Stock price falls 11% after first-quarter results announced.

Guidance for full-year sales rises to $12.6 billion to $13 billion.

Supply chain limits slow company’s ability to meet rising private label demand.

International business unit struggles as it’s faced with multiple challenges.

Net income falls 12% in first quarter.

Volumes in consumer brands unit increase 20%. 

Net income still falls in first quarter.

Raises sales guidance for 2022.

Impairment charges contribute to drag on earnings.

The segment’s sales increase 46% behind strong demand.