Mondelez forecasts steep drop in annual profit on soaring cocoa prices
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, sending its shares down nearly 6% after the bell.
Mondelez International Expects 2025 Earnings to Drop Amid Soaring Cocoa Costs
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van de Put said. The company previously said it expects to raise prices.
MDLZ Earnings: Mondelez International’s Stock Drops 5% on Earnings Miss
The stock of Mondelez International is down 5% after the snack food company reported mixed financial results for the fourth and final quarter
Mondelez Q4 Earnings Miss Estimates Amid Increased Cocoa Costs
Mondelez International, Inc. MDLZ posted fourth-quarter 2024 results, with the top line increasing year over year but missing the Zacks Consensus Estimate. The bottom line decreased from the year-ago quarter’s level and missed the consensus mark amid a challenging operating environment marked by cocoa cost inflation.
Mondelez International falls after posting a mixed earnings report, warning on 'unprecedented' cocoa costs
Mondelez International (NASDAQ:MDLZ) reported organic sales were up 5.2% in Q4 vs. +5.9% consensus. Pricing was up 5.1% during the quarter, while volume/mix was 0.1% higher. Organic sales were up 0.4% in North America to miss the consensus mark of +3.
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Mondelez warns of additional “headwind” from Trump tariffs threat
Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
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Mondelez (NASDAQ:MDLZ) Posts Q4 Sales In Line With Estimates
Packaged snacks company Mondelez (NASDAQ:MDLZ) in Q4 CY2024, with sales up 3.1% year on year to $9.60 billion. Its non-GAAP ...
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Mondelez International announces pension buy-in for plan termination
Mondelez International Inc., Chicago, has terminated one of its U.S. pension plans and completed a buy-in transaction that ...
Mondelez International (NASDAQ:MDLZ) Price Target Lowered to $54.00 at Wells Fargo & Company
Mondelez International (NASDAQ:MDLZ – Get Free Report) had its target price cut by equities researchers at Wells Fargo & Company from $61.00 to $54.00 in a note issued to investors on ...
Mondelez International Inc. Cl A stock underperforms Tuesday when compared to competitors
This was the stock's third consecutive day of losses.
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Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costs
Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...
Is Mondelez International (MDLZ) the Best Depressed Stock to Invest in Now?
We recently published a list of 12 Best Depressed Stocks to Invest in Now. In this article, we are going to take a look at ...
Mondelez (MDLZ) Lags Q4 Earnings and Revenue Estimates
Mondelez (MDLZ) delivered earnings and revenue surprises of -1.52% and 0.91%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
Cramer's Mad Dash: Mondelez
CNBC's Jim Cramer breaks down why he's keeping an eye on shares of Mondelez. USPS resumes accepting packages from China and ...