Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
The Fed's preferred gauge showed inflation largely stuck in neutral, days after the central bank paused rate cuts.
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...
Snacks giant Mondelez International Inc (NASDAQ:MDLZ) shares are trading lower in premarket on Wednesday. The company reported fourth-quarter sales growth of 3.1% year-on-year to $9.60 billion, ...
In the heat of a turbulent year of soaring cocoa prices and political uncertainty, Mondelēz International managed to grow, ...
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world's biggest carmaker. The Japanese automakers had announced a plan to combine in December. Novo's Wegovy and ...
The Japanese automakers had announced a plan to combine in December. The tech giant's fast-growing cloud-computing business decelerated last quarter. Shares were off more than 7% after hours.
Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...
Good day, and welcome to the Mondelez International Fourth Quarter 2024 and Full Year Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Mondelez ...
Advanced Micro Devices posted higher quarterly revenue thanks to significant growth in its data-center business. The chipmaker said sales across its data-center division, which includes its artificial ...
CHICAGO - Snack food giant Mondelez International (NASDAQ:MDLZ) saw its shares drop 3.8% in after-hours trading on Tuesday after reporting fourth quarter results that fell short of analyst ...