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.
MissFresh (NASDAQ: MF) has teamed up with Mondelēz International (NASDAQ: MDLZ) to launch OREO Zero, a sugar-free cookie range, on its platform in China. Shoppers can receive these cookies within 30 minutes, targeting health-conscious consumers. The launch was highlighted by an OREO Super Brand Day on August 17, featuring Oreo Zero Cookies and rose-flavored Oreo Zero Thin Cookies. MissFresh is expanding its FMCG offerings, with 42% of gross merchandise value now from these goods, and aims to further enhance its product range while maintaining a focus on fresh produce.
On July 28, 2021, CHIPS AHOY!® announced the launch of its new Chewy CHIPS AHOY! Fudge Filled Cookies, a collaboration with HERSHEY'S. This product features a rich fudge-filled center, blending the classic CHIPS AHOY! taste with a fudge flavor. The cookies aim to enhance summer snacking, especially when paired with ice cream. Sabrina Sierant, Associate Director of CHIPS AHOY!, emphasized the cookie's role in creating enjoyable summer moments. Mondelēz International, which reported $27 billion in net revenues for 2020, continues to innovate in its cookies portfolio.
In Q2 2021, Mondelēz International (MDLZ) reported a 12.4% increase in net revenues, driven by 6.2% organic growth, favorable currency, and acquisitions. Diluted EPS rose to $0.76, up 100%. The company increased its quarterly dividend by 11% to $0.35 per share and returned $2.4 billion to shareholders in H1. Operating income was $872 million, reflecting a 22.3% increase. Full-year organic net revenue growth outlook revised to 4%+. Cash from operations totaled $1.8 billion, indicating strong financial health.
Give and Go Prepared Foods announced a voluntary nationwide recall of certain muffin products due to potential contamination with Listeria monocytogenes. This bacterium can cause serious infections, especially in vulnerable populations such as young children and the elderly. The recall is limited to specified products sold in retail stores across the U.S., and no other products from the company are affected. So far, there have been no reported illnesses, and consumers are advised to dispose of the recalled items immediately.
Mondelēz International, Inc. (Nasdaq: MDLZ) is set to release its second quarter 2021 financial results on July 27, 2021, at 4:05 p.m. ET. A conference call for investors and analysts will follow at 5:00 p.m. ET. Participants can join via phone or listen to a live webcast on the company’s website. A replay will be available until July 29, 2021. In 2020, MDLZ reported net revenues of approximately $27 billion, showcasing its strong presence globally with iconic brands such as OREO and Cadbury.
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SWEDISH FISH®, the leading fish-shaped candy in the U.S., has partnered with TerraCycle® to enable consumers to recycle their candy packaging for free. As of June 17, 2021, users can sign up online, send their packaging using prepaid labels, and earn points for charity. This initiative aligns with Mondelēz International's goals to promote sustainability in snacking. Each shipment processed contributes to cleaning the environment and allows consumers to support various charitable organizations. The program is open to individuals and organizations alike.
Mondelēz International (Nasdaq: MDLZ) announced that Glen Walter, EVP & President North America, will present at the Jefferies Virtual Consumer Conference on June 23 at 10:20 a.m. ET. A listen-only webcast of the event will be available on their official website, along with a replay afterward. In 2020, the company achieved net revenues of approximately $27 billion and is recognized for popular brands like OREO, Cadbury, and Trident. Mondelēz is a part of major indices, including the S&P 500 and Nasdaq 100.
Teddy Grahams partners with Save the Children for the 100 Days of Reading campaign to enhance children's learning during summer. This initiative addresses pandemic-related educational gaps, providing resources like weekly tips and curated book lists. Teddy Grahams commits $100,000 to support the campaign, which aims to offer fun reading opportunities and aid 750,000 children in underserved communities.
According to Save the Children, over half of families report decreased learning time for their children, making this collaboration crucial for recovery.
TRISCUIT has announced the first two recipients of its Missing Ingredients Project, aimed at enhancing access to fresh food in U.S. food deserts. Changemakers Max Kaniger and Asha Walker will each receive a $50,000 grant for innovative community programs addressing food insecurity. The initiative, launched with a $1 million commitment, supports efforts to improve nourishment in underserved areas. Approximately 19 million people in the U.S. live in food deserts, a challenge exacerbated by the pandemic.