Oreo maker warns cocoa costs will drive down earnings per share 10%
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
MDLZ Stock Looking Less Sweet after Cocoa Costs Leave Analysts Cold
Shares in chocolate and snacks maker Mondelez International (MDLZ) were looking less appetizing today after several analysts served up ...
Chocolate Maker Mondelez Looking Less Sweet after Cocoa Fears Lead to Downgrade
Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa ...
Mondelez International Expects 2025 Earnings to Drop Amid Soaring Cocoa Costs
The company expects organic net revenue growth to be about 5% in 2025. It anticipates currency translation to decrease net revenue growth by about 2.5%, denting adjusted earnings per share by 12 cents ...
Oreo maker warns cocoa costs will drive down earnings
Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...