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Mondelez International, Inc. (/ ˌ m ɒ n d ə ˈ l iː z / MON-də-LEEZ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
As CEO of Mondelez International, Van de Put has defended the continued operation of the company in Russia during the Russo-Ukrainian War.In an interview with the Financial Times, Van de Put stated that were Mondelez to leave Russia, the assets of the company would be left to "friends of Putin," which would generate more cash to fund Russia's war efforts than the amount of taxes the company ...
Big bite on buybacks: With its stock price down slightly on the year, Mondelez used the opportunity to buy back $568 million in stock in Q1. A year ago, it repurchased $399 million in stock. A ...
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
November 2, 2021 at 4:46 PM
Mondelez International's (MDLZ) second-quarter 2021 results reflect a rise in earnings and sales. A solid first-half performance led to a raised organic revenue growth view, though high costs are ...
Mondelez said last week that first quarter sales and profits surged 18.1% and 17.3%, respectively, from a year ago. The gains reflect strong demand for Oreos and Chips Ahoy cookies despite price ...
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.