CHICAGO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) will release its third quarter 2025 financial results on Tuesday, October 28, 2025 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 p ...

Core Insights - Mondelez International is a global leader in the snack food industry with a strong brand portfolio including Oreo, Cadbury, and Toblerone, operating in over 150 countries [1][6] - Berenberg Bank has set a price target of $70 for Mondelez, indicating a potential price increase of approximately 10.81% from its current trading price of $63.17, reflecting confidence in the company's market position [2][6] - The company has a dividend yield of 3.2%, which is attractive to income-focused investors, and is experiencing robust top-line growth, particularly in emerging markets and the chocolate segment [3][6] Financial Performance - Mondelez anticipates a 5% sales growth for the year, driven by resilient demand and market share gains, with potential normalization of cocoa prices supporting this growth [4] - The current stock price is $63.17, reflecting a 1.12% increase, with a market capitalization of approximately $81.74 billion [4] - Over the past year, Mondelez's stock has shown volatility, reaching a high of $72.70 and a low of $53.95, with a trading volume of 6,258,629 shares on the day [5]

Core Insights - The J. M. Smucker Company (SJM) experienced uneven results in fiscal 2026, with the Pet Foods segment significantly impacting overall performance [1] - The Pet Foods segment faced challenges, including a decline in sales and profit, primarily due to issues in the dog snacks category and the loss of a contract manufacturing agreement [2][3] - Other segments, such as Away From Home and coffee, showed growth, indicating potential for expansion despite the struggles in Pet Foods [4] Financial Performance - Pet Foods segment sales decreased by 8% to $368 million, with profit down 12% to $101.3 million [2][7] - The adverse impact on net sales was attributed to an 8-percentage point decline in volume/mix, while net price realization remained neutral [2] - Margins contracted by 130 basis points to 27.5% in the Pet Foods segment [2] Market Position and Competitors - J.M. Smucker competes with General Mills (GIS), The Kraft Heinz Company (KHC), and Mondelez International (MDLZ) [5] - The company anticipates fiscal 2026 net sales growth in the range of 3-5%, with comparable net sales expected to rise approximately 4.5-6.5% [5] - Competitors' projections for organic net sales growth vary, with General Mills expecting a range from a 1% decline to a 1% increase, Kraft Heinz projecting a decline between 1.5% and 3.5%, and Mondelez International forecasting around 5% growth [5]

Group 1 - Mondelez International, Inc. reported Q2 2025 results with an Adjusted EPS of $0.73, exceeding the consensus estimate of $0.68, and quarterly revenue of $8.98 billion, surpassing analyst expectations of $8.82 billion [2] - The company experienced a year-over-year net revenue increase of 7.7%, although there was a decline of 1.5% in volume/mix, indicating that favorable pricing significantly contributed to revenue growth [2] - Mondelez announced a 6% increase in its dividend and introduced new products in collaboration with Reese's, including the REESE'S OREO Cup, which is expected to perform well based on online excitement [3] Group 2 - The company has a dividend yield of 3.19%, providing stable income for shareholders and enhancing its appeal to potential investors [4] - Mondelez International is a global snacking company formed in 2012 from the spin-off of Kraft Foods' global snack and confectionery business, owning several billion-dollar brands such as Oreo, Ritz, Cadbury Dairy Milk, and Toblerone [4]

Financial Data and Key Metrics Changes - The company reaffirmed its full year 2025 organic sales growth guidance of about 5% despite headwinds from U.S. retailer restocking and hot weather in Europe impacting chocolate demand [9][10] - Organic sales in North America declined about 3.5% year over year in the first half, with underlying trends softer than anticipated [13][19] - The company expects a reasonable P&L for 2025 with top-line growth of 4% to 5% and a 10% EPS decline, indicating a challenging year ahead [6][7] Business Line Data and Key Metrics Changes - The company noted that chocolate consumption in Europe was impacted by hot weather, particularly in the U.K. and Germany, leading to a decline in volumes [10][11] - In North America, the company is focusing on optimizing shopping trips and maximizing brand presence, particularly for Oreo, which has seen increased penetration but decreased purchase frequency [17][19] - The company is implementing price pack architecture in Europe to protect specific price points and stimulate consumption through promotional activities [12][27] Market Data and Key Metrics Changes - In emerging markets, the company sees significant growth potential, particularly in India and China, despite current consumer caution [36][40] - Brazil is performing well with good single-digit growth, while Mexico is experiencing a slowdown in consumer offtake [40][41] - Cocoa supply is expected to increase, leading to a potential surplus and a decrease in cocoa prices, which could positively impact margins [32][33] Company Strategy and Development Direction - The long-term strategy established in 2018 remains valid, focusing on building presence in key categories and supporting brand growth [5][6] - The company is exploring collaborations with other brands to drive innovation and market presence, viewing these partnerships as win-win opportunities [20][25] - The cakes and pastries category is identified as a significant growth opportunity, with expectations of reaching $125 billion by 2030 [52][54] Management's Comments on Operating Environment and Future Outlook - Management expressed that consumer spending behavior has not changed significantly over the past two and a half years, with consumers remaining cautious and prioritizing basic necessities [14][15] - The company anticipates continued challenges in North America over the next 6 to 12 months, with a focus on adapting to consumer behavior [19][40] - Management is optimistic about the upcoming Christmas season, expecting stronger engagement and better elasticities as consumers adjust to new price levels [12][29] Other Important Information - The company is closely monitoring cocoa supply dynamics and exploring alternative sourcing to mitigate cocoa price risks [30][34] - The capital allocation strategy remains disciplined, with a focus on smaller M&A opportunities and a pragmatic approach to share buybacks [47][50] Q&A Session Summary Question: What is the outlook for North America in the next 6 to 12 months? - Management indicated that consumers are cautious and spending has not increased, leading to a challenging environment for the foreseeable future [16][19] Question: How does the company view collaborations with other brands? - Collaborations are seen as opportunities for innovation and market expansion, with potential benefits for both parties involved [20][25] Question: What is the company's strategy regarding cocoa supply and pricing? - The company is optimistic about an increase in cocoa supply leading to lower prices, which would positively impact margins [32][33] Question: What are the growth expectations in emerging markets? - Emerging markets are expected to contribute significantly to growth, with a focus on building strong brands and distribution networks [36][39]

