Mondelez International, Inc. updated revenue guidance for the year fiscal 2022. For the year, the company is updating its fiscal 2022 outlook to reflect expectations for continued top-line growth, higher cost of goods sold inflation, the timing effect of additional pricing actions and the impact of the war in Ukraine. For 2022, the company now expects 8%+ Organic Net Revenue growth, which reflects the strength of its first half and higher pricing related to increased input costs.

Outlook is provided in the context of greater than usual volatility as a result of COVID-19 and geopolitical uncertainty.