Welcome to our dedicated page for Mondelez Intl news (Ticker: MDLZ), a resource for investors and traders seeking the latest updates and insights on Mondelez Intl stock.
Mondelēz International, Inc. develops and markets global snack brands across biscuits and baked snacks, chocolate, gum and candy, beverages, and cheese and grocery categories. News for MDLZ commonly covers earnings releases, pricing and volume trends, input costs, advertising and promotion spending, productivity, cash flow, and returns of capital to shareholders.
Company updates also include product innovation and brand campaigns for names such as Oreo, Ritz, Chips Ahoy!, Cadbury, Toblerone, CLIF, LUNA, Nilla, Sour Patch Kids, Swedish Fish, BelVita, LU, Tate's Bake Shop, Milka, and Toblerone. Other recurring developments include limited-edition collaborations, retail promotions, manufacturing investments, and capacity or innovation projects within the company's global snack portfolio.
Mondelēz International reported Q1 2024 results with net revenues increasing by 1.4% driven by Organic Net Revenue growth of 4.2%. Despite a challenging operating environment, the company posted solid top-line results with strong pricing execution and effective cost management. Diluted EPS was $1.04, down 31.6%, while Adjusted EPS was $0.95, up 16.3%. Cash provided by operating activities was $1.3 billion, with a return of capital to shareholders at $1.1 billion.
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