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Snack Giant Mondelez Says Inflation Pressure Drives Global Demand for Smaller Packs

By PYMNTS

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Source excerpt · PYMNTS

Mondelez International saw broad-based demand for its snack foods in the third quarter, despite concerns about inflation and the cost of living in both developed and emerging markets, Chairman and CEO Dirk Van de Put said in a Thursday (Oct. 29) press release. Worldwide, Mondelez’s net revenues were up 2.3% year over year to $9.97 billion in the third quarter, according to […] The post Snack Giant…