McCormick aims to ‘derisk' ERP implementation [Yahoo! Finance]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
McCormick is trying to sidestep some of the difficulties that accompany major technology overhauls amid an ongoing ERP upgrade, executives said during the food company's Q2 2025 earnings call in June CEO, President and Chairman Brendan Foley told investors that the company has pivoted its ERP implementation plan to “derisk” the process by moving away from a “big bang” to a functional deployment approach. The shift will add time to the rollout, but smooths out investment periods, he said. “You should not see a peak of investments regarding the ERP implementation going into next year,” Foley said. “We'll continue to invest in digital, in AI and things like that, but specifically for the ERP, you should not see an increase in spend.” ERP implementations are an IT headache due to the complexity, the time it takes to complete and the difficulty of getting user buy-in. McCormick and many other companies are taking the plunge as migration deadlines loom and after years of relying on l
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News
- Mondelez International (NASDAQ:MDLZ) had its price target lowered by analysts at Bank of America Corporation from $69.00 to $62.00. They now have a "buy" rating on the stock.MarketBeat
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- Activist investor wants Ralph Lauren veteran to lead Lululemon [Yahoo! Finance]Yahoo! Finance
- Is Mondelez a Long Term Opportunity After Recent Share Price Weakness? [Yahoo! Finance]Yahoo! Finance
MDLZ
Earnings
- 10/28/25 - Beat
MDLZ
Sec Filings
- 10/28/25 - Form 10-Q
- 10/28/25 - Form 8-K
- MDLZ's page on the SEC website