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Mondelez International, Inc. (/ ˌmɒndəˈliːz / 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]
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.
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.
R. J. Reynolds, founder Share of the R. J. Reynolds Tobacco Company, issued 15 March 1906. The son of a tobacco farmer in Virginia, Richard Joshua "R.J." Reynolds sold his shares of his father's company in Patrick County, Virginia, and ventured to the nearest town with a railroad connection, Winston-Salem, to start his own tobacco company. [3]
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 ...
In the current session, Mondelez International Inc. (NASDAQ:MDLZ) is trading at $55.75, after a 1.09% increase. Over the past month, the stock increased by 0.45%, and in the past year, by 6.52%.
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]
Mondelez joins a host of food companies including Cheerios maker General Mills Inc and soda giants Coca-Cola Co and PepsiCo Inc in boosting its annual forecasts on the back of higher prices, as ...