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Mondelez International, Inc. - MDLZ STOCK NEWS

Welcome to our dedicated page for Mondelez International news (Ticker: MDLZ), a resource for investors and traders seeking the latest updates and insights on Mondelez International stock.

Mondelez International, Inc. (Nasdaq: MDLZ) is an American multinational leader in the confectionery, food, and beverage industry, headquartered in Chicago. Since its inception following the split from Kraft Foods North American grocery business in October 2012, Mondelez has established itself as a key player in the global snack food market.

The company generates annual revenues of approximately $26 billion and operates in around 160 countries. Mondelez's diverse product portfolio includes some of the world’s most beloved brands such as Oreo, Chips Ahoy, Halls, and Cadbury. As of the end of fiscal 2023, its business segments are divided into biscuits (49% of sales), chocolate (30%), gum/candy (12%), beverages (3%), and cheese and grocery items (6%). The geographical revenue distribution is also extensive, with over a third coming from developing markets, just more than a third from Europe, and the rest from North America.

In recent developments, Mondelez has joined the Hedera Council, focusing on pioneering distributed ledger technology (DLT) solutions to innovate digital transformation in supply chain management and enhance business processes. They are exploring projects like the SKUx digital payment system to offer real-time consumer offers and improve customer experiences.

Mondelez continues to engage in significant corporate social responsibility initiatives. Notably, the Sour Patch Kids brand has launched the 'Mischief for Change' scholarship program in partnership with the Thurgood Marshall College Fund, which supports students at Historically Black Colleges and Universities (HBCUs).

The company is also proactive in its marketing and community engagement efforts, as demonstrated by the recent 'The Art of (Re)Play' campaign by Oreo in Shanghai. This initiative blends artistic expressions inspired by traditional Chinese culture with modern elements to foster community interaction and promote well-being.

Financially, Mondelez posted robust earnings and free cash flow in the first quarter of 2024, credited to strong pricing execution and effective cost management. Their outlook for 2024 includes a projected organic net revenue growth of 3-5% and high single-digit adjusted EPS growth.

Mondelez’s commitment to sustainable practices is reflected in its progress toward environmental, social, and governance (ESG) goals. The company continues to invest in renewable energy, regenerative agricultural practices, and aims to achieve net-zero carbon emissions by 2050.

With a strong global presence and a focus on innovation and sustainability, Mondelez International is poised to continue leading the snack food industry, driving growth, and creating value for its stakeholders.

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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.

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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.

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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.

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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.

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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.

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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.

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Mondelēz International (Nasdaq: MDLZ) has announced the launch of a new platform to enhance its global marketing capabilities and optimize consumer experiences through expanded use of artificial intelligence (AI) and generative AI (gen AI). Collaborating with Accenture and Publicis Groupe, the platform will enable faster, more efficient creation of personalized content.

Accenture will establish a strong digital core for real-time data processing and help scale the platform through employee training. Publicis Groupe will lead execution and build the gen AI foundation for creative assets. The platform aims to empower Mondelēz marketers to drive innovation, gather insights, improve processes, and enhance personalization at consumer touchpoints.

The development will follow a responsible AI framework to ensure ethical and legally compliant use.

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Mondelēz International has announced an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China. This acquisition aligns with Mondelēz's strategy to accelerate growth in the cakes and pastries category, alongside chocolate and biscuits. Evirth, founded in 2013, is a leader in the frozen-to-chilled cakes and pastries market in China, estimated at US $3 billion and growing at about 15% annually.

Mondelēz already holds a minority investment in Evirth, collaborating on products featuring iconic brands like Oreo and Philadelphia. The acquisition aims to meet the rising demand for fresh, premium offerings, especially among younger consumers in top-tier Chinese cities. It builds upon Mondelēz's previous acquisitions in the baked snacks sector, including Give & Go in North America and Chipita Global SA in Central and Eastern Europe.

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International Delight, a leading coffee and creamer brand, is launching the Sweet Ride Sweepstakes for National Coffee Day. From September 29 to November 10, 2024, fans can enter at InternationalDelightCarSweeps.com for a chance to win a new car and a year's supply of International Delight Iced Coffee. Additionally, consumers can get 100% cash back on qualified purchases of International Delight Iced Coffee through the Ibotta app, while supplies last.

International Delight Iced Coffee cans are available in five flavors, including partnerships with REESE'S and OREO®. The product is sold at select convenience, grocery, and dollar stores nationwide for a suggested retail price of $2.68 per 15-ounce can.

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Mondelēz International has announced a significant advancement in sustainable packaging for its Triscuit Crackers brand in the U.S. and Canada. The company will now source plastic linked to advanced recycling technology for the majority of Triscuit SKUs, contributing to its goal of achieving about 5% recycled plastic content by 2025. Up to 50% of the plastic used in the protective bag-in-box liner films can be attributed to this technology through the ISCC PLUS certified mass balance approach.

This initiative aims to divert over one million pounds of plastic waste from landfills per year. The outer box is already made from 100% recycled paperboard. Mondelēz has partnered with Berry Global Group and LyondellBasell for this effort. The Triscuit brand is also working towards sourcing wheat more sustainably and supporting monarch butterfly conservation and future farmers.

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FAQ

What is the current stock price of Mondelez International (MDLZ)?

The current stock price of Mondelez International (MDLZ) is $59.86 as of January 3, 2025.

What is the market cap of Mondelez International (MDLZ)?

The market cap of Mondelez International (MDLZ) is approximately 79.8B.

What is Mondelez International?

Mondelez International, Inc. is an American multinational confectionery, food, and beverage company based in Chicago, known for brands like Oreo, Cadbury, and Ritz.

When did Mondelez International become an independent company?

Mondelez International became independent in October 2012 following its split from Kraft Foods North American grocery business.

What are some key brands owned by Mondelez International?

Mondelez owns popular brands such as Oreo, Chips Ahoy, Halls, Cadbury, Ritz, LU, Clif Bar, and Tate's Bake Shop.

What is Mondelez's annual revenue?

Mondelez International generates approximately $26 billion in annual revenue.

In how many countries does Mondelez operate?

Mondelez operates in roughly 160 countries around the world.

What is Mondelez's involvement with the Hedera Council?

Mondelez has joined the Hedera Council to develop innovative distributed ledger technology solutions focusing on digital transformation and supply chain management.

What is the 'Mischief for Change' scholarship?

The 'Mischief for Change' scholarship is funded by the SOUR PATCH KIDS brand in partnership with the Thurgood Marshall College Fund, supporting students at Historically Black Colleges and Universities.

How did Mondelez perform financially in the first quarter of 2024?

Mondelez posted robust earnings and free cash flow in the first quarter of 2024, driven by strong pricing execution and effective cost management.

What are Mondelez's sustainability goals?

Mondelez aims to reduce its climate impact, transition to renewable energy sources, and achieve net-zero carbon emissions by 2050. They also focus on sustainable sourcing and regenerative agricultural practices.

What is the 'The Art of (Re)Play' campaign by Oreo?

The campaign, inspired by traditional Chinese culture, blends modern art and interactive installations to encourage well-being and community engagement in Shanghai.
Mondelez International, Inc.

Nasdaq:MDLZ

MDLZ Rankings

MDLZ Stock Data

79.82B
1.33B
0.17%
82.85%
1.03%
Confectioners
Food and Kindred Products
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United States of America
CHICAGO