Oreo maker Mondelez pulls 2020 forecast on coronavirus-led uncertainty [Reuters]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: Reuters
Oreo maker Mondelez pulls 2020 forecast on coronavirus-led uncertainty (Reuters) - Oreo cookie maker Mondelez International Inc ( MDLZ.O ) withdrew its 2020 outlook on Tuesday, citing the uncertainty caused by the coronavirus pandemic. Mondelez’s revenue rose to $6.71 billion in the first quarter ended March 31 from $6.54 billion a year ago, as consumers in North America stockpiled the company’s snacks in March, ahead of the coronavirus-led lockdown. Rival Hershey ( HSY.N ) pulled reut.rs/2S7vru8 its 2020 forecast last week and warned of weak sales in certain categories as households, worried about their financial future, cut spending on snacks and chocolates.
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MDLZ
Earnings
- 10/29/24 - Beat
MDLZ
Sec Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 9/11/24 - Form 4
- MDLZ's page on the SEC website