Mondelēz Q1 net revenue $9.17B, +18.1%; organic growth +19.4%; raises FY outlook

Mondelez International, Inc.

2023-Q1 EPS reported $1.52 revenue$9,166,000,000

Reported EPS $1.52 (+149%); Adjusted EPS $0.89 (+17.3% constant currency), driven by pricing and solid volume/mix.
Organic Net Revenue growth of 19.4% with pricing +16.2% and volume/mix +3.2%; all regions contributed.
Raised 2023 outlook: Organic Net Revenue growth now expected to be 10%+ and Adjusted EPS growth 10%+ constant currency.
Returned $0.9B to shareholders via dividends and buybacks; Free Cash Flow $0.9B, down $0.1B YoY.
Adjusted gross profit margin down 170bps to 37.1% due to higher raw material and transportation costs.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mondelez International, Inc. updated its the first quarter ended March 31, 2023 guidance (raised).

Period: the first quarter ended March 31, 2023
Guidance: raised
Result: preliminary results

Exact text from the filing

On April 27, 2023, we issued a press release announcing earnings for the first quarter ended March 31, 2023.

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Mondelez International, Inc. filing history →

Source: SEC EDGAR

accession 0001103982-23-000017

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