Exhibit 99.1 Contacts: Tracey Noe (Media) Shep Dunlap (Investors) 1-847-943-5678 1-847-943-5454 news@mdlz.com ir@mdlz.com Mondelēz International Reports Q3 2024 Results Net Revenues increased +1.9% Organic Net Revenue grew +5.4% 1 Volume/Mix grew +0.3% Diluted EPS declined -12.5% to $0.63 Adjusted EPS on a constant currency basis up +28.6% to $0.99 1 YTD cash from operating activities $3.5 billion YTD Free Cash Flow $2.5 billion 1 Agreed to acquire a majority stake in Evirth CHICAGO, Ill. – October 29, 2024 ...

Wall Street analysts expect Mondelez (MDLZ) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year increase of 2.4%. Revenues are expected to be $9.06 billion, up 0.4% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company reveals its ear ...

Core Insights - Mondelez International, Inc. (MDLZ) is expected to report revenue of $9.07 billion for Q3 2024, reflecting a 0.4% increase year-over-year, with earnings per share estimated at 84 cents, a 2.4% rise from the previous year [1][2] Group 1: Company Performance - Continuous reinvestments in brands and operational efficiency have positively impacted Mondelez's performance, particularly in core categories like chocolate, biscuits, and baked snacks [2][3] - The company has shown resilience in its core categories during economic downturns, as evidenced by strong loyalty and volume in Q2 2024 despite challenging market conditions [2][3] Group 2: Growth Opportunities - Mondelez is focusing on expanding its chocolate and biscuit categories, with estimated revenue growth of 2.5% and 0.4% respectively for Q3 [3] - The company is adapting to consumer preferences for lower-priced options, implementing strategies to counteract softness in certain brands like Chips Ahoy! [3] Group 3: Market Challenges - Mondelez faces challenges from rising input costs, inflation, and consumer uncertainties, particularly with high cocoa prices expected to impact the second half of 2024 [3] - The dynamic operating environment poses risks to the company's performance in the upcoming quarter [3] Group 4: Earnings Predictions - The company has a Zacks Rank of 3 and an Earnings ESP of +0.80%, indicating a favorable outlook for an earnings beat in the upcoming report [4]

Mondelez (MDLZ) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2 ...

Mondelez International, Inc.'s (MDLZ) shares have gained 7.5% in the past three months, surpassing the industry and the broader S&P 500 index's growth of 4.6% and 4.5%, respectively. This performance stems from a strategic emphasis on core categories and targeted initiatives to streamline and reshape the company's portfolio. Image Source: Zacks Investment Research MDLZ stock last traded at $71.91 and is 6.8% below its 52-week high of $77.20, touched on Feb. 2, 2024. The stock is trading above its 200-day mo ...

CHICAGO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) will release its third quarter 2024 financial results on Tuesday, October 29, 2024 at 4:05 p.m. ET and will host a conference call at 5:00 p.m. ET that day. Investors and analysts may participate via phone by calling 800-225-9448 from the United States and 203-518- 9708 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be ...

Oreo cookies maker Mondelēz has taken a minority stake in healthy doughnuts startup Urban Legend ... [+] through its corporate ventures unit SnackFutures.Urban LegendIn a move that highlights the growing shift toward healthier bakery options in the UK, Oreo cookies maker Mondelēz International has made a first minority investment in local startup, Urban Legend, through its venture unit SnackFutures. Financial details were not disclosed.Founded in 2021 by Anthony Fletcher, former CEO of Graze snacks (acquire ...

