Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages. It serves supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food+ outlets through direct store delivery, company-owned and satellite warehouses, distribution centers, and other facilities, as well as through independent sales offices and agents, and e-commerce channels. The company was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. Mondelez International, Inc. was incorporated in 2000 and is based in Chicago, Illinois.
IPO Year:
Exchange: NASDAQ
Website: mondelezinternational.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $80.00 | Buy | Goldman |
7/31/2024 | $80.00 → $75.00 | Buy | DA Davidson |
2/1/2024 | $87.00 | Buy | Citigroup |
1/18/2024 | $78.00 → $80.00 | Buy | Deutsche Bank |
12/8/2023 | $83.00 | Buy | DA Davidson |
11/28/2023 | Hold → Buy | Argus | |
11/27/2023 | $75.00 → $83.00 | Sector Perform → Outperform | RBC Capital Mkts |
10/17/2023 | $75.00 | Neutral → Outperform | Exane BNP Paribas |
9/22/2023 | $84.00 | Buy | HSBC Securities |
9/13/2023 | $82.00 | Outperform | TD Cowen |
Stifel analyst Matthew Smith maintains Mondelez International (NASDAQ:MDLZ) with a Buy and lowers the price target from $80 to $75.
Barclays analyst Andrew Lazar maintains Mondelez International (NASDAQ:MDLZ) with a Overweight and lowers the price target from $80 to $76.
Bernstein analyst Alexia Howard maintains Mondelez International (NASDAQ:MDLZ) with a Outperform and lowers the price target from $90 to $88.
Deutsche Bank analyst Stephen Powers maintains Mondelez International (NASDAQ:MDLZ) with a Buy and lowers the price target from $78 to $75.
Mondelez International's (NYSE:MDLZ) short percent of float has fallen 4.12% since its last report. The company recently reported that it has 12.41 million shares sold short, which is 0.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.73 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Shor
Before the markets opened on Thursday. PepsiCo Inc (NASDAQ:PEP) issued its second quarter financials. While earnings surpassed Wall Street estimates, revenue came short as its three North American business units reported a declining volume. In addition, Pepsi was more cautious with its full-year sales outlook. As a result, its shares were down 1.7% during premarket trading. One of its rivals one the global snacks and beverages front, Mondelez International (NASDAQ:MDLZ) is scheduled to announce its fiscal second quarter earnings on Thursday, July 25th. Over the last four quarters, Mondelez has consecutively surpassed earnings estimates. But Mondelez, known as the Oreo and Cadbury maker, was
B of A Securities analyst Bryan Spillane maintains Mondelez International (NASDAQ:MDLZ) with a Buy and lowers the price target from $82 to $80.
Mondelez International's (NYSE:MDLZ) short percent of float has fallen 8.65% since its last report. The company recently reported that it has 12.71 million shares sold short, which is 0.95% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.4 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short
Mondelez International Inc. (NASDAQ:MDLZ), known for its iconic Toblerone bars and Oreo cookies, is strategically positioning itself to maintain chocolate sales by keeping prices consumer-friendly amid volatile cocoa market conditions. The approach aims to sustain demand even as the company anticipates a decrease in cocoa costs. During a recent virtual conference hosted by Evercore ISI, Bloomberg reported that CFO Luca Zaramella expressed optimism about declining cocoa prices in the upcoming year, which could alleviate some cost pressures on chocolate production. The backdrop to Mondelez’s strategy is a huge surge in cocoa prices, driven by poor harvests in major cocoa-producing cou
Mondelēz to manufacture, market, distribute and sell Lotus Biscoff® brand in India, significantly expanding its presence in the Indian cookie market Companies to develop co-branded chocolate innovations combining Biscoff® with Cadbury, Milka and other key brands in Europe, with option to expand globally
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8-K - Mondelez International, Inc. (0001103982) (Filer)
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8-K - Mondelez International, Inc. (0001103982) (Filer)
Get Ready to Squish, Squeeze, and Sniff to Sensory Delight! TORONTO, Sept. 5, 2024 /PRNewswire/ - This Summer, Incredible Group is adding three new licenses to their Squishi line that will satisfy every collectors dream- SOUR PATCH KIDS™, OREO™ and SWEDISH FISH™ Designed to delight collectors of all kinds, this new line promises to bring joy, nostalgia, and sensory satisfaction to every squeeze. Each Squishi product is meticulously crafted to ensure maximum squishiness and durability, making them perfect for stress relief, sensory play, or simply squeezing away the day's worries. Plus, with their vibrant colors, playful designs, and enticing scents, these Squishi products offer a multisenso
Participants are early-stage companies selected based on potential to accelerate their novel or innovative technology through access to Mondelēz personnel and capabilitiesCohort represents potential global solutions to help address sustainability, mindful snacking, and consumer trends8-week program is designed to help participants advance and scale technologies CHICAGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced 10 companies selected for its second CoLab Tech program, an accelerator led by the global snack company's research and development team. This year's cohort represents technologies that can help advance the future of snacking in ar
