Mondelez International (MDLZ) Revenue — Quarter Ended Jun 30, 2024
Revenue declined both sequentially and compared to the same quarter a year earlier. The decrease marks a reversal from the prior quarter's growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue declined both sequentially and compared to the same quarter a year earlier. The decrease marks a reversal from the prior quarter's growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.3B
Revenue reported for this quarter.
Quarter-over-quarter
-10.2%
Change from the immediately preceding quarter.
Year-over-year
-1.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$36B
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 |
|---|---|---|
| Sep 30, 2023 | $9B | +16.3% |
| Dec 31, 2023 | $9.3B | +7.1% |
| Mar 31, 2024 | $9.3B | +1.4% |
| Jun 30, 2024 | $8.3B | -1.9% |
Revenue performance
Net revenue for the quarter was lower than the immediately preceding quarter, continuing a downward trend from the prior period's level.
Quarterly comparison
Compared with the same quarter one year ago, revenue also contracted, reflecting a year-over-year decline. The sequential drop was more pronounced than the annual change.
What to watch
Monitor whether the revenue decline persists in upcoming quarters or if demand stabilizes.