date:May 08, 2013
on the low end of its forecast of 5 to 7 percent. But it cited tax items and raised its outlook for operating earnings to $1.55 to $1.60 per share, up from $1.52 to $1.57 per share.
Mondelez split from Kraft Foods Group Inc. last fall so that each of the companies could concentrate on a more focused stable of brands. Kraft held onto North American grocery staples such as Oscar Mayer, Jell-O and Maxwell House. Mondelez, based in Deerfield, Ill., took global snacks that are expected to grow at f