Mondelez CEO Sees Business Improving 'Nicely' After 2Q

The transcript discusses the impact of COVID-19 on market stabilization, consumer behavior, and business strategies. It highlights the structural changes in consumer habits, such as increased snacking and e-commerce, and the challenges posed by the recession. The company adapts by offering products at various price points and managing costs while maintaining innovation. The decline of the dollar is seen as beneficial due to the company's significant international presence.

What is the expected trend for global sales after Q2 according to the transcript?

• Sales are expected to decline further.

• Sales will fluctuate unpredictably.

• Sales are expected to stabilize and improve.

• Sales will remain the same as Q2.

How has consumer behavior changed in terms of snacking during the pandemic?

• Snacking habits have remained unchanged.

• Consumers are snacking less at home.

• There is an increase in snacking at home.

• Snacking has shifted to outdoor activities.

What is one of the major changes in shopping behavior mentioned in the transcript?

• A shift back to traditional retail shopping.

• An increase in e-commerce for groceries.

• A decline in online grocery shopping.

• A rise in impulse buying in stores.

What is the expected impact of a recession on snacking categories?

• Snacking categories will suffer greatly.

• Snacking categories will become luxury items.

• Snacking categories will remain stable.

• Snacking categories will perform well due to affordability.

What strategy is being used to maintain growth in emerging markets?

• Focusing solely on luxury items.

• Offering products at different price points.

• Increasing product prices.

• Reducing product variety.

How does the company plan to manage costs while maintaining innovation?

• By simplifying business operations.

• By halting all new product development.

• By outsourcing all production.

• By increasing travel and office expenses.

What is the impact of the declining dollar on the business?

• It negatively affects the cost structure.

• It has no impact on the business.

• It benefits the business due to international sales.

• It causes a decrease in international sales.