Financial Data and Key Metrics Changes - The company reaffirmed its full year 2025 organic sales growth guidance of about 5% despite facing headwinds from U.S. retailer restocking and adverse weather conditions in Europe [9][10] - For 2025, the company anticipates a reasonable top-line growth of 4% to 5% but expects a 10% decline in EPS, indicating a challenging profit environment [6][7] Business Line Data and Key Metrics Changes - Organic sales in North America declined approximately 3.5% year over year in the first half, attributed to retailer restocking and softer underlying trends [14][20] - The company is focusing on optimizing shopping trips and maximizing brand presence, particularly for products like Oreo, which has seen increased penetration but decreased purchase frequency [18][20] Market Data and Key Metrics Changes - In Europe, the company experienced a decline in chocolate volumes due to higher temperatures impacting consumption, particularly in key markets like the U.K. and Germany [12][27] - Elasticities in Europe have increased to around 0.6 to 0.7, higher than the anticipated 0.4, indicating a shift in consumer response to pricing [28][29] Company Strategy and Development Direction - The long-term strategy established in 2018 remains valid, focusing on building presence in key categories and supporting brand growth [5][6] - The company is exploring collaborations with other brands, such as Coca-Cola and Biscoff, to enhance product offerings and market presence without engaging in M&A [21][26] Management's Comments on Operating Environment and Future Outlook - Management noted that consumer spending behavior has not changed significantly over the past two and a half years, with consumers remaining cautious and prioritizing basic necessities [15][16] - The outlook for North America is expected to remain challenging for the next 6 to 12 months, with a focus on adapting to consumer behavior and optimizing product offerings [20][40] Other Important Information - The company is optimistic about cocoa prices decreasing in the future due to increased supply from West Africa and other regions, which could improve margins [30][31][34] - The cakes and pastries category is seen as a significant growth opportunity, with expectations of reaching a $125 billion market by 2030 [52][54] Q&A Session Summary Question: What is the outlook for North America in the next 6 to 12 months? - Management expects continued challenges in North America, with consumers remaining cautious and spending patterns not changing significantly [20] Question: How does the company view its collaborations with other brands? - Collaborations are seen as win-win opportunities that enhance product offerings without the complexities of M&A [21][26] Question: What is the current view on cocoa fundamentals? - Cocoa supply is expected to increase, leading to a potential decrease in cocoa prices, which would benefit the company's margins [30][31][34] Question: What are the growth expectations in emerging markets? - Emerging markets are crucial for long-term growth, with a focus on building strong brands and expanding distribution [36][39]

Financial Data and Key Metrics Changes - The company reaffirmed its full year 2025 organic sales growth guidance of about 5% despite facing headwinds from U.S. retailer restocking and adverse weather conditions in Europe affecting chocolate demand [9][10] - For 2025, the company anticipates a reasonable top-line growth of 4% to 5% but expects a 10% decline in EPS, which is considered acceptable given the current cocoa circumstances [6][7] Business Line Data and Key Metrics Changes - Organic sales in North America declined approximately 3.5% year over year in the first half, attributed to retailer restocking and softer underlying trends [14][20] - The company is focusing on optimizing shopping trips and maximizing brand presence, particularly for Oreo, which has seen increased penetration but decreased purchase frequency [18][20] Market Data and Key Metrics Changes - In Europe, the company experienced higher elasticities than anticipated, with current levels around 0.6 to 0.7, compared to the expected 0.4 [28][29] - The cocoa supply situation is improving, with a 7% increase in cocoa pot counts in West Africa compared to the last five-year norm, suggesting potential price reductions in the future [31][32] Company Strategy and Development Direction - The long-term strategy established in 2018 remains valid, focusing on building presence in key categories and supporting brand growth [5][6] - The company is exploring collaborations with other brands, such as Coca-Cola and Biscoff, to enhance product offerings and market presence [21][26] Management's Comments on Operating Environment and Future Outlook - Management noted that consumer spending has remained stagnant over the past 24 to 30 months, leading to cautious shopping behavior [15][16] - The outlook for North America is expected to remain challenging for the next 6 to 12 months, with consumers becoming increasingly careful in their spending [20] Other Important Information - The cakes and pastries category is projected to grow from $95 billion to approximately $125 billion by 2030, with the company aiming to enhance its position in this fragmented market [52][54] - The company is maintaining a disciplined approach to M&A, focusing on smaller assets that align with its strategic goals [48][50] Q&A Session Summary Question: What is the outlook for North America in the next 6 to 12 months? - Management expects continued challenges in North America, with consumers remaining cautious and spending levels stagnant [20] Question: How does the company view current cocoa levels and supply dynamics? - The company believes current cocoa prices are unsustainable and anticipates a surplus in the market, leading to potential price reductions [30][32] Question: What is the strategy regarding M&A and share buybacks? - The company remains disciplined in M&A, focusing on smaller strategic assets, while being pragmatic about share buybacks given current stock prices [46][50]

