Consumer confidence is under threat as prices of everyday essentials continue to rise due to the conflict in Iran, according to Mondelēz International’s CEO. Dirk Van de Put, during the Oreo maker’s first-quarter earnings call, expressed concern over the impact…
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Iran
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Mondelēz International’s CEO expressed concerns about the impact of the Iran conflict on consumer confidence and the rising prices of everyday essentials. During the company’s first-quarter earnings call, Dirk Van de Put highlighted that shoppers are feeling anxious due to…
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Dive Brief: Lamb Weston executives anticipate facing challenges in volume due to the ongoing conflict in the Middle East for the current fiscal year, as discussed in a recent earnings call on April 1. The company foresees a decrease in…