Previous close | 0.5900 |
Open | 0.5900 |
Bid | 0.0000 |
Ask | 0.5500 |
Strike | 55.00 |
Expiry date | 2024-09-20 |
Day's range | 0.5900 - 0.5900 |
Contract range | N/A |
Volume | |
Open interest | 26 |
First Quarter Highlights Net revenues increased +1.4% driven by Organic Net Revenue1 growth of +4.2% with underlying Volume/Mix of -2.1%Diluted EPS was $1.04, down 31.6%; Adjusted EPS1 was $0.95, up +16.3% on a constant currency basisCash provided by operating activities was $1.3 billion, up $0.2 billion versus prior year; Free Cash Flow1 was $1.0 billion, up $0.1 billion versus prior yearReturn of capital to shareholders was $1.1 billion CHICAGO, April 30, 2024 (GLOBE NEWSWIRE) -- Mondelēz Inte
Mondelez's (MDLZ) first-quarter results are likely to reflect strength in core categories like chocolates and biscuits, while cost inflation and volatile consumer behavior are a concern.
Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first quarter results this week. A recent surge in cocoa prices amid a shrinkage in supplies due to droughts and inconsistent rainfalls as well as crop disease in the world's top cocoa producing regions could spell more trouble for them. In addition, sugar prices have also spiked in recent months.