CLAIM #39766 · Mondelez International Inc (MDLZ) · 2024Q2 earnings call · Jul 30, 2024 · due Dec 31, 2030
“We remain on track to deliver 90% of revenue through our core categories of chocolate, biscuits and baked snacks by 2030.”
Dirk Van De Put · CEO
How to check this claim
Look at: Percentage of total company net revenue derived from core categories (chocolate, biscuits, and baked snacks)
It came true if: Core categories revenue share >= 90% of total net revenue
Where: company-disclosed segment/category revenue breakdown (10-K / annual report / investor presentation)
In context
“d'Or, Marabou, Freia, and Lacta. These brands are already the leaders in numerous key markets and we are continuing to invest in A&C to further accelerate loyalty and growth. At the same time, our proven RGM playbook provides our teams with the necessary agility in offsetting inflation while maintaining solid volume dynamics and protecting shares. We remain confident that we are well equipped to continue navigating fluctuating input costs and that we're structurally advantaged to accelerate long term chocolate growth. Turning to Slide 9, it is important to reinforce that while the external environment remains volatile, we remain focused on accelerating our long-term growth strategy. We're continuing to reinvest in our brands, expand distribution, drive M&A, and scale sustainable snacking. We remain on track to deliver 90% of revenue through our core categories of chocolate, biscuits and baked snacks by 2030. And our teams continue to deliver strong progress against our strategic agenda. For example, our Oreo marketing team continues to design and deliver exciting, creative activations that capitalize on consumer trends and drive incremental lift. We recently collaborated with Lucasfilm to launch two versions of a special edition Star Wars cookie in the United States, which unites our strong Oreo fan base with the equally strong Star Wars fan community. While both versions are wrapped in identical exterior packaging, consumers don't know which side they're on until they open the pack. This creative and fun approach is driving strong sales, making this collaboration our strongest limited edition yet. This collaboration is the latest example of our strategy to cement the cultural relevance of Or”
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SEC filings for MDLZ ↗ · Claim quote is verbatim from the 2024Q2 earnings call.