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Mondelez Q1 Profit Surges on Global Growth

Wall Street Journal US Business •
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Mondelez International topped Wall Street expectations with a stronger-than-anticipated first quarter, reporting $560 million in profit. The food company's earnings jumped 39% year-over-year, with adjusted earnings per share rising from 31 cents to 44 cents, as the global snack maker capitalized on resilient consumer demand across its portfolio.

The impressive performance stemmed primarily from double-digit growth in Latin America and the Asia, Middle East, and Africa region. These emerging markets delivered the strongest results, offsetting some softer performance in North America. Mondelez's diverse product portfolio, including iconic brands like Oreo and Cadbury, continues to resonate with international consumers.

The results signal Mondelez's successful international expansion strategy and demonstrate the strength of its global brand portfolio. With emerging markets continuing to drive growth, the company appears well-positioned to maintain momentum despite challenging economic conditions in some developed markets.