Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa ...
Shares of Hershey jumped following a report that Mondelez International is exploring an acquisition of the chocolate maker. The stock was up 14% at $199.62 in early trading. Shares are now in ...
The company expects organic net revenue growth to be about 5% in 2025. It anticipates currency translation to decrease net revenue growth by about 2.5%, denting adjusted earnings per share by 12 cents ...
Hershey Trust Co., the majority shareholder of Hershey Co., has rejected an offer from Mondelez International Inc., an American snack and confectionery company, to acquire chocolate manufacturer ...
That might be best for Mondelez, although perhaps a premium sale is an opportunity missed for Hershey. Chocolate and confectionery is a tough gig these days, mostly because cocoa, the most ...