Mondelez (MDLZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JDE Peet's also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it's sales have put it on track to achieve its full-year outlook
German conglomerate JAB said on Monday it will acquire Mondelez's minority stake in Dutch coffee maker JDE Peet's in a 2.2 billion euro ($2.4 billion) deal that will increase JAB's holding to 68%.
MDLZ is focusing on executing its long-term growth strategies and reshaping the portfolio while effectively navigating challenges like rising input costs.
Mondelez (MDLZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In a move that highlights the growing shift toward healthier bakery options in the UK, Oreo cookies maker Mondelēz International has made a first minority investment in local startup, Urban Legend, through its venture unit SnackFutures. Financial details were not disclosed.
While MDLZ's growth initiatives and market positioning are promising, cost inflation and the current economic environment raise concerns.
Mondelez is gaining on pricing initiatives, cost control and a focus on core categories, while high cocoa prices and inflationary pressures raise concerns.
Mondelez is acquiring a majority stake in Evirth to enhance its presence in the growing cakes and pastries market as part of its broader strategic focus.
Mondelez International: Is It Time To Buy The Snacking Firm
Mondelez is a global snack company that has raised its annual dividend without fail for more than 20 years. Visa is a market leader in payment processing and has upped its payout consistently for over 15 years.
MDLZ is benefiting from its focus on core categories and efficient pricing actions amid a tough operating landscape and cost inflation.