Andrew Lazar
Analyst, Barclays
Replay available
Mondelez International, Inc. (NASDAQ: MDLZ) Q2 2025 earnings conference call, held 2025-07-29. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:05.438 Good day and welcome to the Mondelez International 2025 Second Quarter Earnings Question 00:00:05.438 -- 00:00:10.504 and Answer Session. Your lines have been placed on listen only until it's your turn to 00:00:10.504 -- 00:00:15.550 ask a question. In order to ask a question, please press the star key 00:00:15.550 -- 00:00:18.734 followed by the number one on your touchtone phone at any time. 00:00:18.734 -- 00:00:23.159 To remove yourself from the queue, press the star and two keys. 00:00:23.159 -- 00:00:25.159 On 00:00:26.403 -- 00:00:32.042 today's call are Dirk van der Putt, Chairman and CEO, Luca Zaramella, CFO, 00:00:32.042 -- 00:00:36.205 and Shep Dunlap, SVP of Investor Relations. 00:00:36.427 -- 00:00:40.732 Earlier this afternoon, the company posted a press release and prepared remarks, both 00:00:40.732 -- 00:00:43.895 of which are available on its website. 00:00:43.895 -- 00:00:47.940 During this call, the company will make forward-looking statements about performance. 00:00:47.940 -- 00:00:50.703 These statements are based on how the company sees things today. 00:00:50.703 -- 00:00:55.803 Actual results may differ materially due to the risks and uncertainties. 00:00:55.803 -- 00:00:59.668 Please refer to the cautionary statements and risk factors contained in the company's 00:00:59.668 -- 00:01:02.132 10-K, 10-Q, 00:01:02.132 -- 00:01:07.058 and 8-K filings for more details on forward-looking statements. 00:01:07.058 -- 00:01:11.745 As the company discusses results today, unless noted as reported, it will be referencing 00:01:11.745 -- 00:01:16.631 non-GAAP financial measures, which adjust for certain items included in the company's 00:01:16.631 -- 00:01:18.834 GAAP results. 00:01:18.834 -- 00:01:23.000 In addition, t...