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Cocoa, Mondelez
Mondelez International Expects 2025 Earnings to Drop Amid Soaring Cocoa Costs
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van de Put said. The company previously said it expects to raise prices.
Oreo maker warns cocoa costs will drive down earnings per share 10%
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive Officer Dirk Van de Put said the company was focused on navigating cocoa cost
Mondelez forecasts steep drop in annual profit on soaring cocoa prices
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, sending its shares down nearly 6% after the bell.
Mondelez expects drop in earnings due to ‘unprecedented’ cocoa costs
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa cost inflation ”. The Cadbury owner expects adjusted earnings per share to decline by about 10% in 2025. The stock fell 5% in after-hours trading on Tuesday, bringing its total fall to almost 30% for the past year.
Mondelez Q4 Earnings Miss Estimates Amid Increased Cocoa Costs
Mondelez International, Inc. MDLZ posted fourth-quarter 2024 results, with the top line increasing year over year but missing the Zacks Consensus Estimate. The bottom line decreased from the year-ago quarter’s level and missed the consensus mark amid a challenging operating environment marked by cocoa cost inflation.
1d
on MSN
Mondelez's SWOT analysis: cocoa costs weigh on snack giant's stock outlook
Mondelez International, Inc. (NASDAQ:MDLZ), a global snack food and beverage powerhouse with a market capitalization of $75 ...
20m
on MSN
'Koji flour' product can help reduce reliance on cocoa in popular foods
A collaboration between Abertay University and a food biotechnology company has led to the development of an innovative ...
Confectionery News
5d
How brands are tackling cocoa shortages, shrinkflation, and pricing pressures
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.
4d
Why Hershey Should Handle High Cocoa Prices Just Fine
Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
17h
on MSN
Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costs
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 ...
Confectionery News
12d
Rising cocoa prices set to test confectionery innovation for Easter
Explore the impact of soaring cocoa prices on chocolate makers, consumer demand, and Easter product launches in 2025.
Crain's Chicago Business
2d
Your bakery order is about to become more expensive
Chicago's bakers are readying to raise prices as one of their most frequently used ingredients becomes increasingly expensive ...
7h
Mondelez warns of additional “headwind” from Trump tariffs threat
Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
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