Mondelez International's stock plummeted 5.23% in after-hours trading on Tuesday, following the release of its fourth-quarter financial results.
The snack maker reported adjusted earnings per share of $0.68, falling short of analyst expectations of $0.70. Despite revenue beating estimates at $10.50 billion, the company's profitability was negatively impacted by unprecedented cocoa cost headwinds, which contributed to a decline in quarterly profit.
Looking ahead, Mondelez provided conservative guidance for 2026, forecasting organic net revenue growth in the range of flat to 2% and adjusted EPS growth of flat to 5%. The company also cited weak consumer confidence in the United States, particularly affecting its biscuit business, as consumers reduce discretionary spending amid economic uncertainty. These factors combined to drive the sharp decline in share price during the post-market session.