Mondelez International's Q1 Financial Overview

Mondelez International, Inc. has announced its financial results for the first quarter of fiscal 2025, revealing a slight year-on-year revenue increase of 0.2% to $9.3 billion. However, the company faced significant challenges, with net earnings plummeting by 71.5% to $402 million compared to the same quarter in 2024.

Profitability Under Pressure

The diluted earnings per share (EPS) also saw a dramatic decrease, falling by 70.2% to $0.31. Gross profit and operating income were not spared, with declines of 48.8% and 75.1% respectively, highlighting the impact of rising cocoa costs on the company's bottom line.

Leadership's Perspective

"Despite these challenges, our Q1 2025 results are solid and in line with our expectations, thanks to the strong execution of our growth strategy in the face of unprecedented cocoa cost inflation," stated CEO Dirk Van de Put.

Market Reaction

Following the announcement, Mondelez's shares experienced a slight downturn, dropping by 0.99% in after-hours trading to $65.00 at 4:14 pm ET.