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Mondelez (MDLZ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Oreo cookie-maker Mondelez put new management in place at its profitable Russian business this week, according to two internal company memos seen by Reuters that reveal fresh details of a corporate overhaul in Europe.
Investors interested in Food - Miscellaneous stocks are likely familiar with MGP (MGPI) and Mondelez (MDLZ). But which of these two stocks presents investors with the better value opportunity right now?
Chocolate prices are being tipped to soar after cocoa hit a new record overnight due to the impact of the El Nino weather system. Cocoa is the main ingredient in chocolate and the price hit $5,874 (£4,655) a ton on Thursday as a dry harvest hit the harvest in key growing areas in West Africa.
CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) announced that Dirk Van de Put, Chairman & CEO, Luca Zaramella, EVP & Chief Financial Officer and Gustavo Valle, EVP & President North America, will present at the annual Consumer Analyst Group of New York (CAGNY) Conference on February 20 at 3:00 p.m. ET.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Dirk Van de Put, Mondelez CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the snack maker's business slowdown, and whether the consumer has begun to push back against prices.
Mondelez's (MDLZ) fourth-quarter 2023 results reflect increased net revenues sales and earnings on strength across categories, brands and geographies.
Dirk Van de Put, Mondelez CEO, joins 'Squawk on the Street' to discuss the company's outlook going forward, the greater volatility given the geopolitical landscape, and more.
Mondelez reported a rise in sales in the final quarter but cautioned consumers are starting to rein back spending after hefty price hikes. Profit margins have been rising steadily through 2023 at the Toblerone and Cadbury group helped by higher prices.