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 (Nasdaq: MDLZ) has appointed Gustavo Valle as Executive Vice President and President of North America, effective March 1, 2022. Valle, with over 30 years of experience, previously led the Latin America division, driving significant growth. He will manage the $8.3 billion North American business, which includes major brands like Oreo and Triscuit. Valle succeeds Glen Walter, who departs for another opportunity. Valle's track record includes substantial share gains and revenue growth in the dairy sector during his tenure at Danone.
The Board of Directors of Mondelēz International (Nasdaq: MDLZ) has announced a regular quarterly dividend of $0.35 per share of Class A common stock. This dividend will be paid on April 14, 2022, to shareholders on record as of March 31, 2022. In 2021, the company reported net revenues of approximately $29 billion, highlighting its strong market position in over 150 countries with popular brands such as OREO, Cadbury, and Trident.
Mondelēz International (MDLZ) reported a strong performance in 2021, with net revenues rising by 8.0% to $28.72 billion, driven by 5.2% organic growth, favorable currency, and acquisitions. Diluted EPS increased by 23.1% to $3.04. Fourth quarter results showed a 4.9% revenue increase, but diluted EPS fell 11.3% to $0.71. The company returned $3.9 billion to shareholders over the year. For 2022, MDLZ anticipates 3+% organic revenue growth and high single-digit adjusted EPS growth, despite expecting a 2.5%% currency translation impact.
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Mondelēz International released its third annual State of Snacking report, revealing that 64% of consumers prefer snacking over traditional meals, marking a 5% increase since 2019. The report highlights a growing trend towards mindfulness and well-being in snacking decisions. Key findings include that 85% of consumers snack daily for indulgence, and 86% value control over their choices. The survey also indicates that consumers increasingly seek snacks aligned with their values, with 78% focusing on low waste packaging. The insights aim to inform Mondelēz's strategy in becoming a leader in the snacking market.
Mondelēz International (Nasdaq: MDLZ) plans to release its fourth quarter 2021 financial results on January 27, 2022, at 4:05 p.m. ET, followed by a conference call at 5:00 p.m. ET. Interested parties can join the call by dialing in or via a listen-only webcast available on the company’s website. A replay of the call will be accessible until February 3, 2022. The company reported net revenues of approximately $27 billion for 2020 and operates in over 150 countries, featuring brands like OREO and Cadbury Dairy Milk.
Mondelēz International (Nasdaq: MDLZ) has completed the acquisition of Chipita Global S.A., a leader in the Central and Eastern European baked snacks market. This acquisition marks a significant milestone in Mondelēz's strategy to enhance its growth in the $65 billion global packaged baked snacks sector. Chipita, established over 40 years ago, serves two billion consumers in over 50 countries, bringing a strong portfolio, including beloved brands like 7Days. The integration aims to leverage Chipita’s distribution network and innovation capabilities, reinforcing Mondelēz’s position in fast-growing European markets.
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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 paid on January 14, 2022, to shareholders of record as of the close of business on December 31, 2021.
Mondelēz reported 2020 net revenues of approximately $27 billion and is recognized for brands like OREO, Cadbury, and Sour Patch Kids. The company is part of the S&P 500 and the Dow Jones Sustainability Index.
On December 9, 2021, TRISCUIT, in collaboration with the Partnership for a Healthier America (PHA), announced an initiative to provide 600,000 servings of fresh produce to 1,000 food-insecure families in Washington D.C.'s Ward 8 over 12 weeks. This program, part of PHA's Good Food for All initiative, aims to improve food access in areas with limited options. Families will receive weekly deliveries of high-quality fruits and vegetables along with recipes and TRISCUIT crackers. Since its launch in 2020, Good Food for All has provided over 15 million servings nationwide.