Mondelez International, Inc. - MDLZ STOCK NEWS

TOBLERONE, a Mondelēz International brand (Nasdaq: MDLZ), announces the launch of TOBLERONE Truffles, a new premium chocolate product exclusively at Costco nationwide. Available from November 25, each elegant gold box contains over 50 individually wrapped diamond-shaped truffles, priced at $11.99. The truffles feature a milk chocolate shell with a chocolatey center and honey-almond nougat bits. The product launch is strategically timed for the holiday season, with in-store sampling and promotions planned in select markets.

Mondelēz International reported Q3 2024 results with Net Revenues up 1.9% and Organic Net Revenue growth of 5.4%. The company achieved Volume/Mix growth of 0.3% and Adjusted EPS growth of 28.6% to $0.99 on a constant currency basis. Year-to-date cash from operating activities reached $3.5 billion with Free Cash Flow of $2.5 billion. The company maintained its 2024 outlook, expecting Organic Net Revenue growth at the upper end of 3-5% and high single-digit Adjusted EPS growth. The company returned $2.9 billion to shareholders through dividends and share repurchases in the first nine months of 2024.

JAB has announced two significant transactions involving JDE Peet's (EURONEXT: JDEP) shares. Firstly, JAB is acquiring Mondelez's (Nasdaq: MDLZ) entire stake of 86 million shares in JDE Peet's at €25.10 per share. Secondly, JAB has distributed 43 million JDE Peet's shares, representing 9% of the total issued and outstanding share capital, to over 70 partners of JAB Consumer Partners (JCP).

These moves have increased JDE Peet's free float to 32%, making it a more widely held company. Following these transactions, JAB's stake in JDE Peet's will increase to 68%. JAB's Managing Partner, Joachim Creus, expressed strong conviction in the global coffee sector and JDE Peet's long-term value creation prospects, affirming JAB's commitment as an anchor shareholder.

SKUx, a leader in item-level payments acceptance and digital payment innovation, has completed the first phase of its payment-based offer innovation project with Mondelēz International and Hedera, a leading enterprise distributed ledger technology (DLT) network. The project expands upon the current SKUx and Mondelēz customer service program, adding a near real-time digital payment option alongside traditional methods. It also publicly maps a subset of payment transactions to the Hedera Network, providing an end-to-end secure consumer offer experience tied to an immutable record of transaction.

This initiative represents the first real-world, public adoption of DLT to track the supply chain of consumer-packaged goods and digital payments. Mondelēz International, a leading multi-national food company, sees this as a step towards digital transformation and leveraging Web3 technologies to increase customer satisfaction and engagement in the face of volatile consumer behavior and complex supply chains.

Mondelēz International (Nasdaq: MDLZ) has announced it will release its third quarter 2024 financial results on Tuesday, October 29, 2024 at 4:05 p.m. ET. The company will host a conference call at 5:00 p.m. ET the same day. Investors and analysts can participate via phone by calling 800-225-9448 from the United States and 203-518-9708 from other locations. Participants are advised to dial in about 10 minutes before the call starts.

A listen-only webcast will be available at www.mondelezinternational.com. A replay of the conference call will be accessible until November 5, 2024, by calling 800-839-1247 from the US and 402-220-0470 from other locations. The access code for both the call and its rebroadcast is MDLZQ324. An archive of the webcast will also be available on the company's website.

HALLS, America's No. 1 cough and throat drop brand, is addressing the 'Man Cold' phenomenon ahead of the cough and cold season. A national survey revealed that 55% of people believe men exaggerate cold symptoms, and 54% feel a 'Man Cold' can turn them into dramatic actors. In response, HALLS is launching a -edition Man Cold Relief Kit for 50 lucky winners.

The kit includes a cozy hooded blanket, a 64oz insulated water bottle, tissues, and an assortment of HALLS Cough Drops. From October 9th, fans can enter to win on TikTok by following @halls_us and commenting #hallsmancold on the sweepstakes post. The promotion aims to provide relief for all cold sufferers, regardless of gender, during the upcoming season.

Fetch, America's Rewards App, has announced its first retail media network (RMN) partnership with Albertsons Media Collective, the retail media arm of Albertsons Companies. This integration extends Albertsons Media Collective's reach, expanding its service model offerings to consumer packaged goods (CPG) brands aiming to drive retailer-specific sales.

The partnership allows brands to incorporate Fetch into their existing marketing mix as part of their full-funnel marketing strategies. By the end of 2024, Fetch's ecosystem is projected to capture $180 billion in transactions annually, using AI and machine learning to allocate advertising dollars based on verified purchase data.

Mondelēz International is among the first CPG brands to leverage this integration for its Ritz Crackers, Triscuit, and Wheat Thins brands, aiming to drive consumers to Albertsons banners with in-app, purchase-based offers.

Mondelēz International's SnackFutures Ventures has made a strategic investment in Urban Legend, a UK-based 'better-for-you' fresh doughnut and pastry start-up. Urban Legend uses patented air frying technology to reduce sugar, fat, and calories by 30% to 75% compared to traditional doughnuts. All Urban Legend varieties contain 200 calories or less.

Founded in 2021 by Anthony Fletcher, Urban Legend currently offers 12 varieties sold in nearly 200 stores across the UK. This investment aligns with Mondelēz's strategic intent to expand in cakes and pastries and build capability in the 'better-for-you' fresh bakery space. The partnership aims to scale Urban Legend's innovative products throughout Europe and globally.

Chips Ahoy!, America's #1 chocolate chip cookie brand, introduces Chips Ahoy! Big Chewy Cookie, a new product line over three times the size of their Regular Chewy cookies. Designed for on-the-go snacking and Gen-Z consumers, these individually wrapped cookies feature chocolatey chips four times larger than the original.

Available in three flavors: Classic, Chocolatey Brownie, and Chocolatey Caramel, the new Big Chewy Cookies offer a bigger, more indulgent bite. Rolling out nationwide in October, each 2.5 oz pack will be sold at convenience stores for an SRP of $2.29.

Jen Levin, Senior Brand Manager for Chips Ahoy! US, emphasizes the brand's commitment to innovation and meeting consumer needs, stating that the bigger size allows for sharing with friends while delivering indulgence and happiness in each bite.