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.
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!
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales