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MGPI vs. MDLZ: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-15 17:40
Investors interested in Food - Miscellaneous stocks are likely familiar with MGP (MGPI) and Mondelez (MDLZ) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, wh ...
Mondelēz International Joins Hedera Council to Accelerate DLT Adoption, Digital Transformation, and Improved Business Efficiencies
Prnewswire· 2024-02-14 14:01
CHICAGO, Feb. 14, 2024 /PRNewswire/ -- The Hedera Council, which stewards the Hedera open source, leaderless proof-of-stake public network, today announced that Mondelēz International (Nasdaq: MDLZ) has joined the Council. Mondelēz International is a leading multi-national food company with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar, and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka, and Toblerone chocolate. The company has operations in more than 80 ...
Chocolate prices set to climb as cocoa hits record high
Proactive Investors· 2024-02-09 08:32
Chocolate prices are being tipped to soar after cocoa hit a new record overnight due to the impact of the El Nino weather system. Cocoa is the main ingredient in chocolate and the price hit $5,874 (£4,655) a ton on Thursday as a dry harvest hit the harvest in key growing areas in West Africa. US-based chocolate maker Hershey warned yesterday the soaring cost of cocoa would hit its earnings this year while giving no assurances about prices. "We can't talk about future pricing" chief executive Michele Buck sa ...
Mondelēz International Declares Regular Quarterly Dividend of $0.425 per share
Newsfilter· 2024-02-02 18:00
CHICAGO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ:MDLZ) today declared a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend is payable on April 11, 2024, to shareholders of record as of the close of business on March 28, 2024. About Mondelēz International Mondelēz International, Inc. (NASDAQ:MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 billio ...
Mondelēz International Appoints Brian McNamara to Board of Directors
Newsfilter· 2024-02-02 14:05
CHICAGO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced the appointment of Brian McNamara to the Company's Board of Directors, effective Feb. 1. McNamara has served as Chief Executive Officer of Haleon plc, formerly GSK Consumer Healthcare, since May 2022. Previously, he led GSK's Consumer Healthcare business. "We are pleased to welcome Brian to our Board. His breadth and depth of expertise in all aspects of consumer products leadership – including supply chain, ...
Mondelez International(MDLZ) - 2023 Q4 - Annual Report
2024-02-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ______________ COMMISSION FILE NUMBER 1-16483 Mondelēz International, Inc. (Exact name of registrant as specified in its charter) Virginia 52-228437 ...
Mondelez (MDLZ) Q4 Earnings & Revenues Beat, Increase Y/Y
Zacks Investment Research· 2024-01-31 17:21
Mondelez International, Inc. (MDLZ) delivered robust fourth-quarter 2023 results, with the top and the bottom line increased year over year and came ahead of the respective Zacks Consensus Estimate.Robust results reflect the strength of the company’s categories, brands and geographies. MDLZ witnessed solid revenue and profit growth across all regions. Continuous reinvestments in its brands and capabilities — along with impressive portfolio reshaping efforts — place Mondelez well for future growth. In this r ...
AMERICA'S FAVORITE COOKIE EMBRACES TWISTS OF FATE IN NEW BIG GAME AD SPOT
Prnewswire· 2024-01-31 15:00
The ad welcomes viewers to a world where the twist of an OREO cookie plays a crucial role in the some of the most famous (and infamous) decisions, from the dawn of time to modern day. The delicious twist decides pivotal things like whether the Trojan Horse enters the city of Troy, if aliens really visited earth and more. "I am so excited that the OREO brand is returning to the Big Game in a big way with a campaign that cements our brand's cultural relevance and playful identity," said Michelle Deignan, Vice ...
Mondelez shares dip as volumes wobble after price hikes
Proactive Investors· 2024-01-31 09:56
Mondelez reported a rise in sales in the final quarter but cautioned consumers are starting to rein back spending after hefty price hikes. Profit margins have been rising steadily through 2023 at the Toblerone and Cadbury group helped by higher prices. Volumes though are starting to reflect those rises, said analysts with North American volumes down 5.5 percentage points in the fourth quarter owing to weaker biscuit sales and stock rotation. Product prices in the region rose 7.4 points, helping organic sale ...
Cadbury-owner cautious as chocolate lovers baulk at price hikes
Proactive Investors· 2024-01-31 09:47
Cadbury owner Mondelez reported a rise in sales in the final quarter but cautioned consumers are starting to rein back spending after hefty price hikes. Profit margins have been rising steadily through 2023 at the Toblerone and Ritz Crackers group helped by it pushing through higher prices. Revenues in Europe in Europe rose by 11.6% in the final three months led by volumes increasing by 3.3 percentage points but prices were by 8.3pp. Over the year, however, European revenue was up 14.5% suggesting some slow ...