Reports Q4 revenue $8.7B, consensus $8.33B. "Our 2022 results demonstrate the strength and diversification of our portfolio as we delivered broad-based growth in terms of regions, categories, and brands. We delivered strong gross profit dollar growth, driven by double-digit top-line growth supported by both pricing and volume, enabling robust cash flow generation and significant return of capital to shareholders. These results were underscored by continued strength in emerging and developed markets as well as solid contributions from our recently acquired businesses," said Dirk van de Put, Chairman and CEO. "We made significant progress against our strategy of accelerating growth and focusing our portfolio in the attractive, resilient categories of chocolate, biscuits and baked snacks, while continuing to invest in our brands and capabilities. We also continued to deliver strong marketplace execution amid challenging operating conditions and continued macroeconomic volatility."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on MDLZ:
- Mondelēz International Declares Regular Quarterly Dividend of $0.385 per share
- Here’s What’s Behind Mondelez’s (NASDAQ:MDLZ) Q4 Beat
- Mondelēz International Reports Q4 and FY 2022 Results
- Mondelez options imply 2.6% move in share price post-earnings
- Mondelez call volume above normal and directionally bullish