Mondelez International 4Q Sales Climb on Higher Prices
Mondelez International Inc.
MDLZ 0.93%
reported a double-digit boost to its fourth-quarter sales, helped by higher prices for its cookies and candies, as well as added revenue from recent acquisitions.
The Chicago-based maker of Oreo cookies and Triscuit crackers said Tuesday that sales climbed 14% in the recent period to $8.7 billion, beating analysts’ expectations of $8.33 billion, according to FactSet.
Mondelez, which…