Core Point - Mondelēz Global LLC has announced a voluntary recall of specific RITZ Peanut Butter Cracker Sandwiches due to potential mislabeling that could pose a risk to individuals with peanut allergies [1][5]. Product Recall Details - The recall affects four carton sizes: 8-pack, 20-pack, and 40-pack of RITZ Peanut Butter Cracker Sandwiches, as well as the 20-pack RITZ Filled Cracker Sandwich Variety Pack [1][2]. - The affected products may be incorrectly labeled as Cheese variety, while they actually contain Peanut Butter [1][5]. - All outer cartons are correctly labeled and include an allergen advisory statement indicating the presence of peanuts [2]. Specific Product Information - The recalled products include: - 11.4 oz. RITZ Peanut Butter Cracker Sandwiches (8 Count) with Best When Used By Dates of NOV 25 and JAN 26 [3]. - 27.6 oz. RITZ Peanut Butter Cracker Sandwiches (20 Count) with Best When Used By Dates of NOV 25 and JAN 26 [3]. - 55.2 oz. RITZ Peanut Butter Cracker Sandwiches (40 Count) with Best When Used By Dates of NOV 25 and JAN 26 [3]. - 27.3 oz. RITZ Filled Cracker Sandwich 20-Count Variety Pack with Best When Used By Dates of NOV 25 [3]. Consumer Guidance - Consumers with peanut allergies are advised not to consume the affected products and to discard them [6]. - Mondelēz Global LLC has set up a consumer hotline for further information regarding the recall [6]. Company Overview - Mondelēz International, Inc. reported net revenues of approximately $36.4 billion in 2024 and operates in over 150 countries with a portfolio of iconic brands [7].

Core Insights - PepsiCo, Inc. is addressing volume softness through strategic pricing, targeted value investments, and product innovation, particularly in its Frito-Lay North America segment [1][3] - The company has implemented a "dual-size" price-pack architecture to cater to both value-conscious and premium consumers, resulting in improved unit volumes [1][3] - PepsiCo is focusing on intelligent reinvestment strategies that balance affordability with profitability, utilizing data to optimize promotions and product sizes [2][3] Strategic Initiatives - The introduction of smaller packs and value-priced options aims to maintain consumer frequency while enhancing operational efficiencies [2][8] - PepsiCo's portfolio transformation includes expansion into high-growth international markets, with expected mid- to high-single-digit growth from countries like India and Brazil [3][8] - The company is leveraging international momentum to offset domestic volume pressures and preserve margins [3][8] Competitive Landscape - Coca-Cola and Mondelez are key competitors in the beverage and snack sectors, respectively, with Coca-Cola focusing on beverage dominance and Mondelez competing in the snack category [4][5][6] - Both competitors are also emphasizing innovation, affordability, and international expansion to capture market share [6] Financial Performance - PepsiCo's shares have declined by 11.6% year to date, contrasting with the industry's growth of 7% [7][8] - The company trades at a forward price-to-earnings ratio of 17.09X, which is below the industry's average of 18.47X [9] - Earnings estimates indicate a year-over-year decline of 3.6% for 2025, followed by a projected increase of 5.3% in 2026, with recent estimates remaining unchanged [10]

