1840 ET - Mondelez International faces a manageable effect from tariffs, with the majority of its U.S. products sourced domestically or in compliance with USMCA policies, CFO Luca Zaramella says on a call with analysts. Zaramella says some of the company's sourcing of finished goods and ingredients are subject to tariffs, which has been factored into the company's current outlook, which guides for a decline in full-year adjusted EPS due to cocoa cost inflation. "I can't rule out the fact that there will be maybe a little bit more pressure going forward from tariffs. The direct impact to Mondelez is really minimal and manageable," he said, adding the company is sitting down with suppliers to negotiate. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 29, 2025 18:40 ET (22:40 GMT)
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