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Mondelez’s Sales in Emerging Markets Bounce Back

Mondelez’s Sales in Emerging Markets Bounce Back

Mondelez International Inc. said sales of its snacks and candy are improving in emerging markets after months of lockdowns and economic turmoil stemmi

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Mondelez International Inc. said sales of its snacks and candy are improving in emerging markets after months of lockdowns and economic turmoil stemming from Covid-19.

The maker of Oreo cookies, Trident gum and Triscuit crackers was hit hard this year as the pandemic squashed demand in Asian and Latin American countries. In Mexico, for instance, Mondelez’s large gum-and-candy business has shown the effect of people going out less often and making fewer trips to convenience stores.

The…

This post first appeared on wsj.com

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