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Mondelez International forecasts bigger decline in annual profit

Oct 28 (Reuters) - Mondelez International MDLZ.O on Tuesday forecast a bigger decline in annual profit as consumers pulled back on purchases of its pricey chocolates and snacks in North America.

It expects 2025 adjusted earnings per share to decline about 15%, compared with its prior target of a 10% fall.

 (Reporting by Juveria Tabassum in Bengaluru; Editing by Maju Samuel and Shilpi Majumdar)

 ((Juveria.Tabassum@thomsonreuters.com;))

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