Mondelez International’s Stock Drops 5% on Earnings Miss

Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
Mondelez International reported Q4 revenue of $9.60 billion, falling below estimates. While gross profit rose 6.9%, cocoa ...
Piper Sandler adjusted the price target for Mondelez International (NASDAQ:MDLZ) shares, reducing it to $56 from the previous $63, while retaining a Neutral rating on the stock. The stock, currently ...
Mondelez International, an American multinational confectionery, snack food, and beverage company, is now a $77 billion (by ...
Wells Fargo analyst Christopher Carey maintained a Hold rating on Mondelez International (MDLZ – Research Report) today and set a price target ...
Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors.
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive Officer Dirk Van de Put said the company was focused on navigating cocoa cost ...