From Yahoo Finance.: 2025-04-29 16:16:00

Cadbury-parent Mondelez International surpassed first-quarter profit expectations, fueled by higher prices for chocolates and biscuits. The company’s strategic price increases and new product launches, like Glow Ups Sour Patch Kids, attracted consumers amidst stiff competition. However, potential uncertainties loom due to Trump’s tariff policies and trade wars impacting expansion efforts. Mondelez’s shares rose 2% post-earnings report, with net revenue slightly below estimates at $9.31 billion. CEO Dirk Van de Put remains optimistic about the full-year outlook.

Read more: Mondelez beats first-quarter profit estimates on higher prices