MONDELEZ SAYS IT REMAINS CONFIDENT IN DELIVERING STRONG EPS GROWTH FOR 2027, AND THAT UNDERCOVER SNACKS CEO DIANA LEVY WILL CONTINUE TO LEAD IT AS IT REMAINS STANDALONE WITHIN THE COMPANY’S NORTH AMERICA VENTURES UNIT - PREPARED REMARKS
MONDELEZ SEES FY ORGANIC NET REVENUE GROWTH OF 2% AND FY ADJUSTED EPS GROWTH OF 0% TO 5%, EXPECTS 2026 FREE CASH FLOW OF ABOUT $3 BLN, AND NOTES A RECENT AGREEMENT TO ACQUIRE UNDERCOVER SNACKS
MONDELEZ Q3 ADJUSTED EPS $0.78, ABOVE ESTIMATE OF $0.71, WITH ADJUSTED NET INCOME $992 MLN, ABOVE ESTIMATE OF $906.4 MLN, EPS $1.02, NET INCOME $1,305 MLN AND GROSS MARGIN 39.4%