Mondelez International raises 2021 expectations on strong Q3 2021 results

November 3, 2021

Mondelez International Inc. reported improved earnings and revenue for Q3, 2021 and raised its expectations for fiscal 2021, according to an earnings release.

Mondelez labor strike extends to fourth week, concerning retailers

September 3, 2021

U.S. supermarkets are stocking up on snack foods as a labor strike at Mondelez International stretches into its fourth week, according to a Wall Street Journal…

Mondelez reports Q2 2021 sales, earnings growth

July 28, 2021

Mondelez International Inc. posted positive results for the second quarter ending June 30, 2021, as net revenues rose 12.4% from $5.91 billion in Q2, 2020 to…

Keurig Dr Pepper announces secondary common stock offering on Mondelez's behalf

June 8, 2021

Keurig Dr Pepper has announced a public secondary offering of 28 million shares of the company's outstanding common stock, on behalf of Mondelēz International…

Mondelez to acquire baked snack maker Chipita

May 26, 2021

Mondelēz International Inc. has agreed to acquire Chipita S.A., a player in the Central and Eastern European croissants and baked snacks category, for an…

Mondelez International boosts Q1 2021 revenue, earnings

April 28, 2021

Mondelez International revenues increased 7.9% from $6.7 billion in Q1 2020 to $7.24 billion in Q1 2021, according to a press release.

Mondelez teams with Olam Food Ingredients on cocoa farm

April 21, 2021

Mondelēz International Inc., a snack manufacturer, and Olam Food Ingredients, a supplier of cocoa beans and cocoa ingredients, have partnered to create the…

Mondelez to acquire nutrition bar leader Grenade

March 22, 2021

Mondelēz International has agreed to acquire a majority interest in Grenade, a U.K. performance nutrition pioneer in the protein bar segment, according to a…

Mondelēz International acquires Gourmet Food Holding in Australia

March 9, 2021

Mondelēz International has agreed to to acquire Gourmet Food Holdings Pty. Ltd., an Australian a provider of premium biscuits and crackers, according to a…

Mondelez launches collaborative to help new snack brands

February 9, 2021

SnackFutures, the Mondelēz International Inc. innovation and venture hub, has announced the launch of CoLab, a start-up engagement program for early-stage…

Mondelez International posts Q4 2020 sales, earnings gains despite COVID-19

January 29, 2021

Mondelez International reported 5.6% revenue growth from $6.91 billion in 2019's fourth quarter to $7.29 billion for the quarter ending Dec. 31, 2020, driven…

Mondelez acquires snack maker Hu

January 5, 2021

Mondelēz International has acquired Hu Master Holdings, the parent company of Hu Products, a U.S.-based snack maker, according to a press release.

Mondelēz names Laura Stein EVP/general counsel

December 17, 2020

Laura Stein Mondelēz International named Laura Stein executive vice president and general counsel of corporate and legal affairs, effective Jan. 11…

Pandemic boosts consumer snacking, Mondelez survey finds

The second annual State of Snacking from Mondelez International found that nearly 90% of consumers are snacking more or the same during the pandemic than…

Mondelez beats Q2 consensus amid COVID volatility

July 29, 2020

Mondelez International Inc. reported stronger-than-expected earnings in the second quarter, as the maker of Oreo cookies, Cadbury chocolate and Trident gum saw…

Mondelez to pare 25% of its SKUs due to COVID-19

July 13, 2020

Mondelez International will pare about a quarter of its products to streamline manufacturing during the pandemic, according to a Bloomberg report.

Navigating COVID-19: Pandemic continues to challenge convenience services

COVID-19 continues to dominate news in the convenience services industry. This week, Vending Times took a look at how a fast casual restaurant chain…

Navigating COVID-19: Challenges and opportunities dominate convenience services news in late May

COVID-19 related issues were front in center this week, as the FDA announced it is relaxing calorie disclosure requirements for vending machines.

Foodservice companies, grocers work together to fulfill labor, worker needs

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

As consumers stock up on groceries to follow shelter-in-place orders, restaurants are laying off workers as retailers face a shortage.

Mondelez reports 2.6% gain in Q1 net revenue

April 29, 2020

Mondelēz International, Inc. reported net revenues increased 2.6% in the first quarter driven by organic net revenue growth of 6.4% offset by unfavorable…