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.
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CLIF Kid, the snack bar brand of Clif Bar, has attained Climate Neutral Certification, marking it as the first kids' snack bar brand to achieve this status. This certification underscores the brand's commitment to sustainability by measuring and compensating for its greenhouse gas emissions through verified offset projects. The initiative aims to inspire families to adopt eco-friendly practices while reinforcing consumer trust in brands focused on climate action. In celebration of this milestone, CLIF Kid is collaborating with partners like Climate Kids and athlete Tommy Caldwell to promote climate awareness among families. The achievement aligns with Clif Bar's broader sustainability goals, emphasizing a healthier planet for future generations.
On April 19, 2023, Mondelez International announced the opening of the first permanent OREO Café at Hamad International Airport in Doha, Qatar, marking a global first for the brand. This 116sqm café features a diverse menu, including OREO milkshakes, muffins, and live culinary creations at the OREO Creations Bar. The launch is part of an extensive marketing campaign in collaboration with Qatar Duty Free, which included high-visibility promotions and an airport takeover on OREO Day, March 6. Mondelez highlighted its commitment to innovative travel retail experiences with this venture, alongside a strong focus on customer engagement through social media and digital platforms. The company reported 2022 net revenues of approximately $31 billion and is a member of the S&P 500 and Nasdaq 100.
Mondelēz International (Nasdaq: MDLZ) has launched CoLab Tech, a new accelerator program for start-ups focused on food technology and sustainability. Applications are open for a 12-week curriculum starting in autumn 2023, seeking to address key challenges in three areas: sustainability, innovative ingredients, and process improvements. The program aims to enhance efficiency and environmental impact in food production by collaborating with emerging companies. Start-ups must have a minimum viable product and five employees, with a preference for diverse board representation. With 2022 revenues of approximately $31 billion, Mondelēz continues to lead in the snacking sector, emphasizing a commitment to sustainability and innovation.
Mondelēz International, Inc. (Nasdaq: MDLZ) will announce its Q1 2023 financial results on April 27, 2023, at 4:05 p.m. ET, followed by a conference call at 5:00 p.m. ET. Participants can join by calling 800-579-2543 (U.S.) or 203-518-9848 (international) approximately 10 minutes early. A listen-only webcast will be available on their official website. The conference call replay will be accessible until May 4, 2023. With approximately $31 billion in net revenues for 2022, Mondelēz is recognized for its popular brands like Oreo, Cadbury, and Toblerone. The company is part of the S&P 500 and Nasdaq 100. For further updates, visit their website or follow them on Twitter.
On April 5, 2023, SOUR PATCH KIDS announced its third annual "Mischief for Change" scholarship program, partnering with the Thurgood Marshall College Fund to offer $1 million in scholarships over five years to students at Historically Black Colleges and Universities (HBCUs). This initiative has already supported 21 students, emphasizing the brand's commitment to empowering future leaders. Additionally, the "Sample Our Schools" program invites HBCU marching band fans to create custom music mixes, promoting the diverse talents found in HBCUs. Applications for the scholarship are open until May 8, 2023.
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