Mondelez’s volumes improve as it agrees to buy control of Undercover
Mondelez ($MDLZ) reported third-quarter 2026 revenue of $9.97 billion, up 2.3%, with organic growth of 2.1%. Volume and mix contributed 1.8 percentage points, while pricing added 0.3 points. Adjusted EPS was $0.78, increasing 5.5% at constant exchange rates, and the adjusted operating margin widened to 13.9%. GAAP EPS of $1.02 rose much faster, with derivative fair-value movements affecting that comparison. The company maintained its 2026 outlook for organic revenue growth of at least 2%, consta
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