ENTER FOR A CHANCE TO WIN THE GRAND PRIZE OF AN ULTIMATE COFFEE BAR FOR YOUR HOME AND OVER 100 OTHER PRIZES EAST HANOVER, N.J., Sept. 4, 2024 /PRNewswire/ -- The belVita brand, makers of coffee's favorite biscuit, is celebrating its perfect pairing with coffee leading up to National Coffee Day on September 29, 2024. As consumers continue to be their own home baristas and upgrade their kitchens with the latest in the cafecore design aesthetic, the brand is reminding its fans that no coffee bar is complete without the biscuit that makes every cup of joe that much better: belVita.
Customers can indulge in the limited-time Coca-Cola® OREOTM Zero Sugar Slurpee drink flavor in participating stores now IRVING, Texas, Sept. 3, 2024 /PRNewswire/ -- 7-Eleven, Inc. is stirring up excitement with a daring new Slurpee® drink flavor: Coca-Cola© OREOTM Zero Sugar, exclusively available at participating 7-Eleven®, Speedway® and Stripes® stores nationwide. This unexpected flavor combination caps off this year's exciting Slurpee season, including the brand's annual Slurpee Day celebration. The new Slurpee drink flavor release is inspired by Coca-Cola© and OREO's© upco
Celebrating friendship, the global brands and newfound besties are dropping exclusive treats and unique Spotify experience for fans to share with their besties for a limited time TORONTO, Aug. 13, 2024 /CNW/ - Coca-Cola® and the OREO® brands have teamed up as "besties" to create two exclusive and limited-edition products: OREO® Coca-Cola™ Sandwich Cookie and Coca-Cola® OREO™ Zero Sugar Limited Edition. Inspired by "besties" around the world, the two iconic brands are, for a limited time, sparking celebration amongst besties with the launch of two legendary products and unique digital experiences. "The collaboration between OREO and Coca-Cola is the perfect expression of the playfulness of
ATLANTA and EAST HANOVER, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Coca-Cola® and the OREO® brands have teamed up as "Besties" to create two exclusive and limited-edition products: OREO® Coca-Cola™ Sandwich Cookie and Coca-Cola® OREO™ Zero Sugar Limited Edition. Inspired by besties around the world, the two iconic brands are, for a limited time, sparking celebration amongst besties with the launch of two legendary products and several unique digital and physical experiences. The significance of celebrating friendships has never been more pertinent, and the brands are championing this by introducing "Besties," a partnership celebrating what it means to be "Besties." Besties often become a
CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced that Dirk Van de Put, Chief Executive Officer and Luca Zaramella, Chief Financial Officer, will participate in a fireside chat session at the Barclays Global Consumer Staples Conference on Wednesday, September 4, 2024, at 9:00 am ET. A live audio webcast of the presentation will be available at www.mondelezinternational.com/investors. An archive of the webcast will be available on the company's website. About Mondelēz InternationalMondelēz International, Inc. (NASDAQ:MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 bi
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- PopUp Bagels, the innovators behind the "Not Famous, but Known" bagel and schmear brand, are excited to announce that they have teamed up with the OREO® Brand, AMERICA'S FAVORITE COOKIE®, to launch an exciting new flavor: Cookies and Cream Cheese Made With OREO®. This epic collaboration blends PopUp Bagels' ultra-fluffy schmear with the irresistible crunch and iconic flavor of OREO® cookies, creating a sweet topping perfect for bagel lovers and cookies and cream enthusiasts alike. "Creating Cookies and Cream Cheese Made With OREO® was a n
Second Quarter Highlights Net revenues decreased -1.9%; Organic Net Revenue1 grew +2.5% with underlying Volume/Mix of -2.2%Diluted EPS was $0.45, down -34.8%; Adjusted EPS1 was $0.86, up +25.0% on a constant currency basisYear-to-date cash provided by operating activities was $2.1 billion, up $0.2 billion versus prior year; Free Cash Flow1 was $1.5 billion, flat versus prior yearReturn of capital to shareholders was $2.2 billion in the first half of the yearAnnouncing +11% increase to quarterly dividendLaunching transformative ERP program to drive enterprise efficiencies CHICAGO, July 30, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today reported its second quarte
Buy a CLIF multi-pack and you could win a Cliff trip – or thousands of other prizes and offers including daypacks, tents, GPS watches and more EMERYVILLE, Calif., July 30, 2024 /PRNewswire/ -- CLIF BAR today announced the launch of a summer sweepstakes featuring thousands of outdoor-themed prizes and offers. Of those, two grand prize winners will receive an expenses-paid REI Co-op Adventure Travel trip to help encourage people to spend more time outside in nature this year. The program stems from CLIF BAR's purpose to help 'feed adventure' and builds on the brand's long-standing commitment to support equitable access to outdoors and sport.
