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Zbar Launches "Adventure Needs Fuel" Campaign to Support Kids' Active Lives, Power Outdoor Fun, and Unleash the Awesome in Every Kid
Prnewswire· 2025-02-05 14:00
Core Message - Zbar has launched a new integrated marketing campaign titled "Adventure Needs Fuel" aimed at energizing active kids with quality ingredients, particularly organic rolled oats [1][2]. Group 1: Campaign Overview - The "Adventure Needs Fuel" campaign is designed to motivate families to encourage an adventurous spirit in children, enriching their daily lives through various activities [2]. - The campaign will utilize an integrated multimedia approach, including creative content, family experiences, event sponsorships, and brand partnerships [2]. - Zbar will introduce new graphics as part of a refreshed product packaging to support the campaign [2]. Group 2: Product Features - Zbar energy snack bars were the first USDA-certified organic product from CLIF Bar, emphasizing the importance of organic ingredients [3]. - The bars are made with non-GMO ingredients and contain 5g of protein per bar, appealing to both parents and children [3]. Group 3: Company Background - CLIF has been producing foods with over 70% organic ingredients for more than 30 years and became part of Mondelēz International in 2022 [4]. - Mondelēz International reported net revenue of approximately $36 billion in 2023 and is recognized for its diverse portfolio of iconic brands [4].
Snacks Giant Mondelez Q4 Earnings: Sales Miss, EPS Falls Short, Cocoa Inflation Threatens 2025 & More
Benzinga· 2025-02-05 10:38
Snacks giant Mondelez International Inc MDLZ shares are trading lower in premarket on Wednesday.The company reported fourth-quarter sales growth of 3.1% year-on-year to $9.60 billion, missing the analyst consensus estimate of $9.64 billion.Adjusted EPS of $0.65 also missed the consensus estimate of $0.66.Revenues in Asia, Middle East & Africa surged 9.9% whereas Latin America plunged 7.2%. Revenue from Europe and North America increased 5.8% and 0.1% respectively.Gross profit for the quarter climbed 6.9% to ...
Mondelez International(MDLZ) - 2024 Q4 - Earnings Call Presentation
2025-02-05 02:25
Q4 & FY 2024 RESULTS February 4, 2025 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws. Words, and variations of words, such as "will," "may," "expect," "would," "could," "might," "intend," "plan," "believe," "likely," "estimate," "anticipate," "objective," "predict," "project," "drive," "seek," "aim," "target," "potential," "commitment," ...
Mondelēz Drives Digital Transformation With Focus on eCommerce, AI and Strategic Partnerships
PYMNTS.com· 2025-02-05 01:47
For consumer-packaged goods giant Mondelēz International, its digital transformation is a work in progress.Company officials have set a goal to generate 20% of its sales by 2030 through digital commerce. While they didn’t specify the percentage of digital sales Tuesday (Feb. 4) during their fourth-quarter and full-year earnings call, CEO Dirk Van de Put noted eCommerce sales grew “double digits” in 2024.Digital Snacking“We’re continuing to make progress against our strategic growth agenda,” he said. “We con ...
Mondelez (MDLZ) Lags Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-04 23:25
Mondelez (MDLZ) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.52%. A quarter ago, it was expected that this maker of Oreo cookies, Cadbury chocolate and Trident gum would post earnings of $0.85 per share when it actually produced earnings of $0.99, delivering a surprise of 16.47% ...
