Mondelēz International, Inc. (MDLZ) Q3 2022 Earnings Call Transcript

Mondelēz International, Inc. (NASDAQ:MDLZ) Q3 2022 Earnings Conference Call November 1, 2022 5:00 PM ET

Company Participants

Shep Dunlap - VP, IR

Dirk Van de Put - Chairman & CEO

Luca Zaramella - EVP & CFO

Conference Call Participants

Bryan Spillane - Bank of America

Ken Goldman - JPMorgan

Andrew Lazar - Barclays

Robert Moskow - Credit Suisse

Chris Growe - Stifel

Robert Dickerson - Jefferies

Pamela Kaufman - Morgan Stanley

John Baumgartner - Mizuho Securities

Operator

Good day, and welcome to the Mondelēz International Third Quarter 2022 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Mondelēz management and the question-and-answer session. [Operator Instructions]

I'd now like to turn the call over to Mr. Shep Dunlap, Vice President, Investor Relations for Mondelēz. Sir, please go ahead.

Shep Dunlap

Good afternoon, and thanks for joining us. With me today are Dirk Van de Put, our Chairman and CEO; and Luca Zaramella, our CFO. Earlier today, we sent out our press release and presentation slides, which are available on our website.

During this call, we'll make forward-looking statements about the company's performance. These statements are based on how we see things today. Actual results may differ materially due to risks and uncertainties. Please refer to the cautionary statements and risk factors contained in our 10-K, 10-Q and 8-K filings for more details on our forward-looking statements.

As we discuss our results today, unless noted as reported, we'll be referencing our non-GAAP financial measures, which adjust for certain items included in our GAAP results. In addition, we provide our year-over-year growth on a constant currency basis unless otherwise noted. You can find the comparable GAAP measures and GAAP to non-GAAP reconciliations within our Q3 2022 earnings release and at the back of the slide presentation.

Today, Dirk will provide a business and strategy update, then Luca will review our financial results and outlook. We will close with Q&A. I'll now turn the call over to Dirk.

Dirk Van de Put

Thanks, Shep, and thanks to everyone for joining the call today. I will start on Slide 4. I am pleased to share that we delivered another robust quarter with high quality top line growth continued strength in both developed and emerging markets and strong profit dollar growth. This execution, combined with continued acceleration of our strategic initiatives, supports raising our full year revenue growth and adjusted EPS outlook.