Mondelez's Chocolate Sales Show Strength in FY25: Is It Sustainable?

Chocolate sales rose 11.4% in 2025 as pricing largely offset cocoa cost pressure, supporting near-term top-line growth. However, underlying volume declines temper confidence in the durability of that growth and raise questions for future margin and revenue trajectory.

Analysis

Chocolate sales rose 11.4% in 2025 as pricing largely offset cocoa cost pressure, supporting near-term top-line growth. However, underlying volume declines temper confidence in the durability of that growth and raise questions for future margin and revenue trajectory.