MDLZ - Mondelez International, Inc.
| Previous Close | 53.08 |
| Open | 53.03 |
| Bid | 51.68 x 4000 |
| Ask | 0.00 x 2200 |
| Day's Range | 52.57 - 53.22 |
| 52 Week Range | 38.78 - 56.72 |
| Volume | 3,023,075 |
| Avg. Volume | 5,566,238 |
| Market Cap | 75.364B |
| Beta (3Y Monthly) | 0.80 |
| PE Ratio (TTM) | 19.46 |
| EPS (TTM) | 2.71 |
| Earnings Date | Jan. 28, 2020 - Feb. 3, 2020 |
| Forward Dividend & Yield | 1.14 (2.16%) |
| Ex-Dividend Date | 2019-09-27 |
| 1y Target Est | 61.16 |
- Bloomberg
Cadbury Candy Maker Sees ‘No Stopping of Growth’ in Demand
(Bloomberg) -- Indonesia may have lost its position as the world’s third-biggest cocoa producer because of slumping output, but its large population means the country is now an increasingly important market for chocolate, according to Mondelez International Inc.The owner of Cadbury and Toblerone brands sees chocolate consumption expanding strongly in Southeast Asia’s top economy, according to President Director of PT Mondelez Indonesia Sachin Prasad. One example is sales growth of 36% annually for Cadbury chocolate in the past three years, he said in an interview, and he expects sales to expand by more than 40% this year.The comments from Mondelez echo those from other executives from Olam International Ltd. to the International Cocoa Organization at a conference in Bali last week, who forecast strong consumption, especially in Asia, at a time of tight supply. The outlook for robust demand has helped push prices in New York to the highest level since May 2018.“People are spending a lot of time in commute, in traffic and everything, and lesser time is available for a proper meal,” Prasad said on Friday. “They’re engaging a little more time at their snack, so the number of snacking occasions is going up. There’s no stopping of growth” for chocolate overall, he said.Price is still an issue. To address that, Mondelez plans to sell more affordable chocolate -- at about one-third of the cheapest products in Indonesia -- to entice more consumer groups, Prasad said. In Asia, he sees Japan as one of the strong markets, driven mostly by local chocolate makers. The market is “very big, very mature, very evolved, and the moment that the consumer accepted the health benefits, it took a big upswing,” he said.Cocoa bean output in Indonesia has shrunk by more than half in the past decade as farmers battle disease and aging trees, and switch to more profitable crops such as palm oil. That’s turned the nation into a bean importer from major exporter. The ICCO estimates that the country may produce 220,000 tons of beans this year, making it only the world’s sixth-largest grower.The country bought a record amount of beans from overseas in 2018, and imports may rise further this year on higher grindings, according to the Cocoa Industry Association in May.To fix that, the Agriculture Ministry plans to start a long-term program to boost production to about 1.4 million tons by 2024 and to 2 million tons by 2045. Prasad called on cocoa stakeholders to work together to increase output. “If many parties can come together, the needle moves,” he said.Cocoa futures in New York for March delivery fell for the first time in seven days on Monday, declining 0.6% to $2,664 a ton.(Updates to add Monday price move in last paragraph)To contact the reporter on this story: Yoga Rusmana in Jakarta at yrusmana@bloomberg.netTo contact the editors responsible for this story: Anna Kitanaka at akitanaka@bloomberg.net, James PooleFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- GlobeNewswire
Mondelēz Global LLC Conducts Voluntary Recall of Limited Quantity of Cheese Nips (11 oz. Box) Product in the U.S. Due to Potential Presence of Foreign Material
Mondelēz Global LLC announced today a voluntary recall of a limited quantity of Cheese Nips (11 oz. Box) product in the United States due to the potential presence of small food-grade yellow plastic pieces from a dough scraper that was incorporated into the production process of a small amount of product. The company became aware of this issue when yellow plastic pieces were noticed on the manufacturing equipment.
