Ben & Jerry’s co-founder Ben Cohen has accused Magnum Ice Cream Company of using “Orwellian” tactics to oust board members and muzzle the brand’s social mission – which has included support of Palestinians amid the war in Gaza.Unilever – which acquired Ben & Jerry’s in 2000 and agreed to maintain its independent board – last week spun off its ice cream brands, including Ben & Jerry’s, into a separate company known as Magnum.Ben & Jerry’s CEO Jochanan Senf, who was appointed by Unilever, updated the board’s ...

On December 8th, The Magnum Ice Cream Company ( MICC ) started trading in Amsterdam, London, and New York, following its spin-off from Unilever ( UL ). The company is now a fully focused ice cream company carrying allAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be ...

The Magnum Ice Cream Company N.V. (NYSE:MICC) is one of the stocks on Jim Cramer’s radar recently. Cramer said that the company has “already started turning around,” as he stated: “Unilever didn’t seem to want it, but maybe it’ll be worth more as an independent company. I’m optimistic. I’m going to tell you why. First, The Magnum Ice Cream Company is by far the largest player in the industry… Put it all together, and The Magnum Ice Cream Company has 21% global market share… This company has already starte ...

Earlier this week, Unilver spun off its ice cream business as the Magnum Ice Cream Company, MICC, for all you home gamers, creating the first pure play ice cream stock that I can recall. Unilver announced this nearly two years ago, but to be honest, I really didn't pay a lot of attention to it. So, it took me by surprise when I came into work yesterday to see this multi-story tall banner of ice cream outside the New York Stock Exchange with free samples flowing ON THE FLOOR.KLONDIKE BARS for all. And still ...

Core Viewpoint - Unilever has spun off its ice cream business into the Magnum Ice Cream Company (MICC), creating a pure play ice cream stock, which is expected to perform well as an independent entity [1][20]. Company Overview - The Magnum Ice Cream Company is the largest player in the ice cream industry, owning four of the world's five largest ice cream brands: Walls, Magnum, Ben & Jerry's, and Cornetto [2][4]. - The company has a global market share of 21%, significantly higher than its closest competitor, which holds only 11% [4]. Recent Performance - Despite a 6.5% decline in volume in 2023 while under Unilever, the ice cream division has begun to recover post-spin-off, achieving a 1.1% organic volume growth and a 2.8% increase in organic sales [6][8]. - The company's gross margin has improved for the first time in years, indicating a positive trend [9]. Future Outlook - Magnum aims for organic sales growth in the range of 3% to 5% and plans to enhance profitability through modest price increases [10][11]. - The company has good data on the impact of weight loss drugs (GOP-1s) on the ice cream market, estimating a 0.5% hit to volume growth for every 12% market penetration of these drugs [12][13]. Valuation - Magnum's stock is currently trading at approximately $15, with earnings per share expected to be $1.26 this year, slightly decreasing to $1.23 next year due to initial investments as an independent entity [16][19]. - The stock is valued at 12 to 13 times earnings, which is significantly lower than peers like Hershey and Nestle, suggesting a potential investment opportunity [18][19].

Core Insights - Unilever has spun off its ice cream business, creating the Magnum Ice Cream Company (MICC), marking the first pure play ice cream stock in the market [1] - The Magnum Ice Cream Company is the largest player in the ice cream industry, owning four of the world's five largest ice cream brands: Walls, Magnum, Ben & Jerry's, and Cornetto [2][3] - The company has a significant global presence, selling over 100 brands across 80 countries and holding a 21% market share [3] Market Position - The closest competitor to Magnum Ice Cream Company is a British company called Feri, which holds an 11% market share, while no other competitor exceeds 2% [4] - Magnum Ice Cream Company is the market leader in every developed country except India and China, where it ranks second [4] Industry Performance - Despite the rise of weight loss drugs impacting the packaged food industry, the ice cream business has been performing well [4]

CNBC's Jim Cramer on Thursday explained why he's fairly positive on Magnum Ice Cream Company, which made its Wall Street debut earlier this week after spinning off from consumer giant Unilever. "We finally, by the grace of God — or at least, the grace of Unilever — have a pure play ice cream stock, now that The Magnum Ice Cream Company has been spun off and started trading independently," he said. "And, after taking a closer look at the story, I have to say, this one's pretty sweet."Magnum Ice Cream might f ...

Core Viewpoint - The debut of Magnum Ice Cream Co. (NYSE:MICC) was disappointing, with stock performance under pressure following its spinoff from Unilever PLC (NYSE:UL) [1] Stock Performance - Magnum Ice Cream's stock opened at $14.88, below analysts' expectations of around $20/share, while the reference price in Europe was set at €12.80 ($13.50) [2] Selling Pressure - Institutional investors holding Unilever shares were required to sell their new Magnum shares due to investment criteria, contributing to selling pressure on the stock [3] Dividend Outlook - Magnum Ice Cream announced it will likely not pay dividends until 2027 as it focuses on establishing independent operations, which has disappointed income-focused investors [4] Analyst Perspectives - Bull Case: Some analysts have initiated Buy ratings, citing Magnum's strong cash flow and dominant market share once forced selling subsides [5] - Bear Case: Concerns exist regarding the lack of immediate dividends and challenges in the ice cream market, including health consciousness and rising sugar costs [5] Market Sentiment - The market is still assessing Magnum's standalone business, and until selling pressure decreases, stock performance may remain volatile, though long-term investors could benefit [6]

Core Viewpoint - Unilever PLC has implemented a reverse stock split as part of its strategy to streamline operations and enhance shareholder value, coinciding with a significant increase in its share price following the demerger of its ice cream division [1][5]. Group 1: Reverse Stock Split - The reverse stock split occurred on December 9, 2025, exchanging 9 shares for every 8 shares previously held [1][5]. - This move is aimed at improving operational efficiency and increasing shareholder value [1][5]. Group 2: Share Price Movement - Following the reverse stock split, Unilever's share price rose nearly 13% in early trading [2][5]. - The current stock price is $64.49, reflecting an increase of 16.62% with a change of $9.19 [4][5]. - Over the past year, the stock has fluctuated between a high of $65.66 and a low of $54.32 [4]. Group 3: Share Structure Post-Consolidation - Post-consolidation, Unilever has over 2.2 billion ordinary shares in issue, with approximately 2.18 billion carrying voting rights [3][5]. - Some investors' shareholdings did not convert neatly under the new ratio, and Unilever plans to pool these fractional shares and sell them in the market, returning the net cash proceeds to shareholders [3].