Commodity and input cost volatility
Cocoa and other ingredients are major inputs, and price spikes can outpace pricing actions.
- Scope
- Chocolate and baked snacks
- Materiality
- high
Mondelez International, Inc.
Mondelez International makes and markets branded snack foods, with a portfolio centered on biscuits and baked snacks, chocolate, gum and candy, and selected beverages and grocery items. The company sells through global retail and digital channels in more than 150 countries, using a region-based operating model to manage local tastes, distribution, and pricing.
12,7 %
28,4 %
6,4 %
+5,8 %
0.59
0.39
| % | |
|---|---|
| Biscuits & Baked Snacks | 45% Cookies, crackers, salted snacks, snack bars, cakes and pastries. |
| Chocolate | 30% Chocolate tablets, bars and other confectionery products sold globally. |
| Gum & Candy | 10% Chewing gum and candy products sold through retail and convenience channels. |
| Beverages | 5% Powdered and other beverage products sold in selected markets. |
| Cheese & Grocery | 10% Locally relevant grocery and cheese products in certain markets. |
Mondelez sells primarily to large retail and wholesale channels, including supermarket chains, wholesalers,...
- Large retail chainsprimary
Supermarkets, discounters, supercenters and club stores buy branded snacks for scale, shelf traffic and promotional support.
- Wholesalers and distributorsprimary
These intermediaries buy Mondelez products for onward distribution into smaller retail outlets and regional markets.
- Convenience and impulse channelssecondary
Convenience stores, gasoline stations and drug stores buy smaller pack formats for impulse purchases.
- Digital commerce and e-retailsecondary
Pure-play e-tailers, omni-channel retailers and direct-to-consumer channels buy for online snack and grocery demand.
- Food service and other retail outletssecondary
Other retail food outlets buy selected products for local consumption occasions and channel-specific assortments.
Mondelez sells in over 150 countries and operates in about 80, with 145 principal manufacturing and processing...
- •Sales span over 150 countries, giving broad exposure to global snack demand
- •Operations in about 80 countries support local manufacturing and distribution
- •145 principal manufacturing and processing facilities across 49 countries
- •75.8% of 2025 net revenue came from outside the United States
- •Regional model covers Latin America, AMEA, Europe and North America
Mondelez is focused on being the global leader in snacking by growing its core biscuit and chocolate franchises while...
01
Accelerating consumer-centric growthshort-term
The company depends on strong brand demand, pricing power and local relevance in snacks.
02
Driving operational excellencemedium-term
Manufacturing and supply-chain efficiency are critical in a low-margin, high-volume food business.
03
Scaling sustainable snackinglong-term
Sustainability supports brand equity, regulatory readiness and long-term license to operate.
The business is exposed to volatile cocoa and other commodity costs, supply-chain disruption, and pricing pressure from...
Retail customer consolidation and pricing pressure
Fewer, larger customers can demand lower prices, more promotions or longer payment terms.
- Scope
- Supermarkets, discounters, club stores and wholesalers
- Materiality
- high
Global supply-chain disruption
The company relies on an interdependent network of suppliers, plants and distributors.
- Scope
- Manufacturing, logistics and third-party partners
- Materiality
- high
Foreign exchange and trade/tariff uncertainty
Most revenue is outside the U.S., so currency moves and trade barriers affect results.
- Scope
- Emerging and developed markets
- Materiality
- high
Cybersecurity and privacy incidents
Digital commerce and third-party technology increase the attack surface and data exposure.
- Scope
- Externally hosted systems and consumer data
- Materiality
- medium
Seasonality and holiday timing
Quarterly comparability
Goodwill and indefinite-life intangible impairment
Earnings and balance sheet carrying values
Organic net revenue adjustments
Reported growth versus underlying business performance
ERP System Implementation costs
Operating expenses, capex and cash flow
HERSHEY CO
HSY · Sugar & Confectionery Products
The Hershey Company makes and sells chocolate, candy, mints, salty snacks, and related snack products under more than 85 brand names.
PEPSICO INC
PEP · Beverages
PepsiCo is a U.S.-based consumer packaged goods company that sells beverages and convenient foods through a global portfolio of brands.
B&G Foods, Inc.
BGS · Food and Kindred Products
TOOTSIE ROLL INDUSTRIES INC
TR · Sugar & Confectionery Products
Tootsie Roll Industries is a U.S.-based confectionery company that manufactures and sells a broad portfolio of candy and chewing gum products under…
MOSAIC CO
MOS · Agricultural Chemicals
MCDONALDS CORP
MCD · Retail-Eating Places
: 11/08/2026