Mondelez InternationalNASDAQ: MDLZ

Russians are still indulging in foreign-made Toblerone chocolate, according to internal sales documents seen by Reuters, showing the difficulty of U.S. manufacturer Mondelez's plan to isolate its business in the country from its global operations.

Mondelez International, Inc. has good growth prospects with revenue benefiting from pack size changes and non-recurrence of volume headwinds. Hedged cocoa prices and cost-saving initiatives are expected to support margins, along with potential M&A and distribution expansion for revenue growth. The stock is trading below historical averages with a healthy dividend yield, making it a buy with favorable risk-reward potential.

Cocoa prices have been soaring this year, hitting record highs and causing headaches for candy companies. While hedging contracts protect the likes of Hershey and Mondelez for now, high cocoa prices could change how they think about innovation.

Mondelez's (MDLZ) collaboration with Lotus Bakeries could enhance growth for both companies in the fiercely competitive cookie and chocolate sectors.

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, Milka and other key chocolate brands in Europe, with the option to expand globally. This partnership provides new opportunities for both companies to accelerate their growth ambitions in the attractive cookie and chocolate categories, with potential options to expand into additional markets and/or adjacent segments.

Mondelez is a business that meets my investment criteria. The company's world-class brand portfolio helped it beat the analyst consensus for net revenue and currency-neutral adjusted diluted EPS in Q1. Mondelez's interest coverage ratio registered above 40 for the first quarter.

Mondelez International, Inc. (NASDAQ:MDLZ ) Deutsche Bank Global Consumer Conference Call June 4, 2024 11:15 AM ET Company Participants Dirk Van de Put - Chairman & Chief Executive Officer Luca Zaramella - Chief Financial Officer Conference Call Participants Steve Powers - Deutsche Bank Steve Powers All right. Thanks, everybody.

Snack maker Mondelez resumed its production of Oreo cookies in Ukraine, after its plant in a small city in the eastern part of the country was badly damaged during Russia's invasion roughly two years ago.

SINGAPORE, May 28, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, reaffirming its commitment to innovation and product development across Southeast Asia and Australia, New Zealand and Japan. This new facility was officially opened today by Mr Chan Ih-Ming, Executive Vice President, Singapore Economic Development Board.