Mondelez misses fourth-quarter revenue estimates

Reuters

2025/02/05

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

(Reporting by Neil J Kanatt in Bengaluru; Editing by Shilpi Majumdar)

((Neil.JKanatt@thomsonreuters.com;))

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