Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Mondelez International, Inc. (NASDAQ:MDLZ), a global snack food and beverage powerhouse with a market capitalization of $75 ...
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...
Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...
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 ...
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.
The cost of cocoa reached a record high in December 2024, and the price keeps climbing. How is industry reacting and what ...
Lindt & Spruengli lifted 2024 margin estimate and forecast further sales growth for 2025 on Tuesday, after reporting 7.8% organic growth for last year in a sign that price hikes have not deterred ...
CEO Michele Buck emphasized the company’s focus on achieving balanced top-and-bottom-line growth in 2026 despite elevated cocoa prices. She highlighted the use of multiple levers, including pricing, ...
Hershey Co. shares remained volatile as the company reported sales that beat expectations, but added that adjusted earnings ...