Mondelez International Inc Class A
MDLZ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W> | LOCK|>c | LOCK|B%^Xnpz |
Mondelez Earnings: Volume Gains Suggest Brand Spending Hitting the Mark; Shares Offer a Tasty Treat
Mondelez posted 2.1% organic sales growth in the third quarter and a 380-basis-point jump in adjusted gross margin to 34.2%. Shares shot up around 6% in after-hours trading on Oct. 29.