Core Insights - PepsiCo, Inc. (PEP) is experiencing strong momentum in its PepsiCo Beverages North America (PBNA) division, which has achieved high-single-digit growth in away-from-home channels and gained market share in no-sugar colas and Gatorade sports drinks [2][9] - The Frito-Lay North America (FLNA) division is facing challenges in stabilizing volumes across its core snack portfolio, particularly with the Lay's brand, while making progress in subcategories like Cheetos and Doritos [3][4][9] - The overall performance of PepsiCo in Q3 2025 will depend on whether the strong growth in PBNA can offset the ongoing headwinds faced by FLNA [4] PepsiCo Beverages North America (PBNA) - PBNA has delivered high-single-digit growth in away-from-home channels and gained market share in no-sugar colas and Gatorade [2][9] - The division's focus on innovation, affordability, and functional hydration products is driving consumer demand [2][9] - Management believes that PBNA will remain a key growth driver in the latter half of 2025 [2] Frito-Lay North America (FLNA) - FLNA is struggling with volume stabilization, particularly in the potato chip segment and Lay's brand, while making progress in other snack categories [3][4][9] - The division is addressing challenges through relaunches that emphasize natural ingredients and "real food" positioning [3] - Management is rightsizing its manufacturing footprint and pursuing productivity savings, but excess capacity and workforce adjustments may impact near-term performance [3] Competitive Landscape - Compared to Coca-Cola (KO), which is heavily beverage-focused and has a more straightforward growth trajectory, PepsiCo faces challenges in its snacking business [5][6] - Mondelez International (MDLZ) benefits from strong pricing power in its snacking category, unlike PepsiCo's FLNA, which is currently under pressure [7] Stock Performance and Valuation - PepsiCo shares have gained 12.8% in the past three months, contrasting with a 0.5% decline in the industry [8] - The company trades at a forward price-to-earnings ratio of 17.89X, slightly below the industry average of 18.24X [10] - The Zacks Consensus Estimate for PepsiCo's 2025 earnings implies a year-over-year decline of 1.8%, while the 2026 estimate suggests a growth of 5.2% [11]

Core Insights - PepsiCo's Frito-Lay snacks unit is a key growth driver, focusing on stabilizing the snacking category and engaging consumers through value, affordability, and innovation [1][3] - The company is refreshing major snack brands like Lay's and Tostitos, emphasizing natural ingredients and eliminating artificial components to enhance consumer trust [2] - Frito-Lay is expanding into the away-from-home channel, which offers higher margins and additional consumption opportunities, positioning it for long-term growth [3] Competitive Landscape - PepsiCo faces strong competition from Mondelez International and Campbell's Company in the global snacking market [4] - Mondelez has a significant presence in biscuits, cookies, and confectionery, expanding into healthier snacks through acquisitions to meet consumer demand [5] - Campbell's, with its Snyder's-Lance portfolio, competes in salty snacks, focusing on flavor innovation and better-for-you options to adapt to changing consumer preferences [6] Financial Performance - PepsiCo's shares have decreased by approximately 1.1% year-to-date, while the industry has grown by 6.4% [7] - The company reported Q2 EPS of $2.12 on revenues of $22.73 billion, driven by pricing strategies despite weaker volume trends [8] - PepsiCo's forward price-to-earnings ratio is 18.18X, slightly above the industry average of 18.05X [9] Earnings Estimates - The Zacks Consensus Estimate for PepsiCo's 2025 earnings indicates a year-over-year decline of 1.8%, while the 2026 estimate suggests a growth of 5.2% [10]

Group 1 - Mondelēz International, Inc. will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 3, 2025, at 8:15 am ET [1] - The presentation will be available via a live audio webcast on the company's investor website, with an archive also accessible later [1] Group 2 - Mondelēz International reported net revenues of approximately $36.4 billion for the year 2024 [2] - The company operates in over 150 countries and offers a range of iconic brands including Oreo, Ritz, and Cadbury [2] - Mondelēz is recognized as a member of the Dow Jones Best-in-Class North America and World Indices [2]