(Reuters) – Mondelez International Inc beat Wall Street estimates for quarterly revenue on Tuesday, as higher prices and sustained demand for the Oreo maker’s chocolates and snacks helped it overcome a hit to business from supply chain hurdles.
Net revenue rose to $7.76 billion in the first quarter from $7.24 billion a year earlier, topping analysts’ average estimate of $7.39 billion, according to Refinitiv IBES data.
(Reporting by Deborah Sophia in Bengaluru; Editing by Krishna Chandra Eluri)
