Mondelez's Q4 earnings showed cost struggles, disappointing revenue, and declining profit margins, with concerning ...
Van de Put added that about 91% of Mondelez’s cocoa volumes sourced for its chocolate brands derive from Cocoa Life, which aims to “lift up the people and restore the landscapes where cocoa is ...
For Mondelez, the answer to higher cocoa prices is assortment, agility, products formulated with chocolate and other ingredients or inclusions that bring costs down, and “pushing premium harder.” ...
'Consumers will need to get used to chocolate that is 30%, 40%, and 50% more expensive than it used to be.' South Africans ...
As cocoa supplies from Africa come under pressure, Mondelez International, which owns the Cadbury brand, has started expanding the cultivation of the crop in South India, while exploring the ...
While the cocoa markets are volatile and difficult to predict, the pullback will improve Mondelez and Hershey’s hedging positioning, the analyst tells investors in a research note. TD sees ...
The Wall Street Journal reports Mondelez, the food company that produces Oreos, says it will continue to raise costs amid record cocoa prices. “If cocoa prices remain elevated where they are ...
Wednesday closed up +53 (+0.64%), and May ICE London cocoa #7 (CAK25) closed up +83 (+1.30%). Cocoa prices on Wednesday settled moderately higher as they consolidated about last week's 4-month lows.
Consumers will have to get used to paying more for chocolate as cocoa remains at historical highs, Mondelez International’s CEO Dirk Van de Put has said. While the head of one of the world’s ...
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