MDLZ - Mondelez International, Inc.
| Previous Close | 50.26 |
| Open | 50.60 |
| Bid | 51.45 x 1100 |
| Ask | 51.84 x 1300 |
| Day's Range | 50.31 - 51.52 |
| 52 Week Range | 41.19 - 59.96 |
| Volume | 5,071,279 |
| Avg. Volume | 6,719,519 |
| Market Cap | 73.429B |
| Beta (5Y Monthly) | 0.62 |
| PE Ratio (TTM) | 20.24 |
| EPS (TTM) | 2.54 |
| Earnings Date | Jul. 28, 2020 |
| Forward Dividend & Yield | 1.14 (2.27%) |
| Ex-Dividend Date | Jun. 29, 2020 |
| 1y Target Est | 60.78 |
- Zacks
This is Why Mondelez (MDLZ) is a Great Dividend Stock
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.
- Zacks
Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - June 25, 2020
Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.
- Bloomberg
Darkened Duty-Free Shops Are Fueling a Worldwide Chocolate Glut
(Bloomberg) -- When commodity analyst Judy Ganes spent 36 hours flying home from a business trip to Asia, it was what she didn’t see that stuck with her.In the four airports she passed through, Ganes found almost no food courts or duty-free shops open for business. No snow globes. No t-shirts. No special liquor bottles. And perhaps most importantly, no Toblerone and other specialty chocolates that are ubiquitous in international terminals.Ganes’ experience underscores the challenge facing sellers of not just candy but also spirits, with the airline industry still hampered by some travelers’ reluctance to fly and travel restrictions in some countries. The drop in duty-free sales has exacerbated the global economic downturn that’s thrown the $107 billion chocolate market into disarray, helping turn a global deficit into a glut.“There’s no question the virus has been a hit for the duty-free industry across the board and chocolate is caught in it,” said Michael Payne, president of the International Association of Airport Duty Free Stores. “If you don’t have international flights and you don’t expect them to come back as quickly as domestic flights, then this pain is going to continue.”There were 471,421 airline passengers in the U.S. on June 23, compared with 2.51 million on the same weekday a year earlier, according to the Transportation Security Administration.On her journey from Palau, Micronesia -- where she was grounded for two months after the nation imposed lockdowns to stem the spread of coronavirus -- to Newark, New Jersey, Ganes saw few signs of life.“In Honolulu, there was a gift shop open to buy chocolate-covered macadamia nuts, some kids books and games, smoked tuna jerky,” Ganes said. “In San Francisco all closed. In Newark, the only thing open was one grab and go place that had a rack with chips and gummies for 50% off.”The International Monetary Fund lowered its outlook for the world economy, signaling a further hit to cocoa consumption, which tends to closely follow gross domestic product. The demand woes are inflicting another blow to processors of the cocoa beans, already facing rising costs in part because of sustainability initiatives in West Africa, which accounts for about two-thirds of world supplies.Top producers Ivory Coast and Ghana announced that starting with the 2020/21 crop, they would add a $400 a ton premium on their beans in a bid to boost farmer income. That’s pressuring margins for the world’s top makers of bulk chocolate, as well as chocolatiers such as Lindt & Spruengli, at a time when consumption faces headwinds from several fronts.Olam International Ltd., the third-largest processor, now expects global grindings to fall 1.5% this season, the first drop in four years. Some analysts are calling for bigger declines.Mondelez International Inc. said in April that its world travel retail section is expected to see significant declines. The company has previously said travel represents about a third of the demand for Toblerone.Brown-Forman Corp., the makers of Jack Daniels, said in a June 9 earnings call that its global travel retail segment, which includes duty-free sales, was down around 65%.Fewer CruisesIt’s not just the lack of airport sales that’s dragging down cocoa. Chocolate-heavy events such as weddings have been postponed or canceled and cruise bookings are way down.Peter Liszewski, a retired federal government worker living in Fort Lauderdale, Florida, typically takes three to five cruises a year, which include a chocolate placed on the pillow every night. This year, he’s taking only one trip and has rebooked two of them for 2021. He also delayed a trip to Boston, where his nephew postponed his wedding.