Lauren Maloney ’23 pitched Mondelez International (NYSE: MDLZ) on April 3, 2023. Mondelez International, Inc. is a global food and beverage company that manufactures and markets packaged food products headquartered in Chicago. Their core business is making and selling chocolate, biscuits and baked snacks, with additional businesses including gum & candy, cheese & grocery and powdered beverages. Mondelez sells its products in over 150 countries and generates most of its revenue outside the United States. They are among the largest snack companies in the world with global net revenues of approximately $31.5 billion in 2022. They hold the leading global position in biscuits as well as the number two position in chocolate. Popular brands include Oreo, belVita, Cadbury, Milka, Toblerone Chocolate, and Sour Patch Kids candy. SMIF voted to purchase 450 shares on a $69.50 limit. The purchase is financed by the sale the Consumer Staples sector ETF, XLP.