The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van de Put said. The company previously said it expects to raise prices.
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling ...
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices ...
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...
The stock of Mondelez International is down 5% after the snack food company reported mixed financial results for the fourth and final quarter ...
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, ...
Mondelez International reported earnings missed that missed expectations and guided for a drop in 2025 adjusted earnings as it navigates rising cocoa costs. Shares fell 5% to $53.70 after the ...