Mondelez Intl Stock Price, News & Analysis

Chips Ahoy! has announced a collaboration with sneaker designer Dominic "The Shoe Surgeon" Ciambrone, inviting fans to design a new sneaker for its animated mascot Chip. This initiative includes a $100,000 donation to Boys & Girls Clubs of America for arts programming, with each entry in the Chip's Kicks Sneaker Sweepstakes generating a $5 donation (up to $20,000). Prizes include custom sneakers and a chance to attend a shoemaking workshop. The campaign not only engages teens creatively but also supports a charitable cause.

Mondelēz International's SnackFutures has launched CoLab, a collaborative program for US-based early-stage well-being snack brands, set to begin in June 2021. Selected start-ups will receive a $20,000 grant and a tailored 12-week curriculum that includes mentorship, workshops, and access to Mondelēz’s resources. The program aims to support brands recovering from the COVID-19 pandemic, enhancing growth through shared expertise. Start-ups need to generate at least $500,000 in revenue and align with Mondelēz's innovation priorities to apply.

Conagra Brands has partnered with SOUR PATCH KIDS to launch a new range of Juicy Gels, available in REDBERRY and Blue Raspberry flavors. Made with real sugar, these gluten-free gels contain 0 grams of fat and 100 calories per serving, priced at $2.79 per pack. This collaboration aims to enhance consumer snacking experiences by combining the iconic flavors of both brands. Available in grocery stores and online from early February 2021, this initiative aligns with Conagra's commitment to innovation and growth in their food portfolio.

The Board of Directors of Mondelēz International (NASDAQ: MDLZ) has declared a quarterly dividend of $0.315 per share, payable on April 14, 2021. This dividend is available to shareholders who are on record as of the close of business on March 31, 2021. Mondelēz generated approximately $27 billion in net revenues for 2020, boasting a portfolio of popular brands including OREO, Cadbury Dairy Milk, and Trident. The company is also recognized in the S&P 500 and Dow Jones Sustainability Index.

Mondelēz International (NASDAQ: MDLZ) announced that its Chairman and CEO, Dirk Van de Put, along with CFO, Luca Zaramella, will be presenting at the Consumer Analyst Group of New York (CAGNY) Virtual Conference. The event is scheduled for February 16, 2021, at 1:50 p.m. ET. Investors and interested parties can access a live webcast of the presentation on the company's website, with a replay also available afterward. Mondelēz International is a leader in the snack industry, generating approximately $27 billion in net revenues in 2020 and offering popular brands like OREO, Cadbury, and Trident.

Mondelēz International reported a 2.8% increase in net revenues for FY 2020, driven by a 3.7% growth in Organic Net Revenue. However, diluted EPS decreased 8.2% to $2.47, while adjusted EPS rose 6.5% on a constant-currency basis. Free Cash Flow reached $3.1 billion, up $0.1 billion year-over-year. In Q4 2020, net revenues improved by 5.6%, with a diluted EPS of $0.80, a 60.0% increase. The company returned $3.1 billion to shareholders throughout the year, including a resumption of share repurchases.

Hometown Food Company announces the launch of the Funfetti® OREO® baking line, combining two beloved brands. Available starting February 2021, the lineup includes five products featuring real OREO® cookie pieces: vanilla and chocolate cake mixes, frosting, brownie mix, and pancake & waffle mix. To celebrate, a digital baking contest with judges Duff Goldman and Matthew Merril will take place. Participants can submit entries until January 26, with winners announced in March. Retail prices will range from $1.30 to $4.00.

Mondelēz International (NASDAQ: MDLZ) is set to release its fourth quarter 2020 financial results on January 28, 2021, at 4:05 p.m. ET. A conference call will follow at 5:00 p.m. ET, with participants encouraged to join at least 10 minutes early. A listen-only webcast will be available on the company's website, and a replay will be accessible until January 30, 2021. In 2019, MDLZ reported net revenues of approximately $26 billion, leading the snacking industry with popular brands like OREO and Cadbury Dairy Milk.