Kellogg (K) Tops Q2 EPS by 14c; Raises Outlook

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Go back to Kellogg (K) Tops Q2 EPS by 14c; Raises Outlook

Kellogg (K) Boosts Sales, Profit Forecast

August 4, 2022 12:24 PM EDT

Kellogg (NYSE: K) shares gained in early Thursday trading after the company beat earnings and revenue expectations and boosted guidance.

The food manufacturing company reported earnings of $1.18 per share, beating analyst estimates of $1.04. Revenue for the quarter came in at $3.86 billion versus the consensus estimate of $3.64 billion.

Kellogg has been steadily raising product prices to combat rising costs as inflation... More