Mondelez Intl Stock Price, News & Analysis

Mondelēz International (Nasdaq: MDLZ) will present at the 2022 Bernstein Strategic Decisions Conference on June 1 at 10:00 a.m. ET. Dirk Van de Put, Chairman and CEO, along with Luca Zaramella, CFO, will represent the company. A listen-only webcast will be available on their website, with a replay following the event. Mondelēz is a leader in the snacking industry, generating approximately $29 billion in net revenues for 2021, and offering well-known brands like Oreo, Cadbury, and Trident.

The Board of Directors of Mondelēz International (Nasdaq: MDLZ) has declared a quarterly dividend of $0.35 per share of Class A common stock. This dividend will be payable on July 14, 2022, to shareholders who are on record by the close of business on June 30, 2022. Mondelēz, a leader in the snacking industry, reported approximately $29 billion in net revenues for 2021, showcasing its iconic brands like OREO, Cadbury, and Sour Patch Kids.

Mondelēz International (Nasdaq: MDLZ) has unveiled an evolution in its growth strategy, focusing on the chocolate, biscuits, and baked snacks categories. The company is increasing its long-term Organic Net Revenue growth algorithm to 3% - 5%, up from 3%+. Key strategies include reshaping the portfolio and enhancing distribution channels. Recent acquisitions are expected to add $2 billion in annual revenue, with a growth rate in the high single digits. The firm plans to invest $1 billion to lead in digital commerce and aims for 20% of revenues from digital by 2030.

Mondelēz International reported a 7.3% increase in net revenues for Q1 2022, driven by 8.6% organic net revenue growth and acquisitions. Diluted EPS declined 10.3% to $0.61, while adjusted EPS increased 13.9% to $0.84 on a constant-currency basis. The company generated $1.1 billion in cash from operating activities and returned $1.2 billion to shareholders. An agreement to acquire Ricolino will enhance its presence in Mexico. However, elevated input cost inflation remains a concern.

Mondelēz International (Nasdaq: MDLZ) has entered into an agreement to acquire Grupo Bimbo's confectionery business, Ricolino, for approximately $1.3 billion USD. This acquisition is set to enhance MDLZ's growth in the high-priority Mexican market by doubling its local business size and expanding its chocolate offerings. Ricolino, generating about $500 million USD in annual revenue, operates over 2,100 DSD routes reaching 440,000 outlets. The deal aims to provide synergies and increased market penetration, expected to close by late Q3 or early Q4 2022.

Mondelēz International (Nasdaq: MDLZ) has announced an investor update event scheduled for May 10, 2022, at 9:00 a.m. EDT. Chairman and CEO Dirk Van de Put, along with senior leadership, will discuss the company's business strategy and capital allocation plans. Investors and analysts can join the virtual event via the company's investor relations webpage. The event aims to provide insights into the company's future initiatives, supporting its position in the snack industry, which generated approximately $29 billion in net revenues in 2021.

Mondelēz International (Nasdaq: MDLZ) will release its Q1 2022 financial results on April 26, 2022, at 4:05 p.m. ET, followed by a conference call at 5:00 p.m. ET. Investors can join the call by calling 866-518-6930 (U.S.) or 203-518-9713 (international). A listen-only webcast will also be available on their website. A replay can be accessed until May 3, 2022. In 2021, Mondelēz reported approximately $29 billion in net revenues, featuring brands like Oreo, Cadbury, and Sour Patch Kids.