Mondelez International (MDLZ) Stock

Mondelez International Inc. has good growth potential thanks to higher prices, increased sales of chocolates and biscuits, and expanding distribution in developing markets. Profit margins are likely to improve because of price hikes, cost-saving measures, and smart cocoa hedging, even with the current fluctuations in cocoa prices. The stock is currently priced lower than its historical averages and its competitor Hershey, providing a tempting dividend yield of 2.92%.

Look into how Mondelez's (MDLZ) income from global markets is shifting and how this affects Wall Street's forecasts and the future of the stock.

Sales volumes have started to increase each quarter, but year-to-date figures are still down. The company is on track to meet its 2030 target of earning 90% of its revenue from the Chocolate, Cookies, and Baked Snacks sector due to its acquisitions. While Mondelez is not considered undervalued based on valuation multiples, it is still providing benefits to its shareholders through rising dividends and share buybacks.

MDLZ has announced impressive results for the third quarter, showing growth in both sales and earnings compared to last year. Additionally, the company has acquired a majority share in Evirth.

The main figures for Mondelez (MDLZ) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

Mondelez International, Inc. (NASDAQ:MDLZ) held its Q3 2024 Earnings Call on October 29, 2024, at 5:00 PM ET. The call featured company leaders such as Shep Dunlap, Dirk Van de Put, and Luca Zaramella, along with participants from various financial institutions. The conference call is expected to last around one hour, including management comments and a Q&A session.

On Tuesday, Mondelez International exceeded Wall Street's predictions for its third-quarter revenue. The company, known for Cadbury, saw an increase in sales volumes thanks to its strategy of offering products at various price levels.

Assess the anticipated performance of Mondelez (MDLZ) for the quarter that ended in September 2024. Instead of just focusing on the usual Wall Street revenue and profit predictions, let's take a closer look at some important metrics for a deeper understanding.

JDE Peet's has named Rafa Oliveira, a former executive from Kraft Heinz, as its new CEO. The coffee company announced that its sales are on target to meet its goals for the entire year.