The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
It will be harder to find sweet deals on chocolate this Valentine's Day. In fact, the cost of chocolate might put a bitter ...
As cocoa prices continue to fluctuate on the higher end, cocoa powder and cocoa fat solutions may provide some relief for ...
Mondelez International, Inc. (NASDAQ:MDLZ), a global snack food and beverage powerhouse with a market capitalization of $75 ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Mondelez expects approximately 5% revenue growth for 2025, supported by revenue growth management (RGM) initiatives and price adjustments. Management acknowledged that adjusted EPS is expected to ...
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
(Bloomberg) -- Mondelez International Inc. shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost inflation” would drive down earnings this year.
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