“Cruises won’t be happening for those large brands until early October at earliest,” said Brian Egger, a Bloomberg Intelligence analyst.Companies that cater to these segments are feeling the pinch, including Dufry AG, a major duty-free shop operator, as well as Sodexo SA and Compass Group LLC, two of the biggest companies catering to the food-service industry.Not all is completely dire though. Hershey Co., whose brands such as Hershey’s, Kisses, Reese’s, Brookside and BarkThins are available at airport duty-free locations worldwide, sees a shift that’s helping the company navigate the crisis.“The slowdown in air travel has certainly impacted retailers who operate within airports,” Jeff Beckman, a company spokesman, said by email. “But as Covid has changed how people are living their daily lives, we have seen volumes shift to other areas of retail and other pack-types, such as larger ‘take-home’ bags, e-commerce, and at-home baking and cooking products.”Still, slack demand will probably help flip the global market to a surplus of more than 300,000 tons from a deficit a year earlier, according to Eric Bergman, vice president at JSG Commodities in Connecticut.In the year ended June 14, U.S. sales of candy chocolate at traditional retail outlets fell 1.9% from a year earlier, while the average price advanced 4.7%, according to IRI, a Chicago-based market researcher.“It will take some time for demand to come back,” said Nick Gentile, managing partner for NickJen Capital Management in New York. “Now that the Covid cases are going up again, I think it will hurt more.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance Video
'Fast food with store fronts are going to be challenged,' McDonald's closes its Times Square flagship restaurant
Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss what’s moving the markets on Wednesday with Noah Hamman, AdvisorShares CEO.
- Zacks
Why Mondelez (MDLZ) is a Great Dividend Stock Right Now
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.
- Thomson Reuters StreetEvents
Edited Transcript of MDLZ.OQ earnings conference call or presentation 28-Apr-20 9:00pm GMT
Q1 2020 Mondelez International Inc Earnings Call
- Zacks
Mondelez's Pricing Strategies Bodes Well, Input Costs a Woe
Mondelez (MDLZ) is benefiting from efficient pricing and impressive savings plan. However, higher costs and unfavorable currency rates are troubling.
- GlobeNewswire
Mondelēz International to Present at the Evercore ISI Virtual Consumer & Retail Summit on June 16
CHICAGO, June 10, 2020 -- Mondelēz International, Inc. (NASDAQ: MDLZ) announced that Glen Walter, Executive Vice President and President, North America, will present at the.
- Zacks
Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - June 05, 2020
Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all about what financial planners call the accumulation and distribution phases of retirement planning.
- GlobeNewswire
Mondelēz International Announces Significant Packaging Innovation with Philadelphia Packaging Set to be Made with Recycled Plastic
Mondelēz International today announced that Philadelphia cream cheese sold across Europe is to be made with recycled plastic packaging, starting from 2022. The iconic brand will pioneer this packaging innovation, representing an important step in the company’s goal to reduce its impact on the environment and its commitment to use 5% recycled content across all plastic packaging. As the first major cream cheese brand using recycled plastic in its packaging, Philadelphia will scale an innovative technology that that keeps food safe and delicious but doesn’t end up in the environment, helping to advance a more sustainable future for plastic packaging.
- Zacks
Are You Looking for a High-Growth Dividend Stock? Mondelez (MDLZ) Could Be a Great Choice
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.
- GlobeNewswire
Mondelēz International Participates in JDE Peet’s IPO; Retains Significant Stake
Mondelēz International, Inc. (MDLZ) today announced its participation in JDE Peet’s admission to listing and trading of its ordinary shares on Euronext Amsterdam (Euronext Amsterdam: JDEP) and confirmed that it will be selling a portion of its stake in the coffee and tea company as part of the secondary component of JDE Peet’s offering. After settlement and depending on exercise of the over-allotment option, Mondelēz International’s stake in JDE Peet’s will be between 22.9 percent and 23.4 percent.
- Zacks
Mondelez (MDLZ) Down 1.4% Since Last Earnings Report: Can It Rebound?
Mondelez (MDLZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- GlobeNewswire
Mondelēz International to Present at the 2020 RBC Capital Markets Consumer & Retail Conference on May 27
CHICAGO, May 20, 2020 -- Mondelēz International, Inc. (NASDAQ: MDLZ) announced that Dirk Van de Put, Chairman and CEO, and Luca Zaramella, Chief Financial Officer, will present.
- Motley Fool
3 Top Food Stocks to Buy in May
Three consumer staples stocks in the food market that are demonstrating these characteristics include Beyond Meat (NASDAQ: BYND), Mondelez International (NASDAQ: MDLZ), and General Mills (NYSE: GIS). Continuing to do its best imitation of Tesla Motors and smoothly evade all the pitfalls that pundits forecast will bring its stock price crashing back to earth, Beyond Meat enjoys several favorable factors that may help sustain its winning streak.
- GlobeNewswire
Mondelēz International Declares Regular Quarterly Dividend of $0.285 per Share
CHICAGO, May 13, 2020 -- The Board of Directors of Mondelēz International, Inc. (NASDAQ: MDLZ) today declared a regular quarterly dividend of $0.285 per share of Class A common.
- Zacks
3 Investing Facts About Required Minimum Distributions You Need to Know - May 13, 2020
Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all about what financial planners call the accumulation and distribution phases of retirement planning.
- GlobeNewswire
Mondelēz International Accelerates Progress in Delivering against its Sustainability and Well-being Goals
Mondelēz International, Inc. (MDLZ) today published its 2019 Snacking Made Right Report, highlighting the company’s significant progress towards achieving its 2025 sustainable and mindful snacking goals. The report outlines Mondelēz International’s ongoing commitment to lead the future of snacking by leveraging its global scale to deliver positive change. The Snacking Made Right report includes Mondelēz International’s signature sustainable sourcing programs and approaches driven by the company’s purpose – to empower people to snack right by providing the right snack, for the right moment, made the right way.
- Zacks
Inside the Q1 Earnings Strength of Staples ETFs and Q2 View
Staples stocks had a decent Q1 earnings season but will see negative currency translations in Q2. Plus, not all players in the sector are immune to coronavirus-led lockdowns.
- GlobeNewswire
Mondelēz Global LLC Conducts Voluntary Recall of Limited Quantity of RITZ Cheese Cracker Sandwiches Family Size Product in the U.S. Due to Undeclared Peanut on Outer Packaging
Mondelēz Global LLC announced today a voluntary recall of a limited quantity of RITZ Cheese Cracker Sandwiches Family Size (21.6 oz. This recall is being conducted because the outer packaging indicates that the product is Cheese variety, while the individually-wrapped product contained in the package is Peanut Butter variety. The outer carton does, however, provide an allergen advisory statement indicating that the product “May contain peanuts.”
- Yahoo Finance
Kellogg CEO: 'People are eating more of our cereal'
Yahoo Finance speaks with Kellogg CEO Steve Cahillane about the state of the food maker amidst the coronavirus.
- Motley Fool
Mondelez International Inc (MDLZ) Q1 2020 Earnings Call Transcript
MDLZ earnings call for the period ending March 31, 2020.
- Motley Fool
Mondelez Reports Q1 Results, Beating Analyst Estimates by $100 Million in Revenue, $0.03 in EPS
Mondelez International (NASDAQ: MDLZ), owner of famous food brands like Oreo cookies, Cadbury Dairy Milk chocolate, Toblerone chocolate, and Trident chewing gum, released its first quarter 2020 earnings report today. Revenues grew 2.6% overall, while organic net revenue figures were even better, increasing by 6.4%. Earnings per share, or EPS, present a slightly more complex picture due to "unfavorable currency impacts."
- Yahoo Finance Video
Mondelez Q1 earnings beat revenue, profit expectations
Mondelez reported first quarter earnings that beat revenue and profit expectations. Yahoo Finance's Jen Rogers, Myles Udland, Rick Newman, and Akiko Fujita discuss.
- GlobeNewswire
Mondelēz International Reports Q1 2020 Results
Net revenues increased 2.6% driven by Organic Net Revenue1 growth of 6.4% partially offset by unfavorable currency impactsDiluted EPS was $0.52, down 17.5% due to unrealized.
