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Mondelez International beats Q1 sales, profit estimates
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Mondelez International beats Q1 sales, profit estimates
Apr 30, 2024 1:22 PM

April 30 (Reuters) - Cadbury parent Mondelez

International ( MDLZ ) beat market expectations for

first-quarter sales and profit on Tuesday, helped by steady

demand for its pricey products including chocolates and salty

crackers, despite rising inflationary costs.

The company posted net sales of $9.29 billion for the first

quarter, compared with analysts' average estimate of $9.16

billion, according to LSEG data.

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