EarningsQ2 2026 Earnings Report
DE:KTF Q2 2026 EPS Results
Actual EPS€0.65
Consensus EPS€0.61
Beat/MissBeat by +€0.04
One Year Ago EPS€0.65
DE:KTF Q2 2026 Revenue Results
Actual Revenue€8.34B
Expected Revenue€8.21B
Beat/MissBeat by +€132.89M
YoY Revenue Growth+4.13%
Earnings Announcement Details
QuarterQ2 2026
Date07/28/2026
TimeAfter Close
Conference CallTuesday, July 28, 2026
DE:KTF Upcoming Earnings
Mondelez International's next earnings date is estimated for November 3, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:KTF Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple durable growth drivers—strong emerging markets expansion, improving North America performance, successful innovation (notably the Biscoff collaboration), gross profit dollar growth, and planned productivity/AI initiatives—while acknowledging manageable headwinds from cocoa volatility, Middle East impacts, Europe weather-related softness, and temporary EPS phasing. On balance the positives (distribution gains, product/innovation traction, gross profit dollar growth, and clear productivity levers) outweigh the near-term challenges, which management characterizes as largely phasing or manageable.Company Guidance
Strong Q2 Top-Line and Volume
Company reported strong top-line performance in Q2, citing ~4.4% top-line growth and robust volume growth for the quarter. Management emphasized sustained consumer snacking demand in emerging markets and positive volume/mix momentum across regions.
Full-Year Top-Line Raised to At Least +2%
Management increased the top-line expectation to at least +2% for the full year, citing continued strength in emerging markets, improving execution in North America, and a stabilizing Europe volume trajectory.
Gross Profit and Margin Performance
Q2 gross margin was cited around 34% (better than expectations) with gross profit dollars up ~+3% in Q2. Management expects gross profit dollar acceleration in Q3 and Q4 and EBIT to grow in both Q3 and Q4.
Emerging Markets Distribution and Growth
Significant distribution gains: added ~100,000 stores in India and Brazil reached ~1,000,000 stores. Management highlighted emerging markets as a structural growth driver with strong value growth in biscuits and chocolate.
North America Recovery and Channel Gains
North America showed improving sequential performance: positive volume/mix versus Q1, share gains across categories, strong innovation traction (e.g., Ritz Drizzled, new Oreo activity), and channel strength—value channels growing high single digits and away-from-home mid single digits.
Successful Innovation and Biscoff Collaboration
Innovation performing well across health & wellness, cakes/pastries and premium chocolate. Biscoff collaboration is a standout: new chocolate/Biscoff launches achieved rapid adoption (e.g., 7% market share in Scandinavia first month; +3% category growth in Australia), sold-out first production line in India, and management projects multi-year runway potentially worth $500M–$1B.
Productivity, Supply-Chain and AI Initiatives
Management highlighted ongoing productivity programs, supply-chain initiatives and AI-enabled efficiencies to drive overhead and cost savings, which underpin confidence in delivering 'strong' 2027 EPS despite commodity volatility.
DE:KTF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed