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) 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.
On June 4, 2021, OREO announced a playful campaign inviting UFOs to enjoy its Double Stuf cookies. Senior Brand Manager Olympia Portale emphasized OREO’s mission to bring people together, extending this ethos to potential extraterrestrial life. The campaign encourages Americans to share cookies with everyone, promoting connection among all beings. With nearly $2.9 billion in annual global revenues, OREO remains the best-selling cookie of the 21st century, enjoying a robust following with over 40 million fans on Facebook.
Mondelēz International (Nasdaq: MDLZ) announced that Chief Financial Officer Luca Zaramella and EVP & President Europe Vinzenz Gruber will present at the Deutsche Bank Global Consumer Conference on June 9 at 07:00 a.m. CT. A listen-only webcast will be available on the company’s website, along with a replay post-event.
In 2020, Mondelēz reported net revenues of approximately $27 billion, offering renowned brands like OREO, Cadbury, and Sour Patch Kids in over 150 countries worldwide.
Mondelēz International (MDLZ) announced the acquisition of Chipita S.A., a key player in the Central and Eastern European baked snacks sector, for approximately $2 billion. This strategic move is expected to enhance Mondelēz's presence in the attractive $65 billion global packaged cakes category, adding $580 million in revenue from Chipita's renowned brands, including 7Days. The transaction aims for immediate earnings per share accretion and synergies through procurement and manufacturing. Chipita's strong growth trajectory and innovation capabilities align with Mondelēz's ambition to lead in broader snacking.
Mondelēz International (Nasdaq: MDLZ) announced that Chairman and CEO Dirk Van de Put, along with CFO Luca Zaramella, will present at the 2021 Bernstein Strategic Decisions Conference on June 2 at 11:00 a.m. ET. A listen-only webcast will be available on the company’s website, with a replay following the event. In 2020, Mondelēz reported net revenues of approximately $27 billion, with iconic brands like OREO, Cadbury, and Sour Patch Kids. The company is part of the S&P 500, Nasdaq 100, and Dow Jones Sustainability Index.
The Board of Directors of Mondelēz International (Nasdaq: MDLZ) has declared a quarterly dividend of $0.315 per share, payable on July 14, 2021. Shareholders on record as of June 30, 2021 will receive this dividend. Mondelēz reported approximately $27 billion in net revenues for 2020, showcasing its leadership in the snacking industry with popular brands like OREO and Cadbury. The company is recognized on notable indices, including the S&P 500 and Dow Jones Sustainability Index.
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