Mondelez International Inc Class A

MDLZ: XNAS (USA)
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Mondelez Earnings: Cocoa Costs Dent Profits, but Prudent Levers Being Employed to Dull the Angst

Mondelez's first-quarter adjusted operating margin cratered 370 basis points to just 14.8% even as organic sales popped 3.1% on a 6.6% benefit from higher pricing.

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