Customers can indulge in the limited-time Coca-Cola® OREOTM Zero Sugar Slurpee drink flavor in participating stores now IRVING, Texas, Sept. 3, 2024 /PRNewswire/ -- 7-Eleven, Inc. is stirring up excitement with a daring new Slurpee® drink flavor: Coca-Cola© OREOTM Zero Sugar, exclusively available at participating 7-Eleven®, Speedway® and Stripes® stores nationwide. This unexpected flavor combination caps off this year's exciting Slurpee season, including the brand's annual Slurpee Day celebration. The new Slurpee drink flavor release is inspired by Coca-Cola© and OREO's© upco
ATLANTA and EAST HANOVER, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Coca-Cola® and the OREO® brands have teamed up as "Besties" to create two exclusive and limited-edition products: OREO® Coca-Cola™ Sandwich Cookie and Coca-Cola® OREO™ Zero Sugar Limited Edition. Inspired by besties around the world, the two iconic brands are, for a limited time, sparking celebration amongst besties with the launch of two legendary products and several unique digital and physical experiences. The significance of celebrating friendships has never been more pertinent, and the brands are championing this by introducing "Besties," a partnership celebrating what it means to be "Besties." Besties often become a
CHICAGO, July 23, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (NASDAQ:MDLZ) today announced the appointment of Filippo Catalano as Chief Information and Digital Officer (CIDO). Reporting directly to Chair and Chief Executive Officer Dirk Van de Put, Catalano will be responsible for accelerating the company's global technology transformation to drive long-term growth. He will join the organization later this year. "We're delighted to welcome Filippo in further advancing our enterprise-wide technology agenda as a critical enabler of our sustainable growth plan," Van de Put said. "Filippo's track record in driving digital transformation in leading consumer packaged goods companies will p
Mondelēz to manufacture, market, distribute and sell Lotus Biscoff® brand in India, significantly expanding its presence in the Indian cookie marketCompanies to develop co-branded chocolate innovations combining Biscoff® with Cadbury, Milka and other key brands in Europe, with option to expand globally CHICAGO and LEMBEKE, Belgium, June 13, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (NASDAQ:MDLZ) and Lotus Bakeries (Euronext: LOTB) today announced a strategic partnership to expand and grow the Lotus Biscoff® cookie brand in India, and to develop exciting new chocolate products combining the unique, caramelized, crunchy Biscoff® taste and texture with Mondelēz's iconic Cadbury, Milk
Are fans destined to join the dark side or the light side? The only way to discover your destiny is by opening a pack of Star Wars™ OREO Cookies! EAST HANOVER, N.J., May 15, 2024 /PRNewswire/ -- Today, the OREO brand, in collaboration with Lucasfilm, announced the release of Special Edition Star Wars™ OREO Cookies. The two iterations of the Star Wars™ OREO Cookie Packs are wrapped in identical exterior packaging, but each pack contains a single color creme that symbolizes either the dark side or light side of the Force. Even better? A playful twist: fans won't know what side they're on until they open it!
