Candy companies like Mondelez International and Hershey expect some relief after years of climbing cocoa prices.
Mondelez International Inc., the maker of Oreo cookies, Ritz crackers and Sour Patch Kids candy, said late Tuesday it reached ...
The candy and snacks company expects 4% organic revenue growth this year, down 1 percentage point from its previous forecast, ...
The confectionery giant said “sales and availability have significantly dropped” for the bars and trail mixes launched in ...
Mondelez International, Inc. stock is undervalued as cocoa prices fall, signaling earnings recovery and 38% upside potential.
CHICAGO — Amid the ever louder noise around record costs for cocoa ingredients, chocolate volume continues to grow, said Dirk Van de Put, chairman and chief executive officer of Mondelez International ...
CHICAGO — Citing a challenging operating environment, particularly in North America, Mondelez International cut its earnings ...
Mondelez International lowered its full-year outlook as high cocoa prices continue to present an obstacle to the maker of ...
The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit consumers curb their purchases and company ...
Despite trailing the S&P 500 over the past year, Mondelez International continues to hold a generally favorable outlook among ...