Mondelez Q3 revenue rises 1.9%, GAAP diluted EPS falls 12.5% to $0.63
Mondelez reported third-quarter 2024 net revenues of $9.2 billion, up 1.9%, and diluted EPS of $0.63, down 12.5%, while adjusted EPS rose 28.6% on a constant currency basis to $0.99. The company reaffirmed its 2024 outlook and said it agreed to acquire a majority stake in Evirth, a Chinese cakes and pastries maker, though the filing does not state the deal terms.
Key points
- Net revenues rose 1.9% to $9.2 billion; organic net revenue grew 5.4%.
- Diluted EPS fell 12.5% to $0.63; adjusted EPS rose 28.6% on a constant currency basis to $0.99.
- Operating income fell 16.4% to $1,153 million, with operating income margin at 12.5%.
- 2024 outlook reaffirmed, including Free Cash Flow of $3.5 billion or more.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.