All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Shares of Mondelez rose 1.65% in after hours trading.ĬNN’s Danielle Wiener-Bronner contributed to this report. Mondelez’s portfolio includes other household names, such as Ritz, LU, Clif Bar, Tate’s Bake Shop, Milka and Toblerone. The company lagged in Europe, due to “expected disruption driven by retailer negotiation.” But it said Oreo in China, for example, is one of the brand’s most important emerging markets. It’s notable there was strong demand for snacks as extreme weather, the war in Ukraine, avian flu and higher costs along the supply chain increased global food prices. US grocery prices stayed steady in June after ticking up in May. Analysts predicted revenue of about $8.21 billion. In the second quarter, net revenue increased 17% to $8.51 billion. The company increased its net revenue and earnings outlook in the first quarter as well, saying its strong performance was due to demand for its snacks and reducing its coffee equity stakes. It’s their second quarter in a row of growth. It expects a 12% organic net revenue growth compared to an analyst estimate of 10%, driven in part by high demand for its snacks offsetting the high cost of goods. “We feel good about continued consumer confidence,” the company said on its earnings call, saying the Chicago-based manufacturer continued to drive robust demand in its core categories of chocolates and biscuits. (MDLZ) International said in its second quarter earnings call Thursday. Compare Standard and Premium Digital here.Īny changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel.The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
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