Mondelez Q1 Revenue Rises 8.2% to $10.08 Billion, Beating Estimates

Earnings
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Summary · why it matters

Mondelez reported first-quarter revenues of $10.08 billion, an 8.2% increase year on year, exceeding analysts' expectations by 3%. The packaged snacks giant, known for brands like Oreo and Cadbury, also posted a solid beat on EBITDA and organic revenue estimates. Among the 17 shelf-stable food stocks tracked, overall revenues were in line with consensus, but next-quarter guidance came in 1.8% below expectations. Hershey was the best performer in the group with revenue up 10.6% to $3.10 billion, while BellRing Brands was the weakest, missing estimates with a 1.8% revenue increase to $598.7 million and issuing disappointing full-year EBITDA guidance. Mondelez shares have risen 5.9% since the report.

Impact on stocks 5

Consumer Staples± Mixed · 5 stocks
Bellring Brands LLC
BRBR
▼ NegativeCapitalrelevance

BellRing Brands missed estimates with a 1.8% revenue increase and issued disappointing full-year EBITDA guidance.

Hershey Co
HSY
▲ PositiveDemandrelevance

Hershey was the best performer in the group with revenue up 10.6% to $3.10B.