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Mondelez misses fourth-quarter revenue estimates

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Mondelez misses fourth-quarter revenue estimates

Feb 4, 2025 1:37 PM

Feb 4 (Reuters) - Cadbury-parent Mondelez International ( MDLZ )

missed Wall Street estimates for fourth-quarter revenue

on Tuesday, as higher prices for its chocolates and biscuits

hurt demand during the crucial holiday season.

The company reported net revenue of $9.60 billion for the

quarter ended Dec. 31, compared with analysts' average estimate

of $9.64 billion, according to data compiled by LSEG.

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