Mondelez International (NASDAQ:MDLZ) reports organic sales rose 1.2% in Q2.
Volume/mix fell 2.4% during the period, but prices were 3.6% higher.
The company saw the strongest regional growth from Latin America.
Adjusted gross profit margin -90 bps to 36.9%.
The outlook for full-year organic sales growth is cut to a range of 2% to 2.5% - from a prior view for 3% growth.
MDLZ -2.1% premarket