MDLZ SEC Filings

Mondelēz International, Inc. (MDLZ) has filed an 8-K report detailing the execution of a new 364-day senior unsecured revolving credit agreement, effective February 18, 2026. This new facility, with an aggregate principal amount of $1.5 billion, replaces a similar agreement that expired on February 19, 2025. The credit facility has a termination date of February 17, 2027, but allows for the extension of outstanding loans to February 17, 2028, under specific conditions. The company also has the option to increase the facility by up to an additional $500 million with lender agreement. This refinancing demonstrates Mondelez's proactive approach to managing its liquidity and financing needs. The agreement is intended for general corporate purposes, including working capital and supporting its commercial paper program. The terms include a minimum shareholders' equity requirement of $25.0 billion, with certain adjustments for accounting impacts. This facility provides significant financial flexibility, ensuring the company has access to substantial capital for its ongoing operations and strategic initiatives.

Mondelez International, Inc. reported net revenues of $38.5 billion for the fiscal year ended December 30, 2025, representing a 5.8% increase compared to the previous year. This growth was primarily driven by higher net pricing and the acquisition of Evirth, partially offset by unfavorable volume/mix and the lapping of a prior-year distributor agreement. Despite revenue growth, reported operating income and net earnings saw significant declines due to substantial mark-to-market losses on derivatives and increased operating costs, particularly for raw materials like cocoa. Adjusted EPS decreased by 12.8% (14.6% on a constant currency basis), reflecting these cost pressures and a less favorable operational performance year-over-year. The company continues to focus on its four strategic priorities: accelerating consumer-centric growth, driving operational excellence, building a winning growth culture, and scaling sustainable snacking. While the company navigates a challenging macroeconomic environment characterized by inflation and supply chain disruptions, it is also investing in its digital transformation and innovation capabilities. The company maintained its commitment to returning capital to shareholders through dividends and share repurchases, with $6.7 billion remaining under its current share repurchase authorization.

Mondelēz International, Inc. (MDLZ) has filed an 8-K report on February 3, 2026, primarily to furnish its fourth quarter and full-year 2025 earnings press release, dated February 3, 2026. This filing serves as an announcement of the company's financial and operational results for the period ended December 31, 2025. Investors should refer to the furnished press release (Exhibit 99.1) for detailed financial figures, performance metrics, and management's commentary on the company's results and outlook. It is important to note that the information provided in the press release, including Exhibit 99.1, is being furnished and not "filed" with the SEC under Section 18 of the Exchange Act. This means it will not be subject to the liabilities of that section, nor will it be automatically incorporated by reference into future SEC filings unless explicitly stated. Investors should treat this information as a supplemental disclosure to their regular review of MDLZ's financial performance.

This 8-K filing from Mondelez International, Inc. (MDLZ) announces a significant leadership change: Luca Zaramella has been appointed Chief Operating Officer, effective February 1, 2026, in addition to his existing role as Executive Vice President and Chief Financial Officer. This move consolidates key operational and financial oversight under a single executive, potentially signaling a focus on streamlined management and execution of the company's strategic objectives. Investors should note that Mr. Zaramella's compensation has been adjusted to reflect his expanded responsibilities, including a base salary of $1,250,000, a target annual incentive of 150% of base salary, and a target long-term incentive opportunity of $7,225,000. The company also approved limited personal use of its aircraft for Mr. Zaramella. The filing explicitly states there are no arrangements or understandings influencing this appointment, no family relationships with other directors or officers, and no reportable related party transactions, suggesting a standard executive transition without immediate governance concerns.

Mondelez International, Inc. (MDLZ) reported its financial results for the third quarter and the first nine months of 2025. For the third quarter, net revenues increased by 5.9% year-over-year to $9.7 billion, driven by higher net pricing and favorable currency impacts, partially offset by lower volume/mix. However, operating income saw a significant decrease of 35.5% to $744 million, and net earnings attributable to Mondelēz International fell 12.9% to $743 million. Diluted Earnings Per Share (EPS) decreased by 9.5% to $0.57. The nine-month period showed a similar trend with net revenues up 4.5% to $28.0 billion, but operating income declined sharply by 45.2% to $2.6 billion, and net earnings attributable to Mondelēz International dropped 37.7% to $1.8 billion. Diluted EPS for the nine months decreased by 35.4% to $1.37. The company cited higher input costs and unfavorable volume/mix as key detractors from profitability, despite strategic pricing initiatives. Despite the profit decline, the company continues to invest in growth, including the acquisition of Evirth in China, and maintain a strong liquidity position with a significant share repurchase program in place. Investors should monitor the impact of ongoing macroeconomic uncertainties and elevated commodity costs, particularly cocoa, on future profitability.

Mondelēz International, Inc. (MDLZ) has filed a Form 8-K on October 28, 2025, primarily to furnish its third-quarter earnings press release dated October 28, 2025. This filing serves as an announcement of the company's financial results for the period ended September 30, 2025. Investors should note that the information within this press release, including the financial data, is furnished and not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, meaning it does not carry the same regulatory implications as a formally filed document regarding liability. However, it provides the key operational and financial performance metrics for the quarter, which are crucial for understanding the company's recent business activity and strategic execution. While the 8-K itself is brief, its core value lies in the accompanying press release (Exhibit 99.1), which is expected to detail the company's revenue, profitability, earnings per share, and any forward-looking guidance. Investors and analysts will be examining this information for trends in organic growth, the impact of macroeconomic factors on consumer demand and input costs, and the effectiveness of the company's brand strategies. Any commentary on strategic initiatives, acquisitions, or divestitures within the press release will also be of significant interest.

Mondelēz International, Inc. (MDLZ) has filed a Current Report on Form 8-K on July 28, 2025, to announce its financial results for the second quarter ended June 30, 2025. The filing primarily serves to furnish a press release detailing these results, which was issued on July 29, 2025. Investors should refer to this press release, attached as Exhibit 99.1, for specific details on the company's operational performance and financial condition during the period. While the 8-K itself is procedural in nature, the furnished press release is the critical document for understanding MDLZ's Q2 2025 performance. Investors are advised to review the earnings release for key metrics such as revenue, profitability, earnings per share, and any forward-looking guidance provided by the company. It is important to note that the information furnished in this 8-K, including the press release, is not considered "filed" for certain SEC purposes, meaning it does not carry the same legal implications as formally filed financial statements under Section 18 of the Exchange Act, unless specifically incorporated by reference into future filings.

Mondelez International, Inc. (MDLZ) reported solid revenue growth for the second quarter and the first six months of 2025, driven by price increases and a strategic acquisition. Net revenues increased by 7.7% to $9.0 billion in the second quarter and 3.8% to $18.3 billion for the first six months. Organic Net Revenue, a non-GAAP measure excluding acquisitions, divestitures, and currency impacts, also showed healthy growth of 5.6% for the quarter and 4.3% year-to-date. This growth was primarily fueled by higher net pricing across most regions, partially offset by unfavorable volume/mix and increased input costs, particularly for cocoa. Despite revenue growth, the company experienced a significant decline in net earnings and diluted EPS for the six-month period, largely due to a substantial increase in mark-to-market losses on derivatives, higher input costs, and ERP system implementation costs. The second quarter showed a better trend with increased net earnings and diluted EPS year-over-year, benefiting from a favorable year-over-year change in derivative impacts and acquisition-related items. Investors should note the ongoing challenges from elevated commodity costs, especially cocoa, and the significant investments in the new ERP system, which are expected to impact profitability in the short term, even as the company focuses on long-term value creation.

Mondelēz International, Inc. (MDLZ) has filed an 8-K report detailing the approval of a new "Mondelēz International, Inc. Severance Plan for Key Executives" and the results of its annual shareholder meeting. The new severance plan, effective May 20, 2025, outlines benefits for eligible officers and designated employees upon termination without Cause or resignation for Good Reason. Benefits include cash severance, pro-rated bonuses, health benefit stipends, outplacement services, financial and car allowances, and equity award acceleration. This plan aims to provide a consistent framework for executive departures, with specific provisions for the CEO and non-U.S. participants. The annual shareholder meeting, held on May 21, 2025, saw strong shareholder support for the election of all 10 directors, the approval of named executive officer compensation on an advisory basis, and the ratification of PricewaterhouseCoopers LLP as the independent auditor. Shareholders also approved the Global Employee Stock Purchase Matching Plan. Conversely, several shareholder proposals, including those related to supplier code of conduct due diligence, flexible plastic packaging, climate lobbying, human rights policy implementation, and recycled content claims, did not receive majority approval.

Mondelez International, Inc. (MDLZ) has filed a Current Report on Form 8-K detailing a significant debt financing event. On May 1, 2025, the company announced and priced an offering of $1.6 billion in senior notes across three tranches: 2028 Notes, 2030 Notes, and 2035 Notes. This offering was executed through a Terms Agreement with several underwriters, including major financial institutions like BNP Paribas Securities Corp. and Citigroup Global Markets Inc. The issuance of these notes, finalized on May 6, 2025, was completed under existing indenture agreements, supplemented by an officers' certificate. Investors should note that the prospectus and prospectus supplement related to this offering have been filed as part of the company's existing registration statement on Form S-3. This action indicates a strategic move by Mondelez to manage its capital structure, potentially for general corporate purposes, future investments, or refinancing existing debt. The filing provides the legal documentation and agreements underpinning this substantial debt issuance.

Mondelez International, Inc. (MDLZ) reported its first-quarter 2025 results, with net revenues slightly increasing by 0.2% to $9.3 billion, while Organic Net Revenue (a non-GAAP measure) grew by a more robust 3.1% to $9.6 billion. This growth was primarily driven by higher net pricing, particularly in emerging markets, and the incremental revenue from the Evirth acquisition. However, the company experienced a significant 75.1% decline in operating income to $680 million and a 70.2% drop in diluted EPS to $0.31, largely due to unfavorable year-over-year changes in mark-to-market impacts from derivatives, increased input costs (especially cocoa), and the initiation of a new ERP System Implementation program. Despite the substantial decrease in reported earnings, Adjusted EPS (a non-GAAP measure) saw a less severe decline of 20.4% to $0.74, reflecting ongoing operational challenges and macroeconomic headwinds. The company continues to navigate volatile market conditions, including inflationary pressures and supply chain disruptions, with particular concern around elevated cocoa costs. Management remains focused on strategic priorities, including driving consumer-centric growth and operational excellence, while actively managing costs and supply chain resilience.

Mondelēz International, Inc. (MDLZ) filed an 8-K on April 29, 2025, to report its financial results for the first quarter ended March 31, 2025. The primary purpose of this filing is to furnish a press release announcing the company's performance. Investors should refer to the attached press release (Exhibit 99.1) for detailed financial figures and management's commentary on the quarter's results, including any discussion of revenue, earnings per share, and segment performance. While this 8-K itself does not contain the full financial statements, it serves as the official notification and gateway to the Q1 2025 earnings announcement. The information furnished is not considered 'filed' for certain regulatory purposes, meaning it doesn't automatically trigger liability under Section 18 of the Exchange Act, nor is it automatically incorporated into future filings unless specifically referenced. Investors are encouraged to review the furnished press release for crucial insights into MDLZ's operational and financial condition during the first quarter.

Mondelez International, Inc. (MDLZ) has filed an 8-K report detailing the refinancing of its revolving credit facilities. The company has entered into a new $1.5 billion 364-day revolving credit agreement and a new $4.5 billion five-year revolving credit agreement. These new facilities replace previously existing credit agreements of the same terms and sizes. The primary purpose for these credit lines is for general corporate purposes, including working capital and supporting the company's commercial paper program. This refinancing demonstrates an active approach to managing its liquidity and financing structure. The agreements include provisions for potential increases in credit availability, extension options for the five-year facility, and variable interest rates tied to SOFR or base rates plus an applicable margin based on senior unsecured debt ratings. A key covenant across both agreements is the maintenance of a minimum shareholders' equity of $25.0 billion, with specific exclusions for certain accounting adjustments. This move indicates a proactive strategy to ensure robust financial flexibility for the company's ongoing operations and strategic initiatives.

Mondelēz International, Inc. (MDLZ) has filed a Current Report (8-K) on February 18, 2025, primarily to disclose information presented by its executives at the 2025 Consumer Analyst Group of New York conference. The filing includes a press release (Exhibit 99.1) detailing these presentations, which investors can access through a listen-only webcast and a subsequent replay with accompanying slides on the company's investor relations website. While this 8-K does not contain new financial statements or material business updates beyond what was discussed at the conference, it serves as a formal avenue to distribute information shared with analysts. Investors are encouraged to review the furnished press release and webcast materials for insights into the company's strategic discussions, outlook, and performance commentary presented to the financial community. It is important to note that this information is furnished, not filed, and thus not subject to certain liabilities under the Securities Exchange Act of 1934.

Mondelez International reported net revenues of $36.4 billion for fiscal year 2024, marking a modest 1.2% increase over the previous year. The company's strategic focus on "accelerating consumer-centric growth, driving operational excellence, creating a winning growth culture, and scaling sustainable snacking" continues to guide its performance. While overall net revenue saw a slight increase, driven by higher net pricing and recent acquisitions like Evirth, this was partially offset by unfavorable currency impacts and a decline in volume/mix, reflecting some consumer demand softness and customer price negotiation disruptions in Europe. Despite challenges such as increased input costs, particularly for cocoa, Mondelez demonstrated resilience with a 9.1% increase in Adjusted EPS to $3.36, signaling effective cost management and pricing strategies. The company is actively managing macroeconomic uncertainties, including inflation and geopolitical risks, and continues to invest in its brand portfolio and operational efficiencies. The strategic acquisitions and ongoing portfolio optimization are key components of its long-term value creation strategy.

Mondelēz International, Inc. (MDLZ) has filed a Form 8-K on February 4, 2025, to report its financial results for the fourth quarter and full year ended December 31, 2024. The primary purpose of this filing is to furnish the accompanying press release, which contains the detailed earnings announcement. Investors should refer to this press release (Exhibit 99.1) for comprehensive information regarding the company's financial performance, operational highlights, and forward-looking guidance for the upcoming fiscal year. While this 8-K itself is largely procedural, it signals the official release of MDLZ's latest financial data. The furnished press release is expected to provide key metrics such as revenue, earnings per share (EPS), profit margins, and potentially updates on strategic initiatives or segment performance. Investors are encouraged to review the press release carefully for an in-depth understanding of the company's financial condition and outlook.

Mondelēz International, Inc. has announced a key executive transition within its finance department. Brian Stevens has been appointed as the new Senior Vice President, Corporate Controller & Chief Accounting Officer, effective February 10, 2025. This appointment brings a seasoned finance executive with extensive experience from multinational healthcare and technology companies, as well as a background as a partner at KPMG. Mr. Stevens's prior roles include Chief Accounting Officer and interim Chief Financial Officer at Baxter International. The transition also involves Michael Call, the current principal accounting officer, who will continue in his role until Mr. Stevens's effective date. Following this, Mr. Call will transition to a new position as Senior Vice President, Finance for the North America region. This strategic shift in leadership is expected to leverage Mr. Stevens's expertise in financial reporting and controls as the company continues to execute its global strategy.

