UPDATE 1-Mondelez results beat on higher snack demand, but Oreo maker pulls 2020 forecast [Reuters]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: Reuters
Mondelez results beat on higher snack demand, but Oreo maker pulls 2020 forecast (Reuters) - Mondelez International Inc ( MDLZ.O ) on Tuesday beat Wall Street estimates for quarterly results, driven by a strong demand in North America, even as the Oreo cookie maker withdrew its 2020 outlook, citing the uncertainty caused by the coronavirus pandemic. The rapid spread of the coronavirus outbreak that has claimed more than 211,000 lives and infected over 3 million across the globe, prompted people across the globe to stockpile essential supplies as well as snacks and chocolates. The Toblerone chocolate maker said it saw a significant increase in demand in March for its snacks in developed markets, particularly in North America. About 15% increase in sales in North America helped offset weakness in emerging markets. Revenue rose to $6.71 billion in the first quarter ended March 31 from $6.54 billion a year ago, beating analysts’ average estimate of $6.61 billion, according to IBES data
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MDLZ
News
- Mondelez International (NASDAQ:MDLZ) had its price target lowered by analysts at UBS Group AG from $63.00 to $60.00. They now have a "neutral" rating on the stock.MarketBeat
- Mizuho Retains an Outperform Rating on Mondelez International, Inc. (MDLZ) [Yahoo! Finance]Yahoo! Finance
- Here's What Supports Mondelez International's (MDLZ) Dominant Growth in the Industry [Yahoo! Finance]Yahoo! Finance
- Mondelez International to Report Q4/FY 2025 Financial Results on February 03, 2026GlobeNewswire
- Mondelez International (NASDAQ:MDLZ) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
MDLZ
Earnings
- 10/28/25 - Beat
MDLZ
Sec Filings
- 1/13/26 - Form 4
- 10/28/25 - Form 10-Q
- 10/28/25 - Form 8-K
- MDLZ's page on the SEC website