Robust quarter and guidance raise give us further confidence about 2020.
Restructuring to continue and should support the bottom line in the next several years.
With the Hershey bid well behind them, another similar offer may be in the works, or potentially a different target of a similar size.
Basic Business/Product Analysis
Mondelez International (NASDAQ:MDLZ) focuses on several product categories, such as biscuits, chocolates, beverages, as well as gum and candy. MDLZ manufactures and sells products to wholesalers and mass merchandisers, with