Mondelez Sees US Snack Volume Decline Amid ‘Mixed' Consumer Confidence
Mondelez International(MDLZ) PYMNTS·2024-05-01 10:52
Consumer confidence in the United States is mixed, with many shoppers looking for deals when it comes to chocolate, biscuits and baked snacks.That finding contrasts with consumer confidence in Europe, which is stable, and in emerging markets, where it is strong, consumer packaged goods (CPG) company Mondelez International said in a presentation released Tuesday (April 30) in conjunction with the firm’s quarterly earnings call.Mondelez, whose brands include Cadbury chocolate, Oreo cookies and CLIF baked snac ...