Oreo Cookie Maker Trims Outlook as High Cocoa Prices Erode Performance
Mondelez International Inc. lowered its full-year outlook as high cocoa prices continue to present an obstacle to the maker of Oreo cookies and Ritz crackers.
By Kristina Peterson ยท Bloomberg Markets
Mondelez International Inc. lowered its full-year outlook as high cocoa prices continue to present an obstacle to the maker of Oreo cookies and Ritz crackers.