Mondelez International(MDLZ) - 2024 Q4 - Annual Results
2025-02-04 21:12
Financial Performance - FY'24 net revenues increased by 1.2% to approximately $36.44 billion, with organic net revenue growth of 4.3%[4] - FY'24 diluted EPS declined by 5.5% to $3.42, while adjusted EPS on a constant currency basis increased by 13.0% to $3.36[5] - FY'24 gross profit increased by $493 million, with a gross profit margin of 39.1%, up 90 basis points year-over-year[7] - Operating income for FY'24 was $6.345 billion, with an operating income margin of 17.4%, up 210 basis points[7] - In Q4 2024, net revenues increased by 3.1%, with organic net revenue growth of 5.2%[9] - Q4 2024 diluted EPS was $1.30, up 85.7%, primarily due to favorable changes in mark-to-market impacts from derivatives[12] - For the three months ended December 31, 2024, net revenues increased to $9,604 million, up from $9,314 million in the same period of 2023, representing a growth of 3.1%[25] - Gross profit for the twelve months ended December 31, 2024, was $14,257 million, compared to $13,764 million in 2023, reflecting a gross profit margin increase from 38.2% to 39.1%[25] - Operating income for the three months ended December 31, 2024, rose to $1,611 million, a significant increase from $1,193 million in the prior year, resulting in an operating income margin of 16.8%[25] - Net earnings attributable to Mondelēz International for the twelve months ended December 31, 2024, were $4,611 million, compared to $4,959 million in 2023, indicating a decrease of 7%[25] Cash Flow and Shareholder Returns - FY'24 cash provided by operating activities was $4.9 billion, and free cash flow was $3.5 billion[1] - The company returned $4.7 billion to shareholders through cash dividends and share repurchases in FY'24[9] - Net cash provided by operating activities increased to $4,910 million in 2024, compared to $4,714 million in 2023, reflecting a growth of about 4%[31] - The company reported net cash used in financing activities of $5,780 million in 2024, a decrease from $7,558 million in 2023, showing an improvement of about 24%[31] Assets and Liabilities - Total assets decreased to $68,497 million as of December 31, 2024, from $71,391 million a year earlier, a decline of 4.1%[27] - Total liabilities decreased to $41,539 million as of December 31, 2024, compared to $43,025 million in 2023, reflecting a reduction of 3.4%[27] - Cash and cash equivalents decreased to $1,351 million as of December 31, 2024, down from $1,810 million in 2023, a decrease of 25.3%[27] - Total debt decreased to $17,749 million as of December 31, 2024, from $19,408 million in 2023, a reduction of 8.5%[27] Acquisitions and Divestitures - The company acquired Evirth (Shanghai) Industrial Co., Ltd. on November 1, 2024, adding incremental net revenues of $72 million and operating income of $10 million for the three and twelve months ended December 31, 2024[47] - The acquisition of Grupo Bimbo's confectionery business, Ricolino, resulted in acquisition integration costs of $21 million for the twelve months ended December 31, 2024[48] - The acquisition of Clif Bar & Company led to income of $87 million in the three months ended December 31, 2024, with expenses of $72 million in the three months ended December 31, 2023[49] - The company recorded a pre-tax gain of $108 million from the sale of its developed market gum business, which generated cash proceeds of $1.4 billion[46] - The divestiture of the developed market gum business resulted in a year-over-year reduction in net revenues of $484 million for the twelve months ended December 31, 2024[46] Currency and Foreign Exchange Impact - The company anticipates a negative $0.12 impact to adjusted EPS in 2025 due to currency translation[11] - Unfavorable currency-related items impacted the company's Organic Net Revenue by $242 million (2.6 percentage points) due to unfavorable currency translation rate changes of $427 million (4.6 percentage points) for the three months ended December 31, 2024[81] - The company recorded unfavorable currency-related items of $191 million impacting Adjusted Operating Income for the twelve months ended December 31, 2024, primarily due to unfavorable currency translation rate changes of $460 million[81] - The company reported a total unfavorable currency-related impact of $710 million (2.0 percentage points) for the twelve months ended December 31, 2024[81] Operational Efficiency and Programs - The "Simplify to Grow Program" contributed $11 million to gross profit for Q4 2024[89] - The "Simplify to Grow Program" contributed $69 million to operating income in Q4 2024, consistent with the previous year's contribution[95] - The Simplify to Grow Program generated $149 million in operating income, with a net impact of $113 million on earnings[97] - The company plans to continue focusing on market expansion and new product development to drive future growth[104] Tax and Effective Tax Rate - The effective tax rate for the three months ended December 31, 2024, was 13.5%, down from 22.1% in the same period of 2023[25] - The effective tax rate for the reported earnings was 13.5% for Q4 2024, down from 22.1% in Q4 2023[95] Earnings and EPS Analysis - Basic earnings per share attributable to Mondelēz International for the three months ended December 31, 2024, was $1.31, compared to $0.70 in the same period of 2023, representing an increase of 87.1%[25] - Adjusted EPS for the twelve months ended December 31, 2024, was negatively impacted by unfavorable currency-related items of $0.12, driven by unfavorable currency translation rate changes of $0.32[81] - Adjusted EPS (Non-GAAP) for the twelve months ended December 31, 2024, was $3.36, reflecting a 9.1% increase from $3.08 in 2023[101] - The diluted earnings per share (EPS) was reported at $0.82, with shares outstanding totaling 1,364 million[96] - Diluted EPS attributable to Mondelēz International (GAAP) for Q4 2024 was $1.30, an increase of 85.7% from $0.70 in Q4 2023[99]
Mondelēz International Reports Q4 and FY 2024 Results
Newsfilter· 2025-02-04 21:11
FY'24 Net Revenues +1.2%, Organic Net Revenues1 +4.3%, Volume/Mix -1.0% FY'24 Diluted EPS declined -5.5% to $3.42FY'24 Adjusted EPS1 on a constant currency basis up +13.0% to $3.36 FY'24 Cash provided by operating activities was $4.9 billionFY'24 Free Cash Flow1 was $3.5 billionFY'24 Return of capital to shareholders was $4.7 billion Company provides FY'25 outlook CHICAGO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today reported its fourth quarter and full year 2024 result ...
Insights Into Mondelez (MDLZ) Q4: Wall Street Projections for Key Metrics
ZACKS· 2025-01-31 15:21
Analysts on Wall Street project that Mondelez (MDLZ) will announce quarterly earnings of $0.67 per share in its forthcoming report, representing a decline of 20.2% year over year. Revenues are projected to reach $9.69 billion, increasing 4.1% from the same quarter last year.The current level reflects a downward revision of 2.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ove ...
Mondelez Gears Up for Q4 Earnings: Here's What You Should Know
ZACKS· 2025-01-30 14:01
Core Insights - Mondelez International, Inc. (MDLZ) is expected to report revenue growth of 4.1% year-over-year, with a consensus estimate of $9.69 billion for Q4 2024 [1] - The earnings per share (EPS) estimate has decreased by 21.4% to 66 cents, reflecting a decline from the previous year [2] - The company has shown resilience in its core categories of chocolate and biscuits, which are expected to grow by 6.4% and 5.2% respectively in Q4 [3][4] Revenue and Pricing Strategies - Mondelez's revenue growth management strategies, including tailored pack sizes and diverse price points, have helped maintain consumer loyalty and market share [3] - The company anticipates a 4.6% increase in pricing for Q4, with organic revenue growth projected at 5.6% [5] Cost Pressures and Earnings Outlook - Significant input cost pressures are expected due to high cocoa prices, which may have peaked in Q4, potentially impacting earnings negatively [6] - The current model does not predict an earnings beat for Mondelez, as it holds a Zacks Rank of 4 (Sell) and an Earnings ESP of -3.50% [7]
Mondelēz International to Present at CAGNY Conference on February 18
Globenewswire· 2025-01-28 21:05
Core Insights - Mondelēz International, Inc. will present at the annual Consumer Analyst Group of New York (CAGNY) Conference on February 18, 2025, at 2:00 p.m. ET [1] - The company reported net revenues of approximately $36 billion for the year 2023, indicating a strong position in the global snacking market [2] Company Overview - Mondelēz International operates in over 150 countries, focusing on empowering people to snack right [2] - The company features a portfolio of iconic brands including Oreo, Ritz, LU, Clif Bar, Tate's Bake Shop, Cadbury Dairy Milk, Milka, and Toblerone [2] - Mondelēz is a member of the Standard and Poor's 500, Nasdaq 100, and Dow Jones Sustainability Index, highlighting its significant market presence and commitment to sustainability [2]