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Stockreport

Mondelez rethinks chocolate innovation as high cocoa prices linger [Yahoo! Finance]

Mondelez International, Inc. - Class A (MDLZ)  More Company Research Source: Yahoo! Finance
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
This story was originally published on Food Dive . To receive daily news and insights, subscribe to our free daily Food Dive newsletter Mondelez International is reducing chocolate in some new launches and debuting more premium options as the Milka and Toblerone maker continues to feel the impact of high cocoa prices, its top executive said. Mondelez, the world's second-largest player in the $147 billion global chocolate market, said that while cocoa spot prices have come down significantly from their record high in late 2024, hedges put in place to protect the company are still weighing on its business. Large companies, such as Mondelez, typically purchase cocoa supplies nearly a year in advance of when their finished products reach store shelves — so they likely won't benefit from lower commodity costs until 2027, provided there isn't more unexpected volatility to rattle the cocoa market. Dirk Van de Put, Mondelez's CEO, told analysts at the Consumer Analysts Group of New Y [Read more]

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Stockreport

Mondelez rethinks chocolate innovation as high cocoa prices linger [Yahoo! Finance]

Mondelez International, Inc. - Class A  (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
This story was originally published on Food Dive . To receive daily news and insights, subscribe to our free daily Food Dive newsletter Mondelez International is reducing chocolate in some new launches and debuting more premium options as the Milka and Toblerone maker continues to feel the impact of high cocoa prices, its top executive said. Mondelez, the world's second-largest player in the $147 billion global chocolate market, said that while cocoa spot prices have come down significantly from their record high in late 2024, hedges put in place to protect the company are still weighing on its business. Large companies, such as Mondelez, typically purchase cocoa supplies nearly a year in advance of when their finished products reach store shelves — so they likely won't benefit from lower commodity costs until 2027, provided there isn't more unexpected volatility to rattle the cocoa market. Dirk Van de Put, Mondelez's CEO, told analysts at the Consumer Analysts Group of New Y [Read more]

IMPACT SNAPSHOT
EVENT TIME:
MDLZ
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS