Kellogg Company (NYSE: K) reported second quarter 2023 earnings results today. Net sales increased 4.6% year-over-year to $4 billion. Organic sales grew 7.1%. Net income attributable to Kellogg Company was $357 million, or $1.03 per share, compared to $326 million, or $0.95 per share, last year. Adjusted EPS grew 5.9% to $1.25. Earnings beat expectations […]
“Kellogg Company (NYSE: K) reported second quarter 2023 earnings results today. Net sales increased 4.6% year-over-year to $4 billion. Organic sales grew 7.1%. Net income attributable to Kellogg Company was $357 million, or $1.03 per share, compared to $326 million, or $0.95 per share, last year. Adjusted EPS grew 5.9% to $1.25. Earnings beat expectations […]
· August 3, 2023
Kellogg Company (NYSE: K) reported second quarter 2023 earnings results today.
Net sales increased 4.6% year-over-year to $4 billion. Organic sales grew 7.1%.
Net income attributable to Kellogg Company was $