Mondelez International(MDLZ)

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Mondelēz International Approves New $9 billion Share Repurchase Authorization and Declares Regular Quarterly Dividend
GlobeNewswire News Room· 2024-12-11 13:00
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 ...
Mondelēz International Names Volker Kuhn Executive Vice President for Europe
GlobeNewswire News Room· 2024-12-03 14:05
Leadership Changes - Volker Kuhn appointed as Executive Vice President and President, Europe, effective April 1, 2025, reporting directly to Chair and CEO Dirk Van de Put [1] - Kuhn replaces Vinzenz Gruber, who is retiring effective April 1, 2025 [1] - Kuhn will join Mondelēz on January 6, 2025, to ensure a smooth transition with Gruber [1] Volker Kuhn's Background - Kuhn joins from Reckitt's hygiene business, where he delivered top- and bottom-line performance acceleration through innovation and category growth [2] - Previously served as Reckitt's Chief Transformation Officer [2] - Spent 26 years at Procter & Gamble, leading growth accelerations, turnarounds, and business transformations across multiple regions [3] - Led the successful carve-out and divestiture of Duracell from P&G to Berkshire Hathaway [3] - Expertise spans consumer products categories, including 10 years leading Pringles Snacks division in Europe [3] CEO's Perspective - Dirk Van de Put highlights Kuhn's international consumer packaged goods experience and leadership impact as key to accelerating growth in Europe [4] - Kuhn's role will focus on strengthening consumer loyalty to Mondelēz's iconic brands [4] Acknowledgment of Outgoing Leader - Van de Put thanks Vinzenz Gruber for his leadership in advancing core brands like Cadbury, Milka, and Oreo across Europe [5] - Gruber's tenure saw expansion into snack bars, cakes, and pastries, setting the business up for continued growth [5] Company Overview - Mondelēz International operates in over 150 countries with 2023 net revenues of approximately $36 billion [6] - Leading the future of snacking with iconic brands such as Oreo, Cadbury Dairy Milk, Milka, and Toblerone [6] - Member of the S&P 500, Nasdaq 100, and Dow Jones Sustainability Index [6]
MDLZ Stock Trading at 19X P/E: Is the Valuation Too Rich to Digest?
ZACKS· 2024-11-29 13:56
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 ...
MondelēZ International: Solid Execution Adding Continued Sweetness To Growth
Seeking Alpha· 2024-11-26 07:10
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 ...
Mondelez: Sales Volumes Return To Growth, But Continuity Is Needed
Seeking Alpha· 2024-10-31 06:16
Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about trading. That was the spark that introduced me to a new world, but over time I realized that it was not my path: too many charts, lines, and not very concrete concepts for a pragmatic person like me. I needed something different ...
Mondelez Q3 Earnings & Sales Beat, MDLZ Expands With Evirth Deal
ZACKS· 2024-10-30 18:11
Mondelez International, Inc. (MDLZ) reported impressive third-quarter 2024 results, with the top and bottom lines beating the Zacks Consensus Estimate and increasing year over year.Adjusted earnings were 99 cents per share, which increased 28.6% on a constant-currency (cc) basis. The metric also surpassed the Zacks Consensus Estimate of earnings of 85 cents per share. The upside was backed by solid operating gains, reduced interest expenses and taxes, as well as a lower number of shares outstanding.Find the ...
Compared to Estimates, Mondelez (MDLZ) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-29 23:35
For the quarter ended September 2024, Mondelez (MDLZ) reported revenue of $9.2 billion, up 1.9% over the same period last year. EPS came in at $0.99, compared to $0.82 in the year-ago quarter.The reported revenue represents a surprise of +1.43% over the Zacks Consensus Estimate of $9.07 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +16.47%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...
Mondelez International(MDLZ) - 2024 Q3 - Earnings Call Transcript
2024-10-29 23:32
Mondelez International, Inc. (NASDAQ:MDLZ) Q3 2024 Earnings Call Transcript October 29, 2024 5:00 PM ET Company Participants Shep Dunlap - SVP, IR Dirk Van de Put - Chairman and CEO Luca Zaramella - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan John Baumgartner - Mizuho Securities David Palmer - Evercore ISI Peter Galbo - Bank of America Chris Carey - Wells Fargo Securities Tom Palmer - Citi Operator Good day, and welcome to the Mondelez International Third Quarter 2024 Ear ...
Mondelez (MDLZ) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-29 22:31
Mondelez (MDLZ) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.47%. 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 $0.86, delivering a surprise of 10.26% ...
Mondelez International(MDLZ) - 2024 Q3 - Earnings Call Presentation
2024-10-29 21:24
Q3 2024 RESULTS October 29, 2024 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," "out ...