- Yahoo Finance
Alibaba's 'Singles Day' shopping party gives a boost to U.S. brands
Among the standouts are Apple, Starbucks, Nike, Mondelez, and Estée Lauder.
- Reuters
Smaller, thinner, less sweet snacks? Mondelez makes health drive
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday. The online survey of 6,068 adults in 12 countries by the Harris Poll for Mondelez showed that 80% of consumers were looking for healthy, balanced snacks, although the same percentage was also still keen on indulgence. "We know consumers want options which is why we offer a range of products that taste great from wholesome to indulgent," Chris McGrath, vice president and chief of global impact, sustainability and wellbeing, told Reuters.
- Yahoo Finance
Oreo parent Mondelez wants to ride the global snack food wave
Millennials are snacking more than their older counterparts, according to a new Mondelez survey.
- GlobeNewswire
Mondelēz International Releases First-Ever State of Snacking™ Report Exploring Evolving Global Consumer Snacking Trends
Mondelēz International today announced the launch of its first-ever State of Snacking™ report, a global consumer trends study examining the role snacking plays across the world in meeting consumers’ evolving needs: busy modern lifestyles, the growing desire for community connection and a more holistic sense of wellbeing. The study reveals the rise of global snacking, underscored by regional parallels demonstrating how snacks are helping lead the future of food by delivering on the spectrum of needs that exists in our day-to-day lives.
- Thomson Reuters StreetEvents
Edited Transcript of MDLZ earnings conference call or presentation 29-Oct-19 9:00pm GMT
Q3 2019 Mondelez International Inc Earnings Call
- Zacks
These 6 Companies Own All Your Favorite Halloween Candy
Halloween is big business for top candy makers, and this year, Americans are projected to spend over $2 billion on Halloween candy.
- Zacks
Mondelez (MDLZ) Lifts View on Q3 Earnings & Revenue Beat
Mondelez International (MDLZ) reports better-than-expected earnings and revenues in third-quarter 2019. Also, management raises earnings and organic sales guidance.
- Zacks
Mondelez (MDLZ) Surpasses Q3 Earnings and Revenue Estimates
Mondelez (MDLZ) delivered earnings and revenue surprises of 4.92% and 0.68%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Mondelēz International Reports Q3 Results and Raises Full-Year Outlook
Net revenues increased 1.1% driven by Organic Net Revenue1 growth of 4.2% reflecting balanced volume/mix and pricing, offset by unfavorable currency impactsDiluted EPS was.
- Investing.com
Mondelez Earnings, Revenue Beat in Q3
Investing.com - Mondelez (NASDAQ:MDLZ) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
- Yahoo Finance
Boeing CEO heads to Capitol Hill — What to know in markets Tuesday
Boeing CEO Dennis Muilenburg will take the spotlight Tuesday when he faces Congress on the one-year anniversary of the Lion Air crash.
- Zacks
Food Stocks Queued Up for Earnings: MDLZ, K, SMPL & BGS
Rising commodity and logistics costs are likely to have dented quarterly performance of most companies in the food space. Nevertheless, cost-saving efforts are expected to have offered some respite.
- Zacks
Factors Setting the Tone for Mondelez's (MDLZ) Q3 Earnings
Benefits from strong brands in the snacking arena are likely to shown on Mondelez's (MDLZ) Q3 performance. However, high input costs and adverse currency rates are concerns.
- GlobeNewswire
Mondelēz International to Report Q3 Earnings on October 29, 2019
DEERFIELD, Ill., Oct. 10, 2019 -- Mondelēz International, Inc. will release its third quarter 2019 financial results on Tuesday, October 29, 2019 at 4:05 p.m. ET and will host.
