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.
Chips Ahoy! celebrates its 60th birthday with the Happiest Birthday Party, offering fans a unique experience aboard a private yacht in Miami. The brand is hosting a sweepstakes from March 13 to May 15, where two winners can enjoy a day filled with fun, including cookie-shaped water floaties, mocktails, and entertainment. Additionally, 300 participants will receive limited-edition birthday kits designed by streetwear artist Vandy The Pink. The brand is also launching its Chewy Confetti Cake Flavored Cookies to celebrate this milestone. For contest details, visit ChipsHappiestBirthday.com.
Mondelēz International highlights its leadership journey in Sweden and Finland through a recent press release. The Managing Director shares insights into the company's growth, emphasizing brand success and a commitment to sustainability, including an 88% reduction in CO2 emissions in transportation. The company's engagement with the Swedish football association aims to empower female coaches, fostering diversity and role models within the industry. The leadership team encourages aspiring women leaders to embrace challenges, stay curious, and seek diverse experiences for personal growth. Marabou, a beloved chocolate brand, also receives recognition.
Mondelēz International has announced a significant investment in renewable energy by signing a 12-year Virtual Power Purchase Agreement with GoldenPeaks Capital in Poland. This partnership will provide approximately 126 gigawatt hours of carbon-free electricity annually, contributing to Mondelēz's aim of achieving net zero greenhouse gas emissions by 2050. The initiative will offset the carbon footprint of eight production plants in Poland, saving over 1 million metric tons of CO2 during the agreement's duration. Energy production is set to commence in March 2023, supporting Mondelēz's ambition to create a more sustainable snacking company.
Mondelēz International released its fourth annual State of Snacking report, revealing that snacking remains a preferred choice over traditional meals for the fourth consecutive year. The report, developed with The Harris Poll, indicates that 71% of consumers snack at least twice daily, with 55% replacing meals with snacks. Notably, 78% of respondents report mindful snacking, and 72% prefer sustainable snack options. Amid rising costs, consumers still consider snacks essential, with many ready to pay a premium for sustainable products. The findings emphasize the evolving role of snacking in modern consumer habits, outlining a growing demand for responsible consumption.
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The TRISCUIT Crackers brand has launched a new advertising campaign titled "Unapologetically Wholesome," featuring celebrity chef Gordon Ramsay. This initiative aims to celebrate authenticity and wholesome living, aligning with consumer preferences for real products. The campaign highlights the crunchiness and wholesome qualities of TRISCUIT Crackers and is designed to resonate with the brand's 120-year heritage. The advertisements will be showcased nationally on TV and across digital platforms, including Ramsay's TikTok, where he will engage with fans through unique recipes involving TRISCUIT Crackers.
Mondelēz International (Nasdaq: MDLZ) recently outlined its growth strategies at the 2023 CAGNY Conference. The company is focusing on its core categories, including well-known brands such as Oreo, Cadbury Dairy Milk, and Tate’s Bake Shop. The marketing and sales transformation aims to enhance consumer connectivity through a digital approach. CEO Dirk Van de Put emphasized a shift towards profit growth and executing high-return investments. Key strategies include driving execution in chocolate and snacks, enhancing brand strength, and pursuing growth-accretive M&A, backed by a robust 2022 revenue of approximately $31 billion.
On February 7, 2023, Mondelēz International (Nasdaq: MDLZ) announced that its leadership team, including Dirk Van de Put, Luca Zaramella, and Martin Renaud, will participate in the Consumer Analyst Group of New York (CAGNY) Conference on February 21 at 3:00 p.m. ET. A listen-only webcast will be available on the company's website, with a replay option provided afterwards. Mondelēz, with 2022 net revenues of approximately $31 billion, operates in over 150 countries, featuring renowned brands like Oreo, Cadbury, and Toblerone.
On February 1, 2023, Mondelēz International (Nasdaq: MDLZ) announced a quarterly dividend of $0.385 per share of Class A common stock. This dividend will be payable on April 14, 2023, to shareholders recorded as of the close of business on March 31, 2023. In 2022, the company reported net revenues of approximately $31 billion, showcasing its position as a leader in the snacking industry with renowned brands like Oreo, Ritz, and Cadbury Dairy Milk. Mondelēz is part of the Standard and Poor’s 500 and the Dow Jones Sustainability Index.
SOUR PATCH KIDS has launched the SOUR PATCH KIDS Sour Hearts candy, featuring a unique Black Raspberry flavor and a new heart shape, in celebration of Valentine's Day. Additionally, the brand introduces the Sour Hearts Social Club, an exclusive dinner event for singles on February 13, 2023, at The Allis at Soho House, Chicago, available via OpenTable. Reservations are free and include culinary delights and mocktails with the new candy. The Sour Hearts candy can be purchased at major retailers in limited sizes, priced at $3.00 and $1.25. This initiative aims to engage fans and offer a fun, non-romantic Valentine's Day experience.