Mondelez At Barclays Global Consumer Staples ConferenceSays China Probably Offers Opportunity To At Least Double The Amount Of Stores There; Says Will Try To Price At Replacement Cost And Protect Small Unit Price Points In Emerging Markets
Portfolio Pulse from Benzinga Newsdesk
Mondelez International, Inc. (MDLZ) announced at the Barclays Global Consumer Staples Conference that it sees potential to at least double its store count in China. The company also plans to price at replacement cost and protect small unit price points in emerging markets.
September 06, 2023 | 11:57 am
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Mondelez's plans to expand in China and protect small unit price points in emerging markets could potentially boost its revenues and profitability.
Mondelez's announcement of its plans to double its store count in China indicates a significant expansion strategy. This could potentially lead to increased revenues and profitability, especially if the company successfully protects small unit price points in emerging markets. Therefore, this news is likely to have a positive impact on the company's stock price in the short term.
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