Mondelez International Inc Class A
MDLZ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <^c | LOCK|>! | LOCK|&w?q#s |
Mondelez Earnings: Sales Growth Amid Persistent Inflationary Environment Evidences Brand Prowess
Mondelez cooked up 3% organic sales growth in the first quarter, with a 3.5% benefit from higher prices offsetting a 0.5% decline in volume. Its adjusted operating margin shrank 310 basis points to 11.7% as productivity savings were unable to blunt cocoa inflation and stepped-up brand spending.
