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Mondelez Stock Jumps 7% After Earnings Beat
Why is Mondelez stock up today?
Mondelez (MDLZ) stock rose about 7% on Friday to around $67 after the snack maker beat third-quarter profit forecasts, helped by lower cocoa costs and stronger sales volumes.
Key numbers
| Adjusted EPS (profit per share) | $0.78vs $0.71 expected |
|---|---|
| Net revenue | $9.97B+2.3% YoY; $9.98B expected |
| Organic net revenue growth | 2.1%1.8 pts from volume/mix |
| Adjusted gross margin | 34.2%+3.8 pts YoY |
| Adjusted operating margin | 13.9%+1.9 pts YoY |
What happened
Mondelez (MDLZ) stock rose about 7% on Friday to around $67 after the snack maker beat third-quarter profit forecasts, helped by lower cocoa costs and stronger sales volumes. Adjusted profit was $0.78 a share against the $0.71 analysts expected, while sales of $9.97B landed just under the $9.98B forecast. Sales excluding currency swings and acquisitions grew 2.1%, and most of that came from selling more snacks rather than raising prices. Cocoa, the key chocolate ingredient, has become cheaper as supply improved. The company kept its 2026 forecast unchanged.
Why it matters
Mondelez, the maker of Oreo and Cadbury chocolate, showed it can grow profit again after record cocoa prices squeezed snack makers. Shoppers bought more products, not just paid higher prices, which suggests people are still choosing its brands. Management also said it expects strong profit growth in 2027. Higher energy prices still weigh on North American shoppers.
Who this affects
- MarketbullishMedium impact
- Food-stock investors gain; shares hit a 52-week high.
- CompanybullishHigh impact
- Shareholders gain as profit margins widen and volumes grow.
- CompetitorsmixedLow impact
- Hershey up 2.9% early, but its outlook is weaker.
- IndustrybullishMedium impact
- Cheaper cocoa eases cost pressure on chocolate and snack makers.
Mondelez vs Hershey, Kraft Heinz, General Mills
How we got here
Q3 results released; shares rise about 6% in after-hours trading.
Shares hit $67.00 versus $62.53 prior close; reported gains range 3.6% to 7%.
Jefferies, Stifel and UBS lift price targets to $73, $68 and $68.
What to watch
- Whether North American shoppers keep spending as higher energy prices weigh on confidenceQ4 2026
- Full-year results and 2027 outlook, which management says will bring strong profit growthQ1 2027
- Cocoa supply: a surplus this season, but a 190,000-ton deficit is forecast next year2027
Educational content only. Not investment advice.
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