Food and Beverage Cos Play the Price is Right [Forbes]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: Forbes
Food And Beverage Companies Play The Price Is Right The Price is Right Hershey has been pushing up prices for a wide range of products, while Mondelez International hiked prices on Fig Newtons, Wheat Thins, Triscuits and other items. Nestlé, Unilever, and Coca Cola all announced the need to raise prices due to rising costs. Meanwhile, restaurant prices climbed faster than inflation. The Consumer Price Index in July was up 1.8 percent over last year, but restaurant prices were up 3.2 percent. After price cuts, Amazon raised and then cut prices again at Whole Foods. Food and beverage companies know getting the price right is almost as important as getting the product right. But how are they doing it, and is it working or driving consumers to competitors? Let’s take a look at Hershey, where CEO Michelle Buck talks about “price realization” as a “strategic focus.” Back on June 30, she said price increases announced last summer are “on track” with more set for Halloween. She announced hike
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News
- Mondelez International, Inc.'s (NASDAQ:MDLZ) Stock Is Going Strong: Have Financials A Role To Play? [Yahoo! Finance]Yahoo! Finance
- European Ice Cream Market Projected to Reach US$ 28.57 Billion by 2030 Amid Premiumization and Innovation Trends [Yahoo! Finance]Yahoo! Finance
- Global Chewing Gum Market Size To Worth USD 19.64 Billion By 2033 | CAGR of 3.57% [Yahoo! Finance]Yahoo! Finance
- Health & Wellness Food Market Projected to Reach $859.43 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
- Mondelez International’s Global R&D Team Opens Applications for Second CoLab Tech ProgramGlobeNewswire
MDLZ
Earnings
- 1/30/24 - Beat
MDLZ
Sec Filings
- 4/12/24 - Form PX14A6G
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- MDLZ's page on the SEC website