Core Insights - Mondelez International, Inc. (MDLZ) is trading at a forward 12-month P/E ratio of 20.26, which is higher than the industry average of 16.41 and the Zacks Consumer Staples sector's 18.12, indicating high growth expectations but raising concerns about the company's ability to justify this premium [1] - The company's Value Score of C adds to the caution surrounding its inflated valuation, despite its strong brand and long-term growth prospects [1] Current Challenges - Mondelez is facing challenges from rising input costs, inflation, and consumer uncertainty, particularly in North America where consumers are adjusting their snack choices based on budget and convenience [3] - Cost inflation, especially in the chocolate segment due to rising cocoa prices, has been a persistent issue, impacting the adjusted gross margin in Q2 2024 despite some mitigation through price increases and lower manufacturing costs [3][4] Growth Initiatives - Mondelez's growth is driven by its focus on core categories like chocolate, biscuits, and baked snacks, which have shown resilience during economic downturns, with Q2 2024 sales in these categories demonstrating strong consumer loyalty [5] - The company aims to generate around 90% of its revenues from these key areas by 2030, with Q2 sales of Biscuits and Baked Snacks increasing by 0.8% and the chocolate segment rising by 5.6% [5] Strategic Acquisitions - Mondelez is reshaping its portfolio through strategic acquisitions, including a majority stake in Evirth, a leading cake and pastries manufacturer in China, to expand its footprint in this segment [6] - Other notable acquisitions include Ricolino, Clif Bar, and Chipita S.A., with a recent partnership with Lotus Bakeries to co-develop new chocolate products and expand into India [7] Future Expectations - Mondelez is positioned for sustained success by focusing on core categories, enhancing brand appeal, and optimizing operational efficiency, with shares having rallied 9% in the past three months [8] - For 2024, the company expects organic net revenue growth at the higher end of its 3-5% range, with high-single-digit adjusted EPS growth anticipated on a constant-currency basis [8] Investor Strategy - Mondelez presents a mixed investment picture, with strengths in core categories and strategic acquisitions balanced against challenges like elevated input costs and premium valuation [9] - The company currently holds a Zacks Rank 3 (Hold), indicating a cautious approach for potential investors [9]

Urban Legend's air frying technology reduces fat, sugar and calories by 30% to 75% vs. traditionally made doughnuts Supports Mondelēz strategic intent to expand in cakes and pastries CHICAGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced that its corporate venture capital arm, SnackFutures Ventures, has taken a minority stake in Urban Legend, a fast-growing, "better-for-you" fresh doughnut and pastry business in the United Kingdom. Founded in 2021 by scientist ...

Core Insights - Mondelez International, Inc. (MDLZ) is experiencing strong upward momentum, trading above its 200-day and 50-day simple moving averages, indicating price stability and a long-term bullish trend [1] - The company has seen a 9.9% increase in shares over the past three months, outperforming the industry and broader market indices [1] Performance Drivers - Mondelez's growth is driven by a focus on core categories such as chocolate, biscuits, and baked snacks, which have shown resilience during economic downturns [3] - In Q2 2024, the biscuits and baked snacks category grew by 0.8%, while the chocolate category saw a sales increase of 5.6% [4] - The company aims to generate around 90% of its revenues from these core categories by 2030 [3] Strategic Initiatives - Mondelez is reshaping its portfolio through acquisitions, including Ricolino, Clif Bar, and Chipita S.A., and has formed a strategic partnership with Lotus Bakeries to co-develop new chocolate products [5] - The company plans to launch co-branded products with Lotus Bakeries in Europe in early 2025, aligning with its long-term growth strategies [5] Financial Performance - Mondelez reported a 4.7% increase in organic net revenues in Q2 2024, driven by favorable pricing [6] - The company expects organic net revenue growth in the upper range of 3-5% for 2024, reflecting completed price negotiations in Europe and improvements in North America [7] Challenges - Mondelez faces challenges from rising input costs, inflation, and consumer uncertainty, particularly in North America [8] - The company is dealing with cost inflation in the chocolate segment due to surging cocoa prices, which has impacted its adjusted gross margin [9] - Despite mitigating some pressures through price increases, the company anticipates that elevated cocoa prices will remain a significant headwind in the second half of 2024 [9] Investment Outlook - Mondelez is well-positioned for growth with strategic pricing initiatives and a focus on resilient core categories [10] - However, persistent challenges such as rising cocoa prices and inflationary pressures could limit upside potential in the near term [10]