- Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first quarter results this week.
"Typically, these companies incur higher cocoa costs first and then they go to their retail customers and try to increase prices," said CFRA Research's Arun Sundaram, adding there could potentially be stronger pricing in the second half. "The big question would be whether price-related growth is enough to offset volume declines that we're likely going to see this year," Sundaram noted.** Mondelez, which reports results on April 30, is expected to report a slight drop in profit for the first time in 14 quarters to 89 cents** Mondelez's organic volume growth was at 1.3 percentage points in 2023, while prices rose 13.4 pp.
TELUS Corporation is largely controlled by institutional shareholders who own 54% of the companyMost retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...In this article, we will take a detailed look at Jim Cramer Portfolio: 11 Latest Stocks to Buy.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BNNBloomberg - 🏆 83. / 50 Read more »