Mondelez forecasts steep drop in annual profit on soaring cocoa prices
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, ...
Mondelez price target lowered to $69 from $75 at RBC Capital
RBC Capital lowered the firm’s price target on Mondelez (MDLZ) to $69 from $75 and keeps an Outperform rating on the shares. The company ...
Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costs
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 ...