CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced that Dirk Van de Put, Chief Executive Officer and Luca Zaramella, Chief Financial Officer, will participate in a fireside chat session at the Barclays Global Consumer Staples Conference on Wednesday, September 4, 2024, at 9:00 am ET. A live audio webcast of the presentation will be available at www.mondelezinternational.com/investors. An archive of the webcast will be available on the company's website.

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Mondelez is a global leader in chocolate, biscuits, and baked snacks. In an incredibly resilient industry, the company has proven to be very stable.

Examine the evolution of Mondelez's (MDLZ) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

There is no debating that stock market valuations are sky high right now. While the Federal Reserve hinted at rate cuts in September at its latest Federal Open Market Committee (FOMC) meeting, that doesn't mean that stocks are setting up for new highs.

With sector rotation upon us, it is time for investors to take a more significant bite out of safe-haven names like Mondelez NASDAQ: MDLZ. The rotation is due to the recent inflation data and FOMC policy statement, which were sell-the-news events.

Mondelez (MDLZ) posts soft sales in second-quarter 2024, whereas organic revenues grow 2.5%. Strong pricing and cost management actions also fuel bottom-line growth.

Mondelez International, Inc. MDLZ reported better-than-expected second-quarter adjusted EPS results and raised its dividend on Tuesday.

Mondelez International, Inc. (NASDAQ:MDLZ ) Q2 2024 Earnings Call Transcript July 30, 2024 5:00 PM ET Company Participants Shep Dunlap - SVP, IR Dirk Van de Put - Chairman and CEO Luca Zaramella - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Alexia Howard - Bernstein Michael Lavery - Piper Sandler Tom Palmer - Citi Peter Galbo - Bank of America Matt Smith - Stifel Operator Good day and welcome to the Mondelez International Second Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Mondelez management and the question-and-answer session.

The headline numbers for Mondelez (MDLZ) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Mondelez (MDLZ) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.76 per share a year ago.

Cadbury parent Mondelez International missed expectations for second-quarter revenue on Tuesday, as budget-conscious customers opted for lower-priced alternatives amid sticky inflation.