Mondelez International falls
Mondelez forecasts steep drop in annual profit on soaring cocoa prices
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, sending its shares down nearly 6% after the bell.
Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
This was the stock's third consecutive day of losses.
Stifel Nicolaus analyst Matthew Smith, CFA maintained a Buy rating on Mondelez International (MDLZ – Research Report) today and set a price ...
Snacks giant Mondelez International Inc (NASDAQ:MDLZ) shares are trading lower in premarket on Wednesday. The company ...
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 ...
Wells Fargo analyst Christopher Carey maintained a Hold rating on Mondelez International (MDLZ – Research Report) today and set a price target ...
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CHICAGO (AP) — CHICAGO (AP) — Mondelez International Inc. (MDLZ) on Tuesday reported fourth-quarter net income of $1.75 billion. On a per-share basis, the Chicago-based company said it had net income ...
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on BellRing Brands (BRBR – Research ...
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