CLAIM #39998 · Mondelez International Inc (MDLZ) · 2026Q1 earnings call · Apr 28, 2026 · due Dec 31, 2026
“that's where we decided to guide for clear EPS in line with what we said the last time.”
Luca Zaramella · CFO
How to check this claim
Look at: Full-year core (adjusted) EPS growth guidance, constant currency
It came true if: Full-year reported core EPS growth matches the previously issued guidance range/figure (i.e., 'in line' with prior guidance, not revised up or down)
Where: Company press release / full-year earnings report and management guidance commentary (10-K / Q4 call)
In context
“Latin America and EMEA, we added quite a bit of upside even in places like North America this quarter. So all in all, I think between the volume mix, us pricing in line with expectations, costs coming a little bit better due to productivity. I mean all of that resulted in the upside. Now that upside would have resulted in a benefit to the year, quite frankly. But at this point in time, as I said, there is a little bit of cost headwind coming out of the Middle East situation. We are well covered for oil and packaging costs for the remainder of the year. And quite frankly, also into 2027, but some regulated market do not allow us to do anything in terms of protecting ourselves, and that's the cost headwind that will materialize in the remainder of the year, for which we have to account and that's where we decided to guide for clear EPS in line with what we said the last time. We have also unlocked additional investments in a couple of places. As we look around, we see that there are things that work extremely well that are gaining momentum, and we still believe there is upside in there. So that's where we decided to invest more in A&C and other things. Operator: We'll now move on to Michael Lavery with Piper Sandler. Michael Lavery: Could you just maybe elaborate a little bit on your innovation strategy? And it seems like now with COVID in the rearview and the supply disruptions that kind of changed some of the thinking of that for a few years, it's a focus again. Can you maybe point to where you've got a particular focus or maybe key consumer insights that are considerations and just how you're thinking about that? Dirk Van de Put: Yes, yes. So yes, after COV”
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SEC filings for MDLZ ↗ · Claim quote is verbatim from the 2026Q1 earnings call.