Mondelez Int'l (MDLZ) Tops Q1 EPS by 9c; Reaffirms
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Mondelez International Reports Q1 Results and Reaffirms 2016 Outlook
April 27, 2016 8:00 AM EDTDiluted EPS was $0.35, up 84%; Adjusted EPS1 was $0.48, up 31% on a constant-currency basisOperating Income margin was 11.2%, up 80 basis points; Adjusted Operating Income1 margin expanded 240 basis points to 15.1%Net revenues decreased 16.8%; Organic Net Revenue1 grew 2.1%Mark Clouse, Chief Commercial Officer, to leave company to become CEO of a North American publicly traded food companyÂ
DEERFIELD, Ill., April 27, 2016 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its first quarter 2016 results, with strong Adjusted Operating Income margin expansion and Adjusted EPS growth on a... More
