These Foods Are Flying Off the Shelves During the Coronavirus Outbreak [The Motley Fool]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: The Motley Fool
While people are predictably buying packaged foods such as canned meat during the coronavirus outbreak, comfort foods are also high on the list of "pandemic purchases," according to a study by Bloomberg Intelligence. Mondelez International ( NASDAQ:MDLZ Image source: Getty Images. Nielsen data shows people are buying 0% more potato chips than before COVID-9, while pretzel sales jumped 7% and popcorn soared 8%. Information provided by Statista indicates that cookie variety packs are selling 0% more year over year, using weekly data from mid-March. Salty snacks have gained close to % and cheese snacks more than %. An old emergency dietary standby, Spam, also got a major boost, according to its manufacturer, Hormel Foods NYSE:HRL Other dietary staples are also selling fast. Purchases of cow's milk skyrocketed % between March 8 and March . Meat and potatoes saw strong gains in mid-March, too. Several important food sector companies Kraft Heinz NASDAQ:KHC Campbell Soup Company NYSE:CPB Gen
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MDLZ
News
- Mondelez to invest again in Poland chocolate production [Yahoo! Finance]Yahoo! Finance
- Mondelez International (NASDAQ:MDLZ) shareholders have endured a 12% loss from investing in the stock a year ago [Yahoo! Finance]Yahoo! Finance
- Mondelez International Moves to Amazon Web Services to Advance Its Digital and Growth StrategyGlobeNewswire
- Cocoa prices cloud confectionery outlook as commodity touches new highs [Yahoo! Finance]Yahoo! Finance
- RITZ Bits Cracker Sandwiches Heat Up The Snack Aisle With Bold New Spicy Queso FlavorPR Newswire
MDLZ
Earnings
- 10/29/24 - Beat
MDLZ
Sec Filings
- 12/3/24 - Form 8-K
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- MDLZ's page on the SEC website