Categories AlphaGraphs, Consumer, Earnings
Infographic: Highlights of Kellogg Company’s Q1 2022 earnings report
Kellogg Company (NYSE: K) has reported a modest decline in first-quarter earnings despite an increase in revenues. Sales grew across all geographical segments except the U.S.
Net income, adjusted for special items, dropped to $1.10 per share in the most recent quarter from $1.11 per share a year earlier. Meanwhile, unadjusted profit rose to $422 million or $1.23 per share from $368 million or $1.07 per share.
Read management/analysts’ comments on quarterly results
The company also provided guidance for the full fiscal year, projecting a 4% increase in organic sales and a 1-2% increase in adjusted operating profit. The management is looking for cash flows of $1.7-1.8 billion for fiscal 2022.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
StubHub Holdings set to enter public markets. Here’s what to expect
After a modest start to the year, the IPO market is witnessing an increase in activity led by technology and healthcare companies. StubHub Holdings, a leading online ticket marketplace for
Can Beyond Meat (BYND) overcome its persistent challenges?
Shares of Beyond Meat, Inc. (NASDAQ: BYND) stayed red on Tuesday. The stock has dropped 19% over the past three months. The plant-based meat company continues to struggle in terms
CarMax (KMX) likely to report strong earnings growth for Q4 2025
After reporting robust earnings growth for the third quarter, CarMax, Inc. (NYSE: KMX) is preparing to publish Q4 results next week. Over the years, the company has fostered customer loyalty
