I stay disciplined in not guiding too many variables. What I said is that we are happy with the volume mix momentum we see in emerging markets that we see in North America. Europe, I think, was pressured, but you're going to see a sequential improvement. Now I wouldn't guide you necessarily to volume mix for the second part of the year, but it will be positive. I think in terms of top line, what we said at least 2% r...

I think that's it. That was the last question. So I want to thank you for connecting to the call. We are very satisfied with our results. We have a good view on the second half. We think it's going to be a strong second half for the company. And also, we'll see you during the next earnings call or hear you during the next earnings call. Thank you.

What analysts pressed on

Analysts expressed concerns about the sustainability of growth in North America amidst inflationary pressures and the impact of geopolitical issues on profitability. There were also questions regarding the potential deceleration in growth rates due to macroeconomic uncertainties.

Main topics on the call

• Strong Performance in Emerging Markets — Mondelez experienced a robust 4.4% revenue growth in Q2, primarily fueled by strong consumer confidence in emerging markets like India and Brazil. CEO Dirk Van de Put stated, "Consumer confidence in the emerging markets....
• North America Recovery — The North American market showed positive momentum with strong net revenue growth and a positive volume mix. Van de Put noted, "We gained share in all our categories in North America," suggesting a sustainable recovery d...
• Guidance Update — Management raised the top-line growth guidance to at least 2% for the fiscal year, citing strong volume-led growth in emerging markets and improved execution in North America. CFO Amit Banati emphasized, "We feel good ab...
• Challenges in Europe — While Europe is showing signs of improvement, management acknowledged challenges due to a heat wave impacting chocolate consumption. Luca Zaramella mentioned, "Q2 is a little bit below where we would have expected it to ...

Read the full Mondelez International, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 56 Mondelez International, Inc. earnings call transcripts on record, spanning January 29, 2020 to July 28, 2026. Based on this history, Mondelez International, Inc. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MDLZ

Exchange

NasdaqGS

Country

US

Sector

Consumer Staples

Industry

Food Products

Calls on record

56

First call

January 29, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly