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Update: Mondelez Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell

Update: Mondelez Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell

MT newswireMT newswire2026/10/30 08:25
04:25 AM EDT, 10/30/2026 (MT Newswires) -- (Updates with Undercover Snacks acquisition in the sixth and seventh paragraphs and the latest stock price movement in the headline and the last paragraph.) Mondelez International (MDLZ) reported Q3 adjusted earnings late Thursday of $0.78 per diluted share, up from $0.73 a year earlier. Analysts polled by FactSet expected $0.71. Revenue for the quarter ended Sept. 30 was $9.97 billion, up from $9.74 billion a year earlier. Analysts expected $9.98 billion. For 2026, the company reaffirmed organic net revenue growth of at least 2% and adjusted EPS growth of flat to 5% on a constant currency basis. Mondelez agreed to acquire a majority stake in snack maker Undercover Snacks to expand its household reach in the fast-growing permissible indulgence segment, the company said. Undercover Snacks will continue to operate as a standalone business within Mondelez's North America Ventures unit, while its founder Diana Levy will remain as chief executive, the company said. Mondelez shares were up 6.3% in premarket activity Friday.
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