Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...
A collaboration between Abertay University and a food biotechnology company has led to the development of an innovative solution to address the ongoing global cocoa shortage.
Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
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 ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...
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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 ...
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