Kellogg raises forecast for full-year sales, profit
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Kellogg (K) Boosts Sales, Profit Forecast
August 4, 2022 12:24 PM EDTKellogg (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
