Parnassus Investments, an investment management firm, published its investor letter for the "Parnassus Core Equity Fund" for the fourth quarter of 2024. You can download the letter here. During this quarter, U.S. stocks increased, finishing a strong 2024, but the Fund (Investor Shares) only grew by 0.28% after fees, which was less than the S&P 500 Index's 2.41% rise.
Mondelēz is collaborating with nine current and former NCAA® athletes to create excitement during the tournament. As an Official Corporate Partner of the NCAA® for more than ten years, Mondelēz is introducing a new group of NCAA athletes and giving fans the opportunity to win a VIP trip to the 2026 NCAA Men's or Women's Final Four®.
Mondelez's performance in 2024 did not meet revenue expectations, even though they achieved 4.3% organic growth. Rising cocoa prices affected their profitability and margins in the fourth quarter. The management is hopeful for a 5% organic revenue growth in 2025, but they predict a 10% drop in adjusted earnings per share due to the rising cocoa costs.
CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) -- SnackFutures Ventures, the investment branch of Mondelēz International (Nasdaq: MDLZ), will present its latest insights on snacking at Natural Products Expo West on March 5. An expert panel will explore trends and changes affecting the snacking industry, using information from the Company's 2024 State of Snacking Report and discussing new themes that are guiding SnackFutures Ventures' innovation and investment focus.
Mondelez's share price reflects future risks, even though the company's performance is getting better. While profit margins may face challenges, the long-term effects of tariffs and high cocoa prices are expected to be limited. Therefore, I believe that MDLZ is a good investment, despite the ongoing risks.
On February 28, 2025, Mondelēz International announced that Norberto Chaclin has been appointed as the Executive Vice President and Chief Research & Development Officer. He will report to the Chair and CEO, Dirk Van de Put, and will lead the company's research and development and quality strategy to help shape the future of snacking.
The brand is expanding its spicy collection by adding a flavorful twist to America's beloved cracker. This exciting new product comes from East Hanover, New Jersey.
Mondelez International, Inc. (NASDAQ:MDLZ) will present at the Consumer Analyst Group of New York (CAGNY) Conference on February 18, 2025, at 2:00 PM ET. The company will be represented by Dirk Van de Put, the Chairman and CEO, and Luca Zaramella, the CFO. An unidentified analyst is inviting everyone to return to their seats for the next presentation from Mondelez.
On Tuesday, Mondelez CEO Dirk van de Put mentioned that the company, known for making Oreos, will experience increased costs due to the Make America Healthy Again initiative led by U.S. health secretary Robert F. Kennedy Jr. He also indicated that this could lead to higher prices for American consumers.
Mondelēz International, Inc. is focusing on its main products like chocolate, biscuits, and baked snacks while also investing sustainably. They see a great chance to expand in the fast-growing cakes and pastries market. At the 2025 Consumer Analyst Group of New York Conference, the company's leaders will discuss their growth strategies and strong position in these important categories.