Mondelez International, Inc. (MDLZ) has taken a bold step in its digital transformation journey by partnering with Amazon Web Services (“AWS”). The collaboration designates AWS as Mondelez’s primary cloud provider, with hundreds of workloads already migrated to its state-of-the-art cloud infrastructure. This strategic move is aimed at enhancing the company's agility, reliability and security while optimizing operations across its global business.Mondelez Revolutionizing ERP and Driving InnovationA cornersto ...

CHICAGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (NASDAQ:MDLZ) has entered a strategic partnership with Amazon Web Services (AWS) to enhance digital innovation across the company. Mondelēz has designated AWS as its strategic cloud provider and has already migrated hundreds of workloads. Leveraging AWS's industry leading cloud infrastructure and services, Mondelēz will achieve greater security, agility, and reliability for its operations including migrating its ERP landscape to SAP RISE powe ...

Designates AWS as a strategic cloud provider, accelerating its cloud transformation journeyCHICAGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) has entered a strategic partnership with Amazon Web Services (AWS) to enhance digital innovation across the company. Mondelēz has designated AWS as its strategic cloud provider and has already migrated hundreds of workloads. Leveraging AWS’s industry leading cloud infrastructure and services, Mondelēz will achieve greater security, agilit ...

Mondelez International, Inc. (MDLZ) has been making strategic moves to aid overall growth. The company has been committed to reshaping its portfolio through prudent acquisitions and divestitures, alongside increasing focus on areas with high-growth potential. Mondelez’s healthy cash flows enable it to undertake shareholder-friendly activities. In the latest update, the company’s board has approved a new share repurchase authorization of up to $9 billion of its Class A common stock. This is effective Jan. 1, ...

Beloved bite-sized snack rolls out its first new flavor in nearly a decade, offering up a mouthwatering blend of spicy and cheesy in each crunchy biteEAST HANOVER, N.J., Dec. 12, 2024 /PRNewswire/ -- For the first time in nearly a decade, RITZ Bits Cracker Sandwiches are introducing a brand-new flavor to heat things up: Spicy Queso. Offering a savory, flavorful taste, RITZ Bits Spicy Queso Cracker Sandwiches are a delicious addition to spice up your snack collection – whether you're munching at home or snac ...

In a move that could reshape the global confectionery landscape, Mondelez International, Inc. (MDLZ) is exploring the acquisition of iconic chocolate maker The Hershey Company (HSY) , per media sources. If finalized, the acquisition would create one of the world's largest confectionery companies.This acquisition, if successful, would significantly strengthen Mondelez’s position in the U.S. chocolate market. Hershey's established dominance would complement Mondelez's global presence, particularly its Europea ...

New $9 billion authorization for share repurchaseCompany declares regular quarterly dividend of $0.47 per shareConfirming capital allocation priorities, including brand and capabilityreinvestment, bolt-on acquisitions, share repurchase and dividends CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ: MDLZ) approved a new share repurchase authorization of up to $9 billion of Class A common stock, effective January 1, 2025. The new authorization, effectiv ...

CHICAGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced the appointment of Volker Kuhn as Executive Vice President and President, Europe, effective April 1, 2025, reporting directly to Chair and Chief Executive Officer Dirk Van de Put. Kuhn will replace Vinzenz Gruber, who has announced his retirement from the Company, also effective April 1, 2025. Kuhn will join the organization on January 6, 2025, partnering with Gruber to ensure a smooth transition. Kuhn joins Mon ...

Mondelez International, Inc. (MDLZ) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 19, higher than the industry average of 15.94. This inflated valuation suggests that the market is pricing in high growth expectations, but it also raises questions about whether the company can deliver results that justify such a premium. Shares of Mondelez have tumbled 9.4% in the past three months compared with the industry’s decline of 4.4%. This global snack food company trailed the broader Z ...

Mondelez International Inc (NASDAQ: MDLZ ) has good growth prospects ahead. The company’s revenue growth should benefit from additional price increases planned in the coming year. In addition, year-over-year organic growth comparisons are also becoming easier as we move intoWe focus on GARP (Growth at reasonable Price) opportunities in industrial, consumer, and technology sectors. We are among the top 50 financial experts (Out of ~39,000 tracked) as measured by Tipranks based on the consistency of our stock ...