Latest Mondelez International Inc News

Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain

May. 09, 2024 12:22 PM EDT

NEW YORK (AP) — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is...

Mondelez: Q1 Earnings Snapshot

Apr. 30, 2024 16:18 PM EDT

CHICAGO (AP) — CHICAGO (AP) — Mondelez International Inc. (MDLZ) on Tuesday reported first-quarter profit of $1.41 billion. On a per-share basis, the Chicago-based company said it had profit of $1.04. Earnings, adjusted for non-recurring gains, came to 95 cents per share. ...