Mondelez (MDLZ) Q1 Earnings Top Estimates, Organic Sales Grow [Yahoo! Finance]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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mondelezinternational.com/investors
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Source: Yahoo! Finance
MDLZ began 2024 on a strong note, with the first-quarter top and bottom lines rising year over year and surpassing the respective Zacks Consensus Estimate. Robust top-line results, earnings and free cash flow generation can be attributed to effective pricing strategies, efficient cost management and impressive momentum in emerging markets. Despite encountering a challenging and dynamic operating environment, management remained focused on executing the long-term growth strategy. The company continues to reinvest in its brands, expand distribution channels and leverage synergies from recent acquisitions to ensure sustainable long-term growth. During the quarter, Mondelez's core categories of chocolate, biscuit and baked snacks continued to show significant resilience and lower elasticity compared to the broader food universe. Management stated that consumer confidence varies by region, with North America and Australia/New Zealand displaying mixed signals, Europe seeing improvement
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High impacting Mondelez International, Inc. - Class A news events
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MDLZ
News
- The OREO Brand collaborates with Lucasfilm to Launch New Special Edition STAR WARS™ Cookie PacksPR Newswire
- CLIF BAR Re-Launches “Loop the Lincoln” to Advance Organic Food and Farming InitiativesGlobeNewswire
- Mondelez International Showcases Sweet Collaborations & Omnichannel Expertise at Sweets & Snacks ExpoGlobeNewswire
- Alexander MacDonald's Top Picks: May 8, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- Cocoa-Free Chocolate Maker Voyage Foods Raises $52 Million [BNN Bloomberg (Canada)]BNN Bloomberg
MDLZ
Earnings
- 4/30/24 - Beat
MDLZ
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/29/24 - Form DEFA14A
- MDLZ's page on the SEC website