WK Kellogg Co (KLG) Misses Q1 EPS by 16c; offers outlook
WK Kellogg Co (NYSE: KLG) reported Q1 EPS of $0.20, $0.16 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $663 million versus the consensus estimate of $696.92 million.
OUTLOOK
Due to its first quarter results and weaker than expected consumption trends, WK Kellogg Co is lowering 2025 organic net sales growth and 2025 adjusted EBITDA growth guidance.
• 2025 organic net sales growth is now projected to be approximately (2.0)% to (3.0)%, compared to the prior guidance of ~(1.0)%.
• 2025 adjusted EBITDA growth is now projected to be flat to (2.0)%, compared to the prior guidance of 4.0% to 6.0%.
For earnings history and earnings-related data on WK Kellogg Co (KLG) click here.
