Oreo-maker Mondelez slips after lowering annual forecasts

Mondelez International

28/10/2025 20:24

Updates

** Shares of Cadbury parent Mondelez International MDLZ.O down 4.5% at $57.50 in after-hours trading

** Co lowers annual sales growth target and forecasts bigger decline in annual profit growth, hurt by muted demand for its expensive snacks and chocolates

** MDLZ expects 2025 organic net revenue growth to be about 4% vs. prior target of 5% growth

** Co also expects a 15% decline in annual adjusted earnings per share vs. prior target of 10% fall

** Up to last close, stock up ~3% YTD

 (Reporting by Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))