1124 ET - Mondelez International expects adjusted earnings per share to fall 10% in 2025 due to elevated cocoa costs, after the snack maker said operating income declined 28% in the fourth quarter primarily due to that inflation. If chocolate costs remain high, Mondelez plans to gradually increase prices in the second half of this year, especially in developed markets, but the company said consumer confidence is still rocky, which could pose challenges to its pricing plan. Chief financial officer Luca Zaramella said he expects earnings per share to grow again in 2026, either from price increases or cocoa costs normalizing. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
February 05, 2025 11:24 ET (16:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。