Mondelēz International, Inc. has filed an 8-K to disclose the retrospective impact of its sale of remaining shares in JDE Peet’s (JDEP) to JAB Holdings Company, which was completed in November 2024. The company is providing recast historical non-GAAP financial results, specifically for Adjusted EPS, to reflect the divestiture of its JDEP investment. This change excludes the equity method investment net earnings from JDEP in historical non-GAAP figures, allowing for a clearer comparison of underlying operational performance and trends. This retrospective adjustment is intended to provide investors with enhanced transparency and comparability of the company's financial performance, as it better aligns historical non-GAAP reporting with the current absence of the JDEP investment. While U.S. GAAP results remain unchanged, the updated non-GAAP presentation will facilitate a more focused analysis of Mondelēz's core business operations moving forward. Investors should note that this supplemental disclosure does not amend prior SEC filings.

Mondelez International, Inc. (MDLZ) has announced a significant leadership change within its European operations. Vince Gruber, Executive Vice President and President of Europe, will retire effective April 1, 2025, after a period of transition. This marks the end of Mr. Gruber's tenure leading a key strategic region for the company. To ensure a smooth handover, Volker Kuhn has been appointed as Mr. Gruber's successor, also effective April 1, 2025. Mr. Kuhn will commence his role with the company on January 6, 2025, providing a nearly three-month overlap to facilitate knowledge transfer and integration. Investors should monitor how this leadership transition impacts the strategic direction and performance of the crucial European market.

Mondelēz International, Inc. (MDLZ) filed an 8-K on October 29, 2024, to announce its third-quarter 2024 earnings results, which were detailed in a press release furnished as Exhibit 99.1. While the 8-K itself is a notification of this event and does not contain the detailed financial figures, investors should refer to the press release for comprehensive information on the company's performance during the quarter ended September 30, 2024. It is important for investors to note that the information furnished in this 8-K and its accompanying press release is not considered "filed" for certain regulatory purposes under the Securities Exchange Act of 1934. This means it will not be subject to the liabilities of Section 18 and will not be automatically incorporated into future SEC filings unless specifically referenced. Investors seeking to understand MDLZ's Q3 2024 financial condition and results of operations should directly consult the press release, Exhibit 99.1, which contains the substantive earnings data.

Mondelez International, Inc. reported mixed results for the nine months ended September 30, 2024. While net revenues saw a slight increase of 0.5% to $26.8 billion, this was driven primarily by price increases rather than volume growth, with Organic Net Revenue (excluding divestitures and currency impacts) growing a more robust 4.0%. Diluted Earnings Per Share (EPS) experienced a significant decline of 27.4% to $2.12, largely due to several one-time charges including a substantial impairment charge on an equity method investment in JDE Peet's, higher intangible asset impairment charges, and the impact of lapping prior-year gains from marketable securities and equity method investments. Despite the GAAP EPS decline, the company's Adjusted EPS, which excludes these one-time items, showed strong growth, increasing 19.1% to $2.80. This highlights the underlying operational strength and effective cost management. The company is also navigating significant macroeconomic challenges, including heightened commodity costs (particularly cocoa) and currency volatility. Management is focused on driving operational excellence and maintaining a leading position in the snacking market, with strategic priorities including consumer-centric growth and scaling sustainable snacking.

Mondelez International, Inc. (MDLZ) has filed an 8-K report on August 28, 2024, announcing the issuance of $500 million in senior notes due 2034. This debt issuance is part of their ongoing financing activities and was executed under an existing indenture, with amendments and an officers' certificate providing specific terms for these new notes. The filing includes the relevant legal documentation, such as the indenture, supplemental indentures, and legal opinions, which are incorporated into their existing registration statement. For investors, this 8-K signals that Mondelez is actively managing its capital structure and likely utilizing this new debt to fund its operations, strategic initiatives, or potential acquisitions. While the filing itself does not provide financial performance details, it is crucial for understanding the company's leverage and long-term funding strategy. Investors should consider this issuance in the context of Mondelez's overall debt levels, interest coverage ratios, and the prevailing interest rate environment.

Mondelēz International, Inc. (MDLZ) has filed a Form 8-K to announce and price an offering of senior notes due in 2034. The company entered into a Terms Agreement with several underwriters, including BBVA Securities Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Wells Fargo Securities, LLC, on August 22, 2024, to facilitate this debt issuance. This offering is part of a larger shelf registration previously filed with the SEC. Investors should note that this filing is primarily an informational announcement regarding new debt. The offering is expected to close on August 28, 2024, subject to standard closing conditions. While the specific terms and amount of the notes are not detailed in this 8-K, the filing confirms the company's intention to raise capital through debt markets, which could be used for various corporate purposes such as general corporate needs, acquisitions, or refinancing existing debt.

