---
schema_version: "secwatch.filing_event.v1"
accession: "0001103982-23-000017"
form_type: "8-K"
ticker: "MDLZ"
cik: "0001103982"
company_name: "Mondelez International, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:07:10.486403+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001103982-23-000017
- form_type: 8-K
- ticker: MDLZ
- cik: 0001103982
- company_name: Mondelez International, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1103982/000110398223000017/0001103982-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1103982/000110398223000017/mdlz-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001103982-23-000017
- JSON: https://secwatch.observer/filing/0001103982-23-000017.json
- Plain text: https://secwatch.observer/filing/0001103982-23-000017.txt

## Key facts
- Earnings Releases
  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
  source text: On April 27, 2023, we issued a press release announcing earnings for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1103982/000110398223000017/0001103982-23-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.