Mondelez Intl Stock Price, News & Analysis

The SOUR PATCH KIDS brand is launching the Mischief Tycoon Experience on Roblox, an immersive platform with millions of daily users. Set to release on June 14, 2024, this new experience allows fans aged 13 and up to engage in mischief and rebuild disrupted lands in a sour-then-sweet journey. Users can collect in-game currency and mischief points but cannot earn real currency. The experience features mini-games themed around SOUR PATCH KIDS fruit flavors, with rewards such as virtual fashion items, brand merchandise, and candy coupons available to the most engaged users. Additionally, -time Lemonade Loot Boxes will offer unique in-game prizes. This initiative aims to deepen fan engagement both in-game and in real life.

Mondelēz International’s 2023 Snacking Made Right report outlines the company's progress in meeting consumer preferences and ESG priorities despite global economic challenges. CEO Dirk Van de Put highlights significant investments in brand innovation, acquisitions like Clif Bar & Company, and sustainability milestones. Key achievements include transitioning to renewable energy and advancing regenerative agricultural practices. The company also aims for gender parity in leadership and net-zero carbon emissions by 2050. Notably, Mondelēz has been recognized as one of the most sustainable and responsible U.S. companies. Despite rising cocoa prices, the company remains focused on sustainable sourcing and long-term growth.

The press release details insights from a recent event at Mondelēz International's headquarters that discussed the future of the consumer packaged goods (CPG) sector. With economic volatility and changing consumer demands, innovation is critical. Mondelēz's State of Snacking report reveals that two-thirds of consumers prefer brands aligning with their values, and 63% seek environmentally friendly snacks. Despite this, a disconnect exists between consumer intentions and actions, often due to availability, price, or convenience issues. Leaders emphasized the need to simplify sustainability and enhance communication about product benefits. The event also highlighted the significance of understanding consumer behavior and leveraging scientific evidence to build trust and drive innovation.

Mondelēz International (NASDAQ: MDLZ) announced that its Chief Financial Officer, Luca Zaramella, will present at the 4th Annual Evercore ISI Consumer & Retail Conference on June 13, 2024, at 10:15 a.m. ET.

The presentation will be accessible through a listen-only webcast on the company's investor relations website, with a replay option available for later viewing.

Mondelēz International announced that CEO Dirk Van de Put and CFO Luca Zaramella will participate in a fireside chat at the Deutsche Bank Global Consumer Conference on June 4, 2024, at 05:15 p.m. CEST.

Interested parties can access a listen-only webcast and a replay on the company's investor website.

Mondelēz International has inaugurated its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, investing over $5 million USD. This new facility aims to enhance innovation and product development across Southeast Asia, Australia, New Zealand, and Japan. The lab will serve as a Centre of Excellence, promoting co-innovation and creative development in the biscuits and baked snacks category.

Established within the existing Singapore Technical Centre, this lab expands on capabilities in Product Development, Packaging, Process Technology, Consumer Science, Analytical Science, Ingredient Research, and Regulatory Affairs. The facility aims to accelerate Mondelēz’s mission to create 'the right snack, for the right moment, made the right way' and supports the company's focus on mindful snacking, portion balance, and flavor innovation.

The Board of Directors of Mondelēz International (Nasdaq: MDLZ) announced a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend will be payable on July 12, 2024, to shareholders who are on record as of the close of business on June 28, 2024.

Mondelēz International announced the opening of applications for the second year of its CoLab Tech program, an R&D accelerator targeting start-ups in nutrition, ingredients, packaging, and sustainability. The program will select up to ten companies, offering an 8-week curriculum featuring virtual sessions, one-on-one mentorship, and potential for proof-of-concept testing. This initiative aligns with Mondelēz's strategy to drive innovation in chocolate, biscuits, and baked snacks, providing early access to new technologies that could lead to breakthrough products. The program is open to global start-ups with a minimum viable product and at least five employees. Diverse and minority board members are a plus for selection.

The OREO brand announced a collaboration with Lucasfilm to release Special Edition Star Wars OREO Cookie Packs. The packs, debuting on May 30 for presale and in stores from June 10, will feature either dark side or light side themed OREO cookies with red or blue creme, respectively. Each pack includes 10 different character embossments from the Star Wars universe. Additionally, the packaging includes artwork by Greg Hildebrandt, renowned Star Wars poster artist. This -time product aims to enhance OREO's cultural relevance and provide fans with a unique and engaging experience.