Mondelez International, Inc. (MDLZ) reported its financial results for the quarter ended June 30, 2024. While reported net revenues saw a slight decrease of 1.9% to $8.3 billion due to unfavorable currency movements and the divestiture of its developed market gum business, the company demonstrated underlying strength with an Organic Net Revenue increase of 2.5% to $8.6 billion, driven by higher net pricing. The company faced challenges with a significant 40.1% decrease in operating income, largely due to mark-to-market losses on derivatives and the lapping of prior-year gains. However, Adjusted Operating Income saw a healthy increase of 17.6% to $1.5 billion, indicating operational resilience. Diluted Earnings Per Share (EPS) attributable to Mondelēz International declined by 34.8% to $0.45, impacted by a substantial impairment charge on its JDE Peet’s investment and other one-time items. Conversely, Adjusted EPS, which excludes these extraordinary items, rose by a robust 19.4% to $0.86, reflecting the company's ability to manage core operational profitability. Investors should note the significant impact of currency fluctuations and the ongoing strategic management of the business, including cost control initiatives and pricing strategies, in navigating the current economic landscape.

Mondelez International, Inc. (MDLZ) has filed an 8-K report on July 29, 2024, primarily furnishing its earnings press release for the second quarter ended June 30, 2024, dated July 30, 2024. This release, attached as Exhibit 99.1, details the company's financial performance for the recently concluded quarter. Investors should refer to this press release for specific operational and financial metrics, as it contains the key information regarding MDLZ's Q2 2024 results. The filing explicitly states that the information within the press release and this report will not be deemed 'filed' for the purposes of Section 18 of the Exchange Act, nor will it be incorporated by reference into any future filings unless specifically stated. This is a standard disclosure for earnings releases furnished under Item 2.02, meaning investors should treat the information as supplemental rather than formally filed with the SEC.

Mondelez International, Inc. (MDLZ) announced on July 3, 2024, the issuance of C$650 million in senior notes maturing in 2031. This debt offering is structured under existing indenture agreements and was filed with the SEC as part of their ongoing registration statement. This filing primarily serves to document the issuance of new debt, indicating the company's use of capital markets to manage its financial structure. Investors should note this is a debt financing activity, not related to operational performance or strategic acquisitions, and pertains to raising capital in Canadian dollars.

Mondelēz International, Inc. (MDLZ) has filed an 8-K report to disclose details regarding a CAD-denominated senior notes offering. On June 26, 2024, the company announced and priced an offering of senior notes due 2031, denominated in Canadian dollars. This offering was facilitated through a Terms Agreement with a group of underwriters, incorporating provisions from a prior Amended and Restated Underwriting Agreement. The company has filed a Prospectus and a Prospectus Supplement with the SEC in connection with this notes offering, which forms part of its existing Registration Statement on Form S-3. This financing activity is a key event for investors as it signals management's strategic use of debt markets to potentially fund operations, acquisitions, or other corporate initiatives. The denomination in Canadian dollars suggests a focus on managing currency exposure or accessing a specific investor base. Investors should monitor the closing of this offering, expected on July 3, 2024, and consider the implications of this new debt issuance on the company's leverage and capital structure.

Mondelez International, Inc. (MDLZ) filed an 8-K/A amendment on May 22, 2024, reporting the final voting results from its annual meeting of shareholders held on May 21, 2024. A significant portion of outstanding shares (87.12%) were represented at the meeting, indicating strong shareholder engagement. All incumbent directors were overwhelmingly re-elected for one-year terms, highlighting shareholder confidence in the current board leadership. Furthermore, shareholders approved the company's executive compensation on an advisory basis and ratified the selection of PricewaterhouseCoopers LLP as the independent auditor for 2024. The Performance Incentive Plan also received shareholder approval. Conversely, several shareholder proposals, including those related to audit committee study on company affiliations, independent board chair, and specific initiatives for eradicating child labor and assessing human rights policy effectiveness, did not receive majority support.

Mondelēz International, Inc. (MDLZ) filed an 8-K on May 22, 2024, primarily detailing actions taken at its annual shareholder meeting and updates to its executive compensation and incentive plans. Key among these is the shareholder approval of the 2024 Performance Incentive Plan (2024 PIP), which will govern future equity awards. Additionally, the company's Board of Directors approved amendments to existing plans to better align executive compensation and severance benefits with potential change-in-control scenarios. The filing also confirms the election of 11 directors and advisory approval of executive compensation. Notably, several shareholder proposals regarding board structure, supply chain child labor, and audit committee studies were not approved. For investors, the focus is on the updated incentive structures and the alignment of executive compensation with shareholder interests, particularly in the context of potential corporate transactions, although the specific details of the 2005 PIP Amendment and CIC Plan Restatement will be further elaborated in future filings.

Mondelez International, Inc. reported first-quarter 2024 results showing a 1.4% increase in net revenues to $9.3 billion, driven by higher net pricing and a short-term distributor agreement. Organic Net Revenue, a key non-GAAP metric, grew 4.2%, indicating underlying business growth. However, diluted Earnings Per Share (EPS) saw a significant decline of 31.6% to $1.04, primarily due to a substantial impairment charge on its JDE Peet's investment, along with lapping prior-year gains from marketable securities and equity method transactions. Despite the decrease in reported EPS, Adjusted EPS, which excludes one-time items and accounting adjustments, increased by 10.5% to $0.95 (16.3% on a constant currency basis), reflecting improved operational performance. The company continues to navigate macroeconomic uncertainties, including inflationary pressures and currency volatility, particularly the high cocoa costs, but maintains a positive outlook on driving long-term growth through its strategic priorities, with a continued focus on operational excellence and sustainable snacking.