Are fans destined to join the dark side or the light side? The only way to discover your destiny is by opening a pack of Star Wars™ OREO Cookies! TORONTO, May 15, 2024 /CNW/ - Today, the OREO brand, in collaboration with Lucasfilm, announced the release of Special Edition Star Wars™ OREO Cookies. The two iterations of the Star Wars™ OREO Cookie Packs are wrapped in identical exterior packaging, but each pack contains a single colour creme that symbolizes either the dark side or light side of the Force. Even better? A playful twist: fans won't know what side they're on until they open it!
WASHINGTON, May 15, 2024 (GLOBE NEWSWIRE) -- Today, CLIF BAR re-launched its Loop the Lincoln 5K event for Organic Week 2024, which aims to help advance important organic food and farming initiatives by bringing together policy leaders and organic industry influencers. As a leader in sustainability practices, including a 20-year commitment to organic, CLIF BAR welcomed Congressional staffers and industry representatives to this active event for walkers and runners. Scott Jurek, champion ultramarathoner and longtime CLIF BAR athlete partner, was there to motivate participants and share more about his food journey, including his role on product development as part of the CLIF BAR Athlete Inn
CHICAGO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced the appointment of Brian McNamara to the Company's Board of Directors, effective Feb. 1. McNamara has served as Chief Executive Officer of Haleon plc, formerly GSK Consumer Healthcare, since May 2022. Previously, he led GSK's Consumer Healthcare business. "We are pleased to welcome Brian to our Board. His breadth and depth of expertise in all aspects of consumer products leadership – including supply chain, brand marketing, customer engagement and more – will provide valuable insight and strategic input to our team," said Dirk Van de Put, Chairman & CEO of Mondelēz International. Before
In a huge step for cookiekind, the OREO brand is celebrating the release by partnering with Space Perspective, the world's first carbon-neutral spaceflight experience company, to send one lucky fan to the edge of space. EAST HANOVER, N.J., Jan. 23, 2024 /PRNewswire/ -- America's favorite cookie is kicking off 2024 with an out-of-this-world announcement. To encourage fans to playfully launch into the new year, the OREO brand is releasing a new galaxy-inspired limited-edition cookie and the chance for a fan to join the brand on an expedition where no OREO cookie lover has gone before — to the edge of space!
Succeeds Paulette Alviti, who will retire in April 2024 CHICAGO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced that Stephanie Lilak will become Executive Vice President and Chief People Officer, effective January 15. Lilak will be responsible for oversight of the company's human resources function worldwide, including talent management, leadership and capability development, compensation and benefits, change management and employee relations, as well as diversity, equity and inclusion. She will report directly to Dirk Van de Put, Chairman and Chief Executive Officer, and will be a member of the Mondelēz International Leadership Team.
Goldman initiated coverage of Mondelez Int'l with a rating of Buy and set a new price target of $80.00
DA Davidson reiterated coverage of Mondelez Int'l with a rating of Buy and set a new price target of $75.00 from $80.00 previously
Citigroup initiated coverage of Mondelez Int'l with a rating of Buy and set a new price target of $87.00
Deutsche Bank reiterated coverage of Mondelez Int'l with a rating of Buy and set a new price target of $80.00 from $78.00 previously
DA Davidson initiated coverage of Mondelez Int'l with a rating of Buy and set a new price target of $83.00
Argus upgraded Mondelez Int'l from Hold to Buy
RBC Capital Mkts upgraded Mondelez Int'l from Sector Perform to Outperform and set a new price target of $83.00 from $75.00 previously
Exane BNP Paribas upgraded Mondelez Int'l from Neutral to Outperform and set a new price target of $75.00
HSBC Securities initiated coverage of Mondelez Int'l with a rating of Buy and set a new price target of $84.00
TD Cowen initiated coverage of Mondelez Int'l with a rating of Outperform and set a new price target of $82.00
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Second Quarter Highlights Net revenues decreased -1.9%; Organic Net Revenue1 grew +2.5% with underlying Volume/Mix of -2.2%Diluted EPS was $0.45, down -34.8%; Adjusted EPS1 was $0.86, up +25.0% on a constant currency basisYear-to-date cash provided by operating activities was $2.1 billion, up $0.2 billion versus prior year; Free Cash Flow1 was $1.5 billion, flat versus prior yearReturn of capital to shareholders was $2.2 billion in the first half of the yearAnnouncing +11% increase to quarterly dividendLaunching transformative ERP program to drive enterprise efficiencies CHICAGO, July 30, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today reported its second quarte
