If urgent action isn’t taken, key cocoa-producing regions like Ivory Coast and Ghana — responsible for 60 percent of the world’s cocoa output — could become unsuitable for cultivation within the next ...
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.
It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
We recently published an article titled Jim Cramer’s Thoughts On These 8 Stocks and the Packaged Goods Playbook. In this ...
Mondelez International Inc., Chicago, has terminated one of its U.S. pension plans and completed a buy-in transaction that ...
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
Shares in chocolate and snacks maker Mondelez International (MDLZ) were looking less appetizing today after several analysts served up ...
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, ...
The stock of Mondelez International is down 5% after the snack food company reported mixed financial results for the fourth and final quarter ...
Stripping out certain one-time items, adjusted earnings per share was 65 cents, behind the 66 cents forecast of analysts, surveyed by FactSet. Mondelez said adjusted earnings per share decreased 16% ...
and shift to non-chocolate confections on higher prices, Mizuho’s John Baumgartner said. For Mondelez (MDLZ), the outlook is less gloomy since cocoa only represents ~12% of COGS resulting in a ...
For valuable insights into Mondelez International's market performance ... enclave with a presence in the biscuit (49% of sales), chocolate (30%), gum/candy (12%), beverage (3%), and cheese ...