Mondelez International, Inc. (MDLZ) filed a Form 8-K on April 30, 2024, primarily to furnish its earnings press release for the first quarter ended March 31, 2024. This filing does not contain new audited financial statements or material agreements, but rather directs investors to the accompanying press release (Exhibit 99.1) for detailed first-quarter results. Investors should review this press release for insights into the company's financial performance, operational updates, and forward-looking statements. The furnishing of the press release under Item 2.02 signifies that the information provided therein is not considered "filed" under Section 18 of the Exchange Act, meaning it does not carry the same legal implications for accuracy as formally filed financial statements. However, it remains a crucial source of current information for assessing the company's performance and strategic direction during the reporting period. Investors are advised to pay close attention to the commentary and figures presented in the press release.

Mondelez International, Inc. (MDLZ) has filed an 8-K report detailing the execution of a new $1.5 billion 364-day senior unsecured revolving credit agreement. This new facility, effective February 21, 2024, replaces a similar previous agreement and is set to terminate on February 19, 2025. The company has the option to extend the maturity of any outstanding loans for an additional year under certain conditions. This revolving credit facility is intended to support general corporate purposes, including working capital needs and its commercial paper program, providing continued financial flexibility. Crucially, the new agreement includes a covenant requiring Mondelez to maintain a minimum shareholders' equity of not less than $25.0 billion, with specific exclusions for certain accounting adjustments. The termination of the prior $1.5 billion 364-day revolving credit agreement is also noted as a consequence of entering into this new arrangement. Investors should view this as a routine financing update that reaffirms the company's commitment to maintaining adequate liquidity and financial stability.

Mondelēz International, Inc. (MDLZ) filed an 8-K on February 20, 2024, to disclose information presented by its executives at the 2024 Consumer Analyst Group of New York conference. The filing primarily consists of a press release furnished as an exhibit, which would contain the details of the presentation. Investors should note that this information is being furnished under Regulation FD and will not be deemed 'filed' for purposes of Section 18 of the Exchange Act, nor will it be incorporated by reference into future SEC filings unless specifically stated. This means the forward-looking statements and information shared in the presentation are subject to change and should be viewed with that understanding. While the 8-K itself does not contain the specific operational or financial details from the presentation, it directs investors to the press release (Exhibit 99.1) and the company's investor website for access to the webcast, replay, and accompanying slides. Investors seeking the latest strategic insights, market outlook, and performance commentary from Mondelēz management should review these furnished materials. The report's purpose is to ensure public dissemination of the information shared at the conference in compliance with disclosure regulations.

Mondelez International, Inc. (MDLZ) has filed an 8-K report detailing the pricing and issuance of a new series of senior notes. On February 15, 2024, the company announced and priced an offering of senior notes due 2029. The company subsequently issued an aggregate principal amount of $550 million of these notes on February 20, 2024. This offering was conducted under an existing shelf registration statement and involved a Terms Agreement with several underwriters, including J.P. Morgan Securities LLC and Wells Fargo Securities, LLC. The proceeds from this debt issuance are intended to support the company's general corporate purposes. Investors should note that this filing primarily concerns the details of the debt offering and does not disclose any new financial performance data or material business developments beyond the debt issuance itself.

Mondelez International, Inc. (MDLZ) reported strong top-line growth for the fiscal year ended December 31, 2023, with net revenues increasing by 14.4% to $36.0 billion. This growth was primarily driven by organic net revenue expansion of 14.7%, fueled by significant net pricing actions and a favorable volume/mix across its snack categories. The company successfully integrated key acquisitions from 2022, including Ricolino and Clif Bar, which contributed to the revenue uplift. Despite facing macroeconomic headwinds such as inflationary pressures and currency volatility, Mondelez demonstrated resilience. Adjusted Earnings Per Share (Adjusted EPS) saw a healthy increase of 14.3% to $3.19, or 19.0% on a constant currency basis, reflecting effective cost management and pricing strategies. The company continues to focus on its four strategic priorities: accelerating consumer-centric growth, driving operational excellence, building a winning growth culture, and scaling sustainable snacking. These efforts position Mondelez to navigate ongoing economic uncertainties and deliver long-term value to shareholders.

Mondelēz International, Inc. (MDLZ) announced a change to its Board of Directors on February 1, 2024, with the appointment of Brian J. McNamara as a new director, increasing the Board size from 10 to 11 members. Mr. McNamara brings significant leadership experience as the current Chief Executive Officer of Haleon plc. His appointment is effective immediately, and he has been assigned to the People and Compensation Committee and the Governance, Membership and Sustainability Committee. This expansion of the Board with a director possessing relevant industry expertise signals a potential focus on strategic leadership and governance. Investors can view Mr. McNamara as an independent director, and his compensation will align with that of other non-employee directors, as previously outlined in the company's proxy and annual reports. There are no disclosed related-party transactions with Mr. McNamara, indicating a clean appointment.

