Mondelez lifts organic revenue growth outlook to at least 2% on Latin America strength

Latin America revenue climbs 15% as second-quarter profit more than doubles

Mondelez International, the company behind Oreo and Cadbury, raised its organic net revenue guidance after reporting second-quarter sales and profit that exceeded Wall Street expectations, according to a Tuesday report in The Wall Street Journal. The revised outlook projects at least 2 percent organic net revenue growth for the full year, up from a previous range of flat to 2 percent. The company said the increase reflects the strength of its results so far in 2026.

For the three months ended in June, Mondelez posted a net profit of $1.55 billion, or $1.20 per share, a sharp increase from $641 million, or 49 cents per share, in the same period a year earlier. Adjusted earnings, which strip out certain one-time items, came to 73 cents per share, ahead of the 68 cents that analysts surveyed by FactSet had forecast. Total revenue rose to $9.36 billion from $8.98 billion, topping the $9.21 billion consensus estimate. The company said part of the revenue gain was driven by higher net pricing.

Latin America delivered the fastest growth among Mondelez’s geographic segments, with revenue rising 15 percent to $1.37 billion. Revenue in the Asia, Middle East and Africa region grew 8.2 percent, while North America posted a 3 percent gain. Sales in Europe declined 1 percent, though CEO Dirk Van de Put said the business is seeing early positive trends in market share. “We delivered continued strength across our Emerging Markets, as well as strong growth and elevated execution in our North America business,” Van de Put said. “In Europe, share dynamics are showing early positive trends, and we believe the business is well-positioned to build on that progress.”

In addition to lifting its organic revenue outlook, Mondelez reaffirmed its full-year forecast for free cash flow of approximately $3 billion and adjusted earnings-per-share growth of flat to up 5 percent on a constant currency basis. Shares of the company rose 2.8 percent to $64.20 in after-hours trading Tuesday.