Food Products
MDLZ reported 4.1% reported revenue growth to $9.4B and a 144.9% increase in diluted EPS to $1.20 in 2026-Q2, but underlying profitability weakened as constant-currency adjusted operating income fell 6.1%, reflecting higher input and selling costs. Source: 10-Q Item 2 MD&A, pp.32-34
Key risk: Cocoa, other commodity and labor-cost inflation
No Item 1A risk-factor text was provided; MD&A states that cocoa prices are expected to remain elevated relative to historical levels in the near and medium term, while raw material, labor and energy costs remain pressured. In 2026-Q2, higher raw-material costs—including packaging, nuts, energy, edible oils and grains—contributed to the 6.1% constant-currency decline in Adjusted Operating Income.
Other Packaged Foods & Meats companies