Mondelez International falls after reeling in sales growth expectations amid volume pressure

Mondelez International (NASDAQ: MDLZ) reported that its organic sales increased by 3.4% in Q3, slightly missing the consensus estimate of 3.8%.

In North America, organic sales declined by 0.3%, but this still surpassed the consensus expectation of a 1.9% decrease.

Meanwhile, organic sales in Latin America rose by 4.7%, contributing positively to the company’s overall performance.
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