Mondelez International (MDLZ) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter was slightly higher than the same period last year, but essentially unchanged from the immediately preceding quarter. The company's top line remained stable despite ongoing global uncertainties.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter was slightly higher than the same period last year, but essentially unchanged from the immediately preceding quarter. The company's top line remained stable despite ongoing global uncertainties.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.3B
Revenue reported for this quarter.
Quarter-over-quarter
-0.3%
Change from the immediately preceding quarter.
Year-over-year
+1.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $8.5B | +17.0% |
| Sep 30, 2023 | $9B | +16.3% |
| Dec 31, 2023 | $9.3B | +7.1% |
| Mar 31, 2024 | $9.3B | +1.4% |
Revenue performance
Reported revenue increased compared with the same quarter one year earlier, reflecting continued year-over-year growth. However, the sequential comparison shows a marginal decline from the prior quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was nearly flat, with a slight decrease. Versus the same quarter a year ago, revenue posted a modest increase.
What to watch
The flat sequential revenue trend may warrant attention, especially as the company navigates a mixed macroeconomic environment.