Latest Mondelez International Inc News
Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
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
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. ...
It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits
ACCRA, Ghana (AP) — Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa supplies and the earnings of farmers in West Africa. About three-quarters of the...