- Bloomberg
Doritos, Snickers and Pizza Are Under Attack
(Bloomberg Opinion) -- Why should society permit the existence of food companies that contribute to poor health? The standard answer is that people should be allowed to make bad choices about what they eat and drink. But that’s a slippery defense when the consumers are children and the choices they face are loaded against their wellbeing, as Thursday’s British government report on childhood obesity makes clear.The snacks industry — from Mondelez International Inc. to Coca-Cola Co. and from Nestle SA to the Kraft Heinz Company — needs to rethink its purpose, and strategy, if its license to operate is to endure.Former U.K. chief medical officer Professor Sally Davies, the report’s author, cites multiple causes for a saddening rise in obesity among England’s 10-11-year-olds since 1990. The giant food brands are only part of the problem but that hardly absolves them from leading the solution. As Davies says, cheap unhealthy food tends to be the most readily available. Portion inflation is rampant. Advertising or sponsorship is pervasive. Healthy options are often unaffordable for those on low incomes, while the unhealthy options are cheap.Davies’s recommendations include some radical ideas. The U.K. public may be banned from eating and drinking on public transport. Industry faces calorie caps on food portions consumed “out-of-home,” tiered VAT on unhealthy food, plain packaging and the end of tax deductibility of marketing costs for unhealthy products. These may just be proposals. But the direction of travel is clear.This is what happens when an industry fails to self-regulate to mitigate its worst effects. Governments wake up. The food and drink industry is a big employer and a big taxpayer. Even so, the economics favor intervention. The medical costs of obesity, coupled with lost productivity, are 3% of global GDP, according to McKinsey research from 2014. Today’s unhealthy children are tomorrow’s sick workforce.The U.K. Food and Drink Federation, the lobby group, says “punitive action” might hinder continuing the progress the manufacturers have already made in cutting salt, sugar and calories from their products over the last four years. It says the industry must “take the consumer with us.” The question is whether it is taking itself and its customers to an early grave. The industry needs to see this problem as an opportunity not a threat. First, it should be clear about its role in society. Making treats that people want to eat can be a good reason for a corporation to exist, but not when it adds to a public health crisis. This doesn’t mean PepsiCo Inc. ending production of Doritos. But it does mean defining responsibly what the target market — and age group — is for such products. And it requires combining marketing with education.At the same time, food manufacturers should redouble their efforts to innovate healthier, cost-effective alternatives to sugar and salt. This is a chance for the food giants to think about the huge market for healthy snacks. Food technology has a vital role here and it’s best mediated by the private sector. R&D has already helped, as with the development of Nestle’s so-called hollow sugar.This week the OECD proposed reforms to corporate taxation, which would allow governments to tax digital companies that generate revenues in countries where they have no physical presence. The food industry faces a similar revenue challenge. Its products will be subject to extra taxes in certain markets until they start to use their well-funded research labs to help meet national health objectives.It’s not clear that the sector sees obesity as a strategic issue yet. Unilever NV is recycling plastic packaging but still aiming to sell lots more Ben & Jerry’s ice cream. The debate among investors about what stocks to divest centers on fossil fuels right now. If food companies don’t act, they’ll join tobacco and oil in the sin bin.\--With assistance from Lara Williams.To contact the author of this story: Chris Hughes at chughes89@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Thomson Reuters StreetEvents
Edited Transcript of MDLZ earnings conference call or presentation 30-Jul-19 9:00pm GMT
Q2 2019 Mondelez International Inc Earnings Call
- Zacks
Why Mondelez (MDLZ) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mondelez (MDLZ) have what it takes? Let's find out.
- Yahoo Finance
How snacking giant Mondelez plans to make the Oreo the 'world's cookie'
The famed creme-filled chocolate-flavored cookie favorite is already a multi-billion dollar brand.
- Zacks
The Zacks Analyst Blog Highlights: Intel, Adobe Systems, Mondelez International, Morgan Stanley and Arista Networks
The Zacks Analyst Blog Highlights: Intel, Adobe Systems, Mondelez International, Morgan Stanley and Arista Networks
- Baystreet
PLUS Products Following Playbook to Successful CPG Cannabis Company
"I do one thing at a time. I do it very well. And then, I move on." That may have been the mantra of ...
