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Oreo maker Mondelez pulls 2020 forecast on coronavirus-led uncertainty [Reuters]

Mondelez International, Inc. - Class A (MDLZ)  More Company Research Source: Reuters
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
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. [Read more]

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Stockreport

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 Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
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. [Read more]

IMPACT SNAPSHOT
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MDLZ
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Price Change
Price Change %
Volume Shares
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Max Down
Volume Ratio
%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

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