Industry Overview - The Zacks Food-Miscellaneous industry is experiencing challenges due to persistent inflation affecting consumer spending and a shift towards private-label products [1][4] - Rising input costs and operational expenses are squeezing profit margins across the sector [1][5] - The industry includes a variety of food and packaged food items, with sales primarily through wholesalers, distributors, and retail channels [3] Major Trends - The market landscape is tough, with consumers increasingly opting for lower-cost alternatives, impacting sales volumes for leading food brands [4] - Companies are adopting strategies focused on value marketing, promotional campaigns, and expanding affordable product lines to meet changing consumer demands [4] - Cost pressures are significant, with elevated prices for raw materials, labor, and transportation affecting profitability [5] Strategic Initiatives - Food companies are focusing on cost efficiency, product innovation, and portfolio diversification to navigate current pressures [2][6] - Established brands are leveraging customer loyalty and innovation to maintain market position and adapt to consumer preferences [6] - Companies are modernizing production capabilities and diversifying product offerings to ensure future growth [6] Industry Performance - The Zacks Food-Miscellaneous industry ranks 187, placing it in the bottom 24% of over 250 Zacks industries, indicating dull near-term prospects [7][8] - The industry's consensus earnings estimate has declined by 3.1% since April 2025, reflecting decreasing confidence in earnings growth potential [8] Comparative Analysis - Over the past year, the industry has underperformed the S&P 500, declining by 6.9% compared to the S&P 500's growth of 12.5% [9] - The industry is currently trading at a forward P/E of 15.85X, lower than the S&P 500's 22.43X and the sector's 17.39X [12] Company Highlights - Mondelez International is focusing on core categories and strategic portfolio reshaping, with a current EPS estimate of $3.02 [15][16] - Sysco Corporation is enhancing capabilities through its "Recipe for Growth" framework, with an EPS estimate of $4.38 [19][20] - McCormick & Company is leveraging innovation and brand marketing, with a current EPS estimate of $3.02 [23][24] - Celsius Holdings is rapidly growing in the beverage sector with a focus on health-conscious products, though its EPS estimate has declined to 81 cents [27][29]

Core Insights - PepsiCo is facing challenges in its Frito-Lay North America (FLNA) business due to subdued snack demand, raising concerns about the company's future growth momentum [1][2] - The company reported a modest 1% year-over-year organic revenue growth in the FLNA segment, leading to a downward revision of its 2025 earnings guidance [2][10] - PepsiCo is implementing a multi-pronged recovery strategy, including dual-size pricing tiers and a focus on transforming its snack portfolio to meet changing consumer preferences [2][3] Financial Performance - PepsiCo's shares have declined approximately 13.8% year-to-date, contrasting with the industry's growth of 5.9% [7] - The forward price-to-earnings ratio for PepsiCo is 16.25X, which is below the industry average of 18.32X [9] - The Zacks Consensus Estimate indicates a year-over-year decline of 3.6% in 2025 earnings, with a projected growth of 5.2% in 2026 [10] Competitive Landscape - Mondelez International (MDLZ) is emerging as a key competitor, leveraging a diversified portfolio and focusing on high-growth segments like permissible indulgence and well-being snacks [4][5] - Campbell's Snacks division is gaining market share in the U.S. snack category, particularly in premium and health-conscious segments, responding quickly to consumer demand shifts [6]

As the official snacking sponsor of the sold-out residency, the RITZ brand will host an exclusive RITZ Salty Club experience for concertgoers.EAST HANOVER, N.J., June 25, 2025 /PRNewswire/ -- Today, RITZ, America's favorite cracker1 and the number one cracker for multicultural consumers2, is announcing the RITZ Salty Club Giveaway, offering fans a chance to score tickets to the summer's most hotly anticipated, sold-out residency, No Me Quiero Ir de Aquí in Puerto Rico. RITZ is launching the RITZ Salty C ...

Savor Each Bite: Mindful Snacking and Prioritizing Portions Mindful snacking is about eating with attention and intention. Be present in the moment, enjoy the snack with all your senses, and be aware of hunger and fullness cues. Most consumers say they pay attention to the sensory experience of their snacks.Over half of consumers look for snacks that are portion controlled.Being mindful about portions can help snacks be enjoyed in a more balanced way. CHICAGO, June 17, 2025 (GLOBE NEWSWIRE) -- Consumers ...

Continued to scale human rights due diligence across global operations and supply chains, with ~96% of owned plants and ~98% of prioritized supplier sites audited in the last three years.1Trained more than 50,000 colleagues since launching Human Rights Policy in 2021.Advanced efforts to help prevent child labor and support community resilience, expanding Child Labor Monitoring & Remediation Systems to cover ~89% of Cocoa Life communities in West Africa by the end of 2024. CHICAGO, June 04, 2025 (GLOBE NEWSW ...

