By Kelly Cloonan

Mondelez International posted lower profit in its latest quarter as it contended with higher cocoa costs.

The owner of Oreo and Cadbury on Tuesday posted a profit of $665 million, or 51 cents a share, compared with $1.75 billion, or $1.30 a share, a year earlier.

Adjusted earnings per share were 72 cents, ahead of estimates of 70 cents a share according to analysts polled by FactSet.

Revenue rose 9.3% to $10.5 billion, topping analyst estimates of $10.31 billion.

Chief Executive Dirk Van de Put said 2025 was a dynamic and challenging environment, with cocoa cost headwinds dragging on profitability.

This year, the company is focused on improving volumes and saving costs as cocoa prices stabilize, he said.

For 2026, Mondelez expects revenue to be flat to up 2% on an organic basis this year. It expects adjusted earnings to be flat to up 5% on a constant currency basis.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

February 03, 2026 16:30 ET (21:30 GMT)

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