Mondelez InternationalNASDAQ: MDLZ

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.

On Monday, the German company JAB announced that it will buy Mondelez's small share in the Dutch coffee company JDE Peet's for 2.2 billion euros ($2.4 billion). This purchase will raise JAB's ownership to 68%.

LUXEMBOURG--(BUSINESS WIRE)--JAB has announced that it will buy 86 million shares of JDE Peet's from Mondelez for €25.10 each. Furthermore, JAB has shared JDE Peet's shares with over 70 limited partners of JAB Consumer Partners, which has raised the free float of JDE Peet's. This marks the last distribution of shares to JCP investors, totaling 43 million shares or 9% of the overall issue.