Previous Close | 42.06 |
Open | 43.65 |
Bid | 40.14 x 0 |
Ask | 40.68 x 0 |
Day's Range | 42.06 - 42.06 |
52 Week Range | 29.84 - 43.65 |
Volume | |
Avg. Volume | 0 |
Market Cap | 5.351B |
Beta (5Y Monthly) | 0.13 |
PE Ratio (TTM) | 5.35 |
EPS (TTM) | 7.86 |
Earnings Date | Jun 11, 2024 |
Forward Dividend & Yield | 0.80 (1.90%) |
Ex-Dividend Date | Dec 20, 2023 |
1y Target Est | N/A |
Inflation and the resulting cost of living crisis have put pressure on retailers and consumer goods companies to keep prices low and made negotiations between them more tense. Colruyt said Mondelez, which also produces Stimorol chewing gum and Philadelphia cream cheese, had asked for an additional price increase after an agreement for 2023 had already been finalised.
Belgian supermarket chain Colruyt said its supplies of Mondelez products, such as Milka chocolate and Lu and Oreo biscuits, have been halted during a dispute over price increases by the food producer. Inflation and the resulting cost of living crisis have put pressure on retailers and consumer goods companies to keep prices low and made negotiations between them more tense. Colruyt said Mondelez, which also produces Stimorol chewing gum and Philadelphia cream cheese, had asked for an additional price increase after an agreement for 2023 had already been finalised.