Seeking Alpha

More on Mondelez International's Q2

  • Mondelez International (NASDAQ:MDLZ) reports organic sales rose 1.2% in Q2.
  • Volume/mix fell 2.4% during the period, but prices were 3.6% higher.
  • The company saw the strongest regional growth from Latin America.
  • Adjusted gross profit margin -90 bps to 36.9%.
  • The outlook for full-year organic sales growth is cut to a range of 2% to 2.5% -  from a prior view for 3% growth.
  • MDLZ -2.1% premarket

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