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Mondelēz Global LLC Conducts U.S. Voluntary Recall of Four Carton Sizes of RITZ Peanut Butter Cracker Sandwiches Due to Labeling Error

1. Mondelēz recalls RITZ Peanut Butter Cracker Sandwiches due to labeling errors. 2. Incorrectly labeled products may cause allergic reactions for peanut-sensitive consumers. 3. No health issues reported; recall is a precautionary measure. 4. Recall affects specific pack sizes; other products are unaffected. 5. Corrective actions being implemented to prevent future issues.

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Why Bearish?

Recalls typically lead to short-term sales disruptions and reputational damage, impacting stock price. Similar cases demonstrate a decline in investor confidence.

How important is it?

Given the recall's potential impact on consumer trust and sales, it’s a significant issue. The historic performance of recalls suggests a notable market reaction.

Why Short Term?

Negative effects from the recall likely impact sales and stock performance in the immediate future, but may recover post-recall.

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EAST HANOVER, N.J., July 08, 2025 (GLOBE NEWSWIRE) -- Mondelēz Global LLC announced today a voluntary recall of four carton sizes of RITZ Peanut Butter Cracker Sandwiches (8-pack, 20-pack, and 40-pack cartons of RITZ Peanut Butter Cracker Sandwiches, as well as the 20-pack RITZ Filled Cracker Sandwich Variety Pack carton) manufactured in the United States and sold nationwide. The affected cartons include individually wrapped packs that may be incorrectly labeled as Cheese variety even though the product may be a Peanut Butter variety. People who have an allergy or severe sensitivity to peanuts may risk serious or life-threatening allergic reactions by consuming this product. All outer cartons affected are labeled correctly and provide an allergen advisory statement indicating that the product “contains peanuts.” This recall is exclusively for the 8-pack, 20-pack, and 40-pack RITZ Peanut Butter Cracker Sandwich cartons and the 20-pack RITZ Filled Cracker Sandwich Variety Pack carton, with Best When Used By Dates listed in the grid below, available at retail stores nationwide. No other RITZ products or Mondelēz Global LLC products are included in, or affected by, this recall. Product DescriptionRetail UPCBest When Used By DatesProduct Image11.4 oz. RITZ Peanut Butter Cracker Sandwiches - 8 Count (8 x 1.38-oz. 6-pack carton)0 44000 88210 51 NOV 25 - 9 NOV 25“AE” Plant Code Only(located on top of package)27.6 oz. RITZ Peanut Butter Cracker Sandwiches - 20 Count (20 x 1.38-oz. 6-pack carton)0 44000 07584 21 NOV 25 - 9 NOV 252 JAN 26 - 22 JAN 26“AE” Plant Code Only(located on top of package)55.2 oz. RITZ Peanut Butter Cracker Sandwiches – 40 Count (40 x 1.38-oz. 6-pack carton)0 44000 07819 51 NOV 25 - 9 NOV 252 JAN 26 - 22 JAN 26“AM” Plant Code Only(located on top of package)27.3 oz. RITZ Filled Cracker Sandwich 20-Count Variety Pack (20 packs of 10 Cheese 1.38-oz. packs and 10 Peanut Butter 1.38-oz. packs)0 44000 08095 22 NOV 25 - 9 NOV 25“RJ” Plant Code Only(located on top of package) The individually wrapped package incorrectly labeled as Cheese variety inside the cartons identified in the grid above may look like this: Product DescriptionRetail UPCBest When Used By DatesProduct ImageRITZ Cheese Cracker Sandwiches (1.38-oz. pack)0 44000 00211 41 NOV 25 - 9 NOV 252 JAN 26 - 22 JAN 26“AE” Plant Code Only(located on side of package) Cartons containing only RITZ Cheese Cracker Sandwiches are not affected by this recall. In addition, cartons containing either RITZ Peanut Butter Cracker Sandwiches or RITZ Filled Cracker Sandwich Variety Pack with different Best When Used By Dates and Plant Codes than those listed in the above grid are also not affected by this recall. There have been no reports of injury or illness reported to Mondelēz Global LLC to date related to this product, and we are issuing this recall as a precaution. The recall was initiated after Mondelēz Global LLC discovered that film packaging rolls used to package individually wrapped products containing peanut butter may contain defects due to a supplier error. Corrective actions are being taken to help ensure this issue does not recur. Consumers who have a peanut allergy should not eat these products and should discard any product identified in the grid above. Consumers can contact the company at 1-844-366-1171, 24 hours a day, 7 days per week, to get more information about the recall. Consumer Relations specialists are also available Monday–Friday, 9 am to 6 pm ET. This recall is being conducted with the knowledge of the U.S. Food and Drug Administration. About Mondelēz International Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately $36.4 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, RITZ, LU, CLIF BAR and TATE'S BAKE SHOP biscuits and baked snacks, as well as CADBURY DAIRY MILK, MILKA and TOBLERONE chocolate. Mondelēz International is a proud member of the Dow Jones Best-in-Class North America and World Indices, formerly Dow Jones Sustainability Indices. Visit www.mondelezinternational.com or follow the company on X at x.com/MDLZ. Contacts: Jane Corcoran847-943-5678news@mdlz.com Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ec3da90d-f065-4766-aaf3-b1583335755a https://www.globenewswire.com/NewsRoom/AttachmentNg/e790f11f-5873-4c44-8a24-255844436ca0 https://www.globenewswire.com/NewsRoom/AttachmentNg/43e0bce1-bc95-415b-8992-f8fdfcc57b3b https://www.globenewswire.com/NewsRoom/AttachmentNg/9ad98ecb-6212-49bc-b09a-e06eb2b55b62 https://www.globenewswire.com/NewsRoom/AttachmentNg/75e27d75-8600-48b9-9567-656a28dc44d1

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