Core Insights - Marriott International is focusing on budget travelers who prioritize travel but seek more affordable options, as indicated by spending data from credit card relationships [1][5] - The company has significantly expanded into the mid-scale segment, which it historically did not operate in, starting with the acquisition of City Express for $100 million in 2022 [2][5] - Marriott has launched its first StudioRes in Fort Myers, Florida, targeting cost-conscious consumers with modest services and amenities [3] Financial Performance - In the first quarter, Marriott generated $6.26 billion in revenue and reported a net income of $665 million [4] Strategic Initiatives - The introduction of StudioRes aims to cater to various travel purposes, appealing to individuals on temporary assignments or digital nomads [3] - Marriott's diverse portfolio includes brands like Ritz-Carlton, St. Regis, Sheraton, Courtyard, Westin, and Moxy, allowing the company to offer suitable accommodations for different consumer needs [3]

Core Viewpoint - Mondelēz International, Inc. is launching a new wave of impact-first investments through its Sustainable Futures Impact Investment platform, focusing on scalable solutions that address climate, community, and circularity, aligning with its sustainability strategy and Vision 2030 ambitions [1][4]. Investment Approach - The company employs a three-pronged investment strategy consisting of direct investments, fund investments, and technical assistance to scale promising solutions that generate measurable impact [2][4]. Direct Investments - New additions to the Sustainable Futures portfolio include investments in regenerative agriculture, inclusive financing, and circular packaging through innovative technology [4]. Fund Investments - Mondelēz International supports impact funds that align with its goal of catalyzing positive change across various geographies [3][4]. Technical Assistance - The company provides capacity-building support to early-stage ventures, helping validate their technologies through larger-scale pilots and scientific approaches [3][4]. Specific Investments - eAgronom is an ag-tech company aiding farmers in improving soil health and reducing carbon emissions, with over 1 million hectares under sustainable practices [5]. - ZIRO is a fintech startup providing affordable inventory financing to small merchants, aiming to reach approximately 100,000 merchants in three years [5]. - Pack2Earth is focused on replacing 60,000 metric tons of plastic packaging with compostable materials by 2028, part of a coalition supporting the Circulate Capital's Ocean Fund [5]. Impact Metrics - In 2024, investments in the Circulate Capital Ocean Fund contributed to circulating or avoiding over 7,600 tonnes of plastic, reducing more than 10,700 tonnes of GHG emissions, and creating over 34,900 tonnes in recycling infrastructure capacity across Southeast Asia and India [5]. Strategic Importance - Sustainability is a key pillar of Mondelēz International's growth strategy, with investments aimed at addressing challenges and creating long-term business resilience [6].

Financial Data and Key Metrics Changes - Comparable hotel total RevPAR increased by 2.1% over 2023, driven by growth in food and beverage revenues and ancillary spending [14] - The company ended the year with $2.3 billion of total available liquidity, including $1.5 billion under its credit facility, and returned $844 million to stockholders through dividends and share repurchases [15][18] - The company invested nearly $550 million in capital expenditures in 2024 [15][17] Business Line Data and Key Metrics Changes - The acquisition of the Ritz Carlton Oahu Turtle Bay in 2024 expanded the company's presence in Hawaii, contributing to future growth expectations [10][11] - The company completed renovations to approximately 2,100 guest rooms and 213,000 square feet of meeting space in 2024 [17] Market Data and Key Metrics Changes - A slower recovery in Maui and moderating domestic leisure demand impacted RevPAR growth in 2024, with total RevPAR growing faster than RevPAR driven by room spending [16] Company Strategy and Development Direction - The company focuses on disciplined capital allocation, including acquisitions, reinvestment in the portfolio, share repurchases, and dividends [12][14] - The company maintains a strong investment-grade balance sheet, with 99% of its portfolio unencumbered by debt, providing flexibility for future investments [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for 2025 and beyond, despite heightened uncertainty in the macroeconomic environment [20] - The company believes its diversified portfolio and strong balance sheet will support performance in the coming years [20] Other Important Information - The company was recognized as a global leader in corporate responsibility, being included in the Dow Jones Best in Class World Index for the sixth consecutive year [19] Q&A Session Summary - No questions were received during the Q&A period, and all proposals, including the election of directors and the appointment of KPMG as auditors, were approved [22][23]