CHICAGO, July 11, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) will release its second quarter 2024 financial results on Tuesday, July 30, 2024 at 4:05 p.m. ET and will host a conference call at 5:00 p.m. ET that day. Investors and analysts may participate via phone by calling (800) 245-3047 from the United States and (203) 518-9765 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be provided at www.mondelezinternational.com. A replay of the conference call will be available until August 6, 2024, by calling (800) 938-1584 from the United States
CHICAGO, May 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ:MDLZ) today declared a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend is payable on July 12, 2024, to shareholders of record as of the close of business on June 28, 2024. About Mondelēz International Mondelēz International, Inc. (NASDAQ:MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk
First Quarter Highlights Net revenues increased +1.4% driven by Organic Net Revenue1 growth of +4.2% with underlying Volume/Mix of -2.1%Diluted EPS was $1.04, down 31.6%; Adjusted EPS1 was $0.95, up +16.3% on a constant currency basisCash provided by operating activities was $1.3 billion, up $0.2 billion versus prior year; Free Cash Flow1 was $1.0 billion, up $0.1 billion versus prior yearReturn of capital to shareholders was $1.1 billion CHICAGO, April 30, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today reported its first quarter 2024 results. "We posted solid top-line results coupled with robust earnings and free cash flow generation in the first quarter driv
CHICAGO, April 08, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) will release its first quarter 2024 financial results on Tuesday, April 30, 2024 at 4:05 p.m. ET and will host a conference call at 5:00 p.m. ET that day. Investors and analysts may participate via phone by calling (800) 225-9448 from the United States and (203) 518-9708 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be provided at www.mondelezinternational.com. A replay of the conference call will be available until May 7, 2024, by calling (800) 723-2156 from the United States and (402) 220-2660 fro
CHICAGO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ:MDLZ) today declared a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend is payable on April 11, 2024, to shareholders of record as of the close of business on March 28, 2024. About Mondelēz International Mondelēz International, Inc. (NASDAQ:MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy
Full Year Highlights Net revenues for the full year increased +14.4% driven by Organic Net Revenue1 growth of +14.7% with underlying Volume/Mix of +1.3%. For the fourth quarter, Net revenues increased +7.1% driven by Organic Net Revenue1 growth of +9.8% with underlying Volume/Mix of -0.4%Diluted EPS was $3.62, up +84.7%; Adjusted EPS1 was $3.19, up +19.0% on a constant currency basisYear-to-date cash provided by operating activities was $4.7 billion; Free Cash Flow1 was $3.6 billion, up +$0.6 billion vs prior yearReturn of capital to shareholders was $3.7 billion; increased dividend per share by 10%Closed the divestiture of our developed market gum business for $1.4 billionExpecting for 202
CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) will release its fourth quarter 2023 financial results on Tuesday, January 30, 2024 at 4:05 p.m. ET and will host a conference call at 5:00 p.m. ET that day. Investors and analysts may participate via phone by calling (800) 225-9448 from the United States and (203) 518-9708 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be provided at www.mondelezinternational.com. A replay of the conference call will be available until February 6, 2024, by calling (800) 677-7085 from the United States and (402) 220-0
CHICAGO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ:MDLZ) today declared a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend is payable on January 12, 2024, to shareholders of record as of the close of business on December 29, 2023. About Mondelēz International Mondelēz International, Inc. (NASDAQ:MDLZ) empowers people to snack right in over 150 countries around the world. With 2022 net revenues of approximately $31 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Da
Third Quarter Highlights Net revenues increased +16.3% driven by Organic Net Revenue1 growth of +15.7% with strong +3.8pp Volume/Mix performance, Volume/Mix positive across all regionsDiluted EPS was $0.72, up +84.6%; Adjusted EPS1 was $0.82, up +16.7% on a constant currency basisYear-to-date cash provided by operating activities was $3.2 billion; Free Cash Flow1 was $2.4 billion, up +$0.5 billion vs prior yearReturn of capital to shareholders was $2.2 billion in the first nine months of the yearClosed the divestiture of our developed market gum business for $1.4 billionRaising Organic Net Revenue outlook to 14% to 15% and Adjusted EPS growth outlook to ~16% CHICAGO, Nov. 01, 2023 (GLOBE