secwatch.observer — SEC 8-K summary
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Issuer:     Mondelez International, Inc. (MDLZ)
CIK:        0001103982
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001103982-23-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1103982/000110398223000017/0001103982-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1103982/000110398223000017/mdlz-20230427.htm
  HTML page:      https://secwatch.observer/filing/0001103982-23-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer