Mondelez International(MDLZ)

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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 ...
Here's What Key Metrics Tell Us About Mondelez (MDLZ) Q4 Earnings
Zacks Investment Research· 2024-01-31 03:31
Mondelez (MDLZ) reported $9.31 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.1%. EPS of $0.84 for the same period compares to $0.73 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $9.3 billion, representing a surprise of +0.15%. The company delivered an EPS surprise of +7.69%, with the consensus EPS estimate being $0.78.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Mondelez Looks to Healthier Snacks to Whet Consumers' Appetites
PYMNTS· 2024-01-31 02:30
Global snack and candy giant Mondelez International is pivoting its focus to healthier chocolate. Reporting on the fourth quarter of 2023, Mondelez, which owns brands like Oreo, Cadbury and Ritz, said it recorded a strong quarter, with a 14.4% growth in net revenue year over year, with a healthy performance across the globe, according to a Tuesday (Jan. 30) press release. Mondelez has focused on core categories like chocolate, biscuits and baked snacks for its direct-to-consumer (D2C) sales, which offer att ...
Mondelez International(MDLZ) - 2023 Q4 - Earnings Call Transcript
2024-01-31 01:51
Mondelez International, Inc. (NASDAQ:MDLZ) Q4 2023 Earnings Conference Call January 30, 2024 5:00 PM ET Company Participants Shep Dunlap - Senior Vice President, Investor Relations Dirk Van De Put - Chairman and Chief Executive Officer Luca Zaramella - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - J.P. Morgan Bryan Spillane - Bank of America David Palmer - Evercore Robert Moskow - TD Cowen Steve Powers - Deutsche Bank Alexia Howard - Bernstein Operator Good day, ...
Mondelez (MDLZ) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-01-30 23:16
Mondelez (MDLZ) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this maker of Oreo cookies, Cadbury chocolate and Trident gum would post earnings of $0.78 per share when it actually produced earnings of $0.82, delivering a surprise of 5.13%.O ...
Oreo-maker Mondelez calls for slower growth this year
Market Watch· 2024-01-30 22:01
Global snacks giant Mondelez International Inc. late Tuesday called for slower growth this year, hedging that its outlook comes amid “greater-than-usual volatility as a result of geopolitical uncertainty.”Mondelez MDLZ, +0.82% said it expects net revenue growth between 3% and 5% for 2024; the maker of Oreos, Ritz crackers and other popular snack and candy brands grew slightly more than 14% last year. Mondelez earned $950 million, or 70 cents a share, in the fourth quarter, compared with $585 million, or 42 ...
Mondelez (MDLZ) Q4 Earnings Coming Up: Factors to Consider
Zacks Investment Research· 2024-01-29 17:31
Mondelez International, Inc. (MDLZ) is likely to register top- and bottom-line growth when it reports fourth-quarter 2023 earnings on Jan 30. The Zacks Consensus Estimate for revenues is pegged at $9.3 billion, suggesting a rise of almost 7% from the prior-year quarter’s reported figure. The consensus mark for 2023 revenues is pegged at almost $36 billion, suggesting growth of 14.3% from the year-ago period’s reported figure.The Zacks Consensus Estimate for quarterly earnings has moved up by a penny to 78 c ...
Mondelez: Steady Appreciation And Strong Dividend Growth
Seeking Alpha· 2024-01-28 05:15
jetcityimage When it comes to making money in the stock market, it can frequently pay to take a long-term view. One of the factors that can impact a person's willingness to stick with a long-term program is volatility. The stock market is volatile. Some years it is up. Some years it is up a lot. In other years. the market can crash. However, purchasing a few consumer stocks that are popular can be one way to avoid getting caught up in the belief that the sky is falling. These companies are not likely to ...