Kellogg Company Announces CFO Transition at End of Second Quarter

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Kellogg (K) Tops Q1 EPS by 6c

May 2, 2019 8:07 AM EDT

Kellogg (NYSE: K) reported Q1 EPS of $1.01, $0.06 better than the analyst estimate of $0.95. Revenue for the quarter came in at $3.52 billion versus the consensus estimate of $3.54 billion.

Kellogg is updating its guidance solely to provide further indications of the likely impact of the pending divestiture of selected cookies, fruit snacks, pie crusts, and ice-cream cones businesses, which was announced in... More