|Bid||52.79 x 1000|
|Ask||52.83 x 1800|
|Day's Range||52.38 - 53.10|
|52 Week Range||38.78 - 56.72|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||19.50|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.14 (2.16%)|
|1y Target Est||61.16|
Consumption of snack foods is growing domestically but also throughout China. Mondelez CEO Dirk Van de Put joins Yahoo Finance’s Dan Roberts, Julia La Roche and Brian Cheung to discuss on YFi AM.
Mondelez CEO Dirk Van de Put joins Yahoo Finance’s Brian Sozzi and Julia La Roche to discuss the snacking industry around the world and, in particular, its growth in China on The First Trade.
Trick-or-Treaters will be loading up on candy this Halloween, a demand that could lead to 4% growth in candy sales over the next five years. Yahoo Finance’s Adam Shapiro and Julie Hyman discuss with Specialty Food Association President Phil Karafakis and Deutsche Bank Securities’ Chief Economist Torsten Slok.
Mondelēz Global LLC announced today a voluntary recall of a limited quantity of Cheese Nips (11 oz. Box) product in the United States due to the potential presence of small food-grade yellow plastic pieces from a dough scraper that was incorporated into the production process of a small amount of product. The company became aware of this issue when yellow plastic pieces were noticed on the manufacturing equipment.
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
Singles Day sales are climbing into the billions not just for Alibaba but other big e-commerce players in China.
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday. Under pressure from governments and health advocacy groups in recent years, chocolate companies including Mondelez and Nestle have raced to develop products with less sugar, in smaller pack sizes and with prominent portion suggestions.
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday. The online survey of 6,068 adults in 12 countries by the Harris Poll for Mondelez showed that 80% of consumers were looking for healthy, balanced snacks, although the same percentage was also still keen on indulgence. "We know consumers want options which is why we offer a range of products that taste great from wholesome to indulgent," Chris McGrath, vice president and chief of global impact, sustainability and wellbeing, told Reuters.
Mondelēz International today announced the launch of its first-ever State of Snacking™ report, a global consumer trends study examining the role snacking plays across the world in meeting consumers’ evolving needs: busy modern lifestyles, the growing desire for community connection and a more holistic sense of wellbeing. The study reveals the rise of global snacking, underscored by regional parallels demonstrating how snacks are helping lead the future of food by delivering on the spectrum of needs that exists in our day-to-day lives.
Evidence of the increasing effects of climate change is building, as are the investing opportunities and changes in consumer habits linked to environmental concerns and resource use. Here are select dispatches about the companies responding to customer demands and climate risk, the ESG investors and their advisers, and the policy-makers, enterprising individuals and scientists preparing for tomorrow. BreakFreeFromPlastic, a three-year-old organization of some 1,800 members working to tackle plastic pollution has called in the volunteers that tally top plastic polluters by brand, and the amount of refuse clogging the world’s waterways remains alarming.
Mondelez International (MDLZ) reports better-than-expected earnings and revenues in third-quarter 2019. Also, management raises earnings and organic sales guidance.
Shares of Mondelez slid Wednesday, even as the foods company's third-quarter earnings beat analysts' expectations and the outlook strengthened. Mondelez earned $1.42 billion, or 98 cents a share, up from $1.19 billion, or 81 cents, in the year-earlier quarter. Earnings per share adjusted for stock-based compensation and other special items hit 64 cents, up from 62 cents a share a year earlier and ahead of analysts' estimate of 60 cents.
The maker of Oreos and other popular snack foods beat Wall Street’s earnings estimates, but it looks like investors were hoping for more gratification from guidance and free cash flow.
Mondelez (MDLZ) delivered earnings and revenue surprises of 4.92% and 0.68%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Ritz crackers-owner Mondelez International Inc raised its 2019 sales forecast on Tuesday after reporting a 1.1% rise in third-quarter revenue, driven by higher demand in emerging markets where Mondelez has been ramping up investment. As demand slows in developed countries, Illinois-based Mondelez has been spending more on marketing and creating products for shoppers in markets with rising incomes and e-commerce sales. In China, for instance, Mondelez has been working for years with Alibaba's online marketplace Tmall to expand its reach, even creating novelties like wasabi or hot chicken flavored Oreos to attract shoppers.
Mondelez International Inc. earnings came in higher than expectations Tuesday, and the food company raised its full-year forecast. Mondelez reported third-quarter profit of $1.42 billion, or 98 cents a share, on sales of $6.36 billion, up from $6.29 billion a year ago. After adjusting for stock-based compensation and other effects, the company claimed earnings of 64 cents a share, up from 62 cents a share a year ago. Analysts on average expected adjusted earnings of 60 cents a share on sales of $6.34 billion. Mondelez now expects organic net revenue to grow 3.5% and adjusted earnings per share to increase 5% to 7% this year. Shares were flat in after-hours trading following the release of the results. The stock closed with a 0.8% gain at $52.83 and is up 32% this year as the S&P 500 index has gained 21.2%.
Net revenues increased 1.1% driven by Organic Net Revenue1 growth of 4.2% reflecting balanced volume/mix and pricing, offset by unfavorable currency impactsDiluted EPS was.
Mondelez International INC (NASDAQ: MDLZ) shares traded higher on Tuesday and have more than doubled the overall return of the S&P 500 in the past year. As the food giant gears up for earnings on Tuesday afternoon after the close, Mondelez has certainly gotten at least one large option trader’s attention. On Tuesday, Benzinga Pro subscribers received four option alerts related to unusually large trades of Mondelez.