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Mondelez Say Cyber Attack Will Hit Q2 Earnings

Mondelez International (MDLZ) is marked to open down on Friday after revealing last month's cyber attack will hit second quarter earnings.

Shares are marked 0.72% lower in premarket trading Friday, having closed at $43.06 on Thursday.

The snacks company Thursday, July 6, said it will likely see a 3% negative impact on their second quarter revenue growth from the June 27 Petya virus, which impacted its invoicing and shipping.

"Given the timing of this significant global attack, despite our best efforts, we experienced disruption in our ability to ship and invoice during the last four days of our second quarter," Mondelez said. "There are a few...


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