Mondelez International on Tuesday beat third-quarter revenue and profit estimates, as the Cadbury parent’s efforts to provide its products at different price points drove a sequential improvement in sales volumes.
Mondelez International on Tuesday beat third-quarter revenue and profit estimates, as the Cadbury parent’s efforts to provide its products at different price points drove a sequential improvement in sales volumes.
Mondelez International, the packaged-food giant behind Oreo cookies, sold lower amounts of products in the fourth quarter, as inflation finally takes a toll on consumer demand.
July 27 (Reuters) – Mondelez International (MDLZ.O) on Thursday raised its full-year growth forecasts for the second time this year, helped by robust demand for the Oreo maker’s snacks and chocolates despite several rounds of price increases.