Mondelez International, Inc. (MDLZ) filed an 8-K on January 30, 2024, primarily to furnish its fourth quarter and full-year 2023 earnings press release. This filing serves as the official announcement of the company's financial results for the period ended December 31, 2023. Investors should refer to the furnished press release (Exhibit 99.1) for detailed financial performance, operational highlights, and forward-looking statements. The information furnished in this 8-K, specifically the earnings press release, is not considered 'filed' under Section 18 of the Exchange Act, meaning it does not carry the same legal liabilities as formally filed documents. However, it is crucial for understanding MDLZ's recent performance and strategic updates. Investors should consult the press release for specifics on revenue, profitability, segment performance, and any management commentary regarding the company's outlook.

Mondelēz International, Inc. (MDLZ) has filed an 8-K report to provide supplemental non-GAAP financial information related to the retrospective impact of two key events: the sale of JDE Peet's (JDEP) shares and the sale of its developed market gum business. The company is recasting its historical non-GAAP financial results to reflect these transactions as divestitures, aiming to enhance comparability, identify underlying operational trends, and provide greater transparency for investors. This recasting affects non-GAAP measures such as Organic Net Revenue, Adjusted Gross Profit, Adjusted Operating Income, and Adjusted EPS. The sale of JDEP shares, which occurred in tranches between July and September 2023, reduced Mondelēz's ownership to 17.7% and is considered a partial divestiture. Its impact on non-GAAP results begins in Q4 2023 due to JDEP's one-quarter lag reporting. The sale of the developed market gum business in the US, Canada, and Europe to Perfetti Van Melle Group was completed on October 1, 2023 (with Portugal finalized on October 23, 2023), generating approximately $1.4 billion in net cash proceeds. This major divestiture's results have been removed from historical non-GAAP financial reporting.

Mondelez International, Inc. (MDLZ) filed an 8-K on November 1, 2023, primarily to furnish its third-quarter 2023 earnings press release. While the filing itself does not contain detailed financial results, it directs investors to the press release (Exhibit 99.1) for the company's performance metrics for the quarter ended September 30, 2023. This indicates that the key operational and financial updates for the period are contained within that accompanying document. Investors seeking to understand Mondelez's performance should refer to the furnished press release for specifics on revenue, profitability, segment performance, and any forward-looking guidance. The 8-K serves as the official notification that this information has been made public, but the substance of the results lies within the referenced exhibit. It's important for investors to note that this information is furnished and not deemed "filed" under Section 18 of the Exchange Act, meaning it does not carry the same level of liability, though it is critical for understanding the company's recent financial condition.

Mondelez International, Inc. (MDLZ) reported strong top-line growth in its third quarter and first nine months of 2023, driven by a combination of higher net pricing, favorable volume/mix, and contributions from recent acquisitions (Ricolino and Clif Bar). Net revenues increased by 16.3% in the third quarter and 17.1% year-to-date. Organic Net Revenue, a key non-GAAP metric, also showed robust growth, indicating healthy underlying business performance. Profitability saw a significant year-over-year improvement, particularly in net earnings and diluted EPS, largely due to lapping prior-year acquisition-related costs and favorable mark-to-market impacts from derivatives. Adjusted EPS, which excludes one-time items, also demonstrated solid growth, reflecting the operational strength of the business. The company continues to navigate a challenging macroeconomic environment characterized by inflation and supply chain pressures, but its pricing strategies and operational efficiencies appear to be effectively mitigating these headwinds.

Mondelez International, Inc. (MDLZ) has filed an 8-K report announcing the termination of its $2.0 billion revolving credit agreement, originally entered into on April 6, 2023. This action, effective October 18, 2023, signifies a change in the company's financing structure. While the immediate financial impact is not detailed in this specific filing, investors should view this termination as a strategic decision by management regarding its liquidity and debt management. The company's decision to terminate a significant credit facility may indicate sufficient existing cash reserves, reduced need for short-term borrowing, or a restructuring of its financing arrangements. Further analysis of subsequent filings and investor communications will be crucial to understand the full implications for Mondelez's financial flexibility and capital allocation strategy.

Mondelēz International, Inc. (MDLZ) filed an 8-K on October 10, 2023, to disclose the retrospective impact of its JDE Peet's (JDEP) share sale on its non-GAAP financial results. Due to reporting JDEP's results with a one-quarter lag, the effect of the April 3, 2023, sale of approximately 1.6% of its stake will be reflected in non-GAAP figures starting from the third quarter of 2023. The company is treating this partial sale as a divestiture for non-GAAP reporting purposes. This adjustment involves removing the equity method investment net earnings related to this divestiture from historical non-GAAP Adjusted EPS calculations. This ensures that comparisons of historical operating results and underlying trends are more transparent and aligned with how the company evaluates its business. Importantly, Mondelēz's U.S. GAAP financial statements remain unaffected by this change in non-GAAP presentation. Investors should note that the recast non-GAAP figures are for comparative purposes and do not amend prior filings.

Mondelez International, Inc. (MDLZ) reported strong financial results for the second quarter and first six months of 2023, demonstrating resilience amidst ongoing macroeconomic uncertainties. Net revenues saw a significant increase, driven by robust pricing actions and contributions from recent acquisitions, partially offset by unfavorable currency movements. The company continues to focus on its strategic priorities of accelerating consumer-centric growth and driving operational excellence. Profitability metrics also showed improvement, with operating income and earnings per share (EPS) increasing year-over-year. The company highlighted the strength of its organic net revenue growth, reflecting sustained demand across its diverse snack portfolio. Despite inflationary pressures and supply chain challenges, Mondelez has effectively managed costs and implemented pricing strategies to maintain profitability. The company also provided an updated outlook, reaffirming its commitment to long-term value creation for shareholders.

Mondelēz International, Inc. (MDLZ) filed an 8-K on July 27, 2023, primarily to report its second-quarter 2023 earnings. The filing includes a press release that provides the financial results for the quarter ended June 30, 2023. This is a standard disclosure for publicly traded companies to communicate significant financial events and performance metrics to investors in a timely manner. Investors should refer to the furnished press release (Exhibit 99.1) for detailed financial performance data, including revenue, profitability, and any forward-looking guidance provided by the company. It's important to note that this information, while furnished, is not considered "filed" for certain regulatory purposes, meaning it doesn't automatically trigger liability under Section 18 of the Exchange Act, nor will it be incorporated into future SEC filings unless specifically referenced. Therefore, investors should rely on the press release for the immediate financial updates and consider it alongside other company communications.

Mondelez International, Inc. (MDLZ) has announced a change to its Board of Directors, increasing its size by one member to ten and appointing Cees ‘t Hart as a new director. Mr. ‘t Hart brings significant executive experience as the current CEO of the Carlsberg Group, a prominent global beverage company. His appointment is effective immediately and he will serve on the Audit and Finance Committees of the Board. This strategic addition to the Board aims to leverage Mr. ‘t Hart's expertise, particularly given his designation as an independent director and an Audit Committee Financial Expert. Investors can view this as a move to strengthen the Board's oversight and financial acumen. The company has confirmed there are no related-party transactions with Mr. ‘t Hart, ensuring a clear and independent addition to the leadership.

This 8-K filing from Mondelez International, Inc. reports the final voting results from its Annual Meeting of Shareholders held on May 17, 2022. The company's shareholders overwhelmingly approved the election of all nine director nominees for one-year terms and ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for 2023. Additionally, shareholders approved, on an advisory basis, the company's executive compensation and recommended holding such advisory votes annually. Importantly for investors, two shareholder proposals – one seeking an independent board chair and another regarding cage-free egg goals and child labor eradication in the cocoa supply chain – did not receive majority support. This indicates continued shareholder confidence in the current board structure and management's approach to these specific ESG initiatives, although it also highlights areas where shareholder advocacy remains.

Mondelēz International, Inc. (MDLZ) filed an 8-K on May 2, 2023, primarily to announce a significant executive leadership change within its Asia Pacific, Middle East, and Africa (AMEA) region. Maurizio Brusadelli, the Executive Vice President and President of AMEA, is departing the company to pursue an external leadership role. This transition is effective in June, with his last day to be determined. Investors should note that Deepak Iyer, currently President of India and Southeast Asia, will assume the role of Executive Vice President and President, AMEA, starting June 5, 2023. This internal promotion suggests a focus on continuity and leveraging existing leadership talent. The company has also attached a press release regarding this transition as an exhibit.

Mondelēz International, Inc. (MDLZ) filed an 8-K on April 27, 2023, primarily to furnish its first-quarter 2023 earnings press release. The press release, dated April 27, 2023, announced the company's financial results for the quarter ended March 31, 2023. This filing serves as the official notification of these results to investors and the market. While the 8-K itself does not contain the detailed financial data, it directs investors to the furnished press release (Exhibit 99.1) for comprehensive information regarding the company's performance during the first quarter.

Mondelēz International, Inc. reported a strong first quarter for 2023, with net revenues increasing by 18.1% to $9.2 billion, driven by robust organic net revenue growth of 19.4%. This growth was primarily attributed to higher net pricing across all regions and favorable volume/mix, reflecting continued consumer demand for snack products. The company also benefited from the recent acquisitions of Clif Bar and Ricolino, which contributed incremental revenues. Profitability saw a significant boost, with Net Earnings Attributable to Mondelēz International more than doubling to $2.1 billion, leading to a substantial increase in Diluted EPS to $1.52. This improvement was significantly influenced by a large mark-to-market gain on marketable securities and gains on equity method investments, alongside improved operational performance and lapping prior-year charges. The company maintained a solid liquidity position and remains focused on its strategic priorities for long-term value creation.

Mondelēz International, Inc. (MDLZ) has filed an 8-K report to disclose a change in its accounting for its investment in Keurig Dr Pepper Inc. (KDP) following the sale of a portion of its shares on March 2, 2023. The company reduced its KDP ownership from 5.3% to 3.2%, receiving approximately $1.0 billion in proceeds and recognizing a gain of approximately $500 million in Q1 2023. This reduction in ownership below the 5.0% threshold necessitates a change in accounting from the equity method to accounting for marketable securities. This change will impact Mondelēz's non-GAAP financial reporting, specifically Adjusted EPS, starting from the first quarter of 2023. The company will no longer record equity method investment earnings from its remaining KDP stake and will treat historical equity method earnings from both the sold and remaining shares as a divestiture. Consequently, Mondelēz has recast its historical non-GAAP financial results to remove these equity method investment earnings from Adjusted EPS for all prior periods presented, aiming to provide investors with better comparability and transparency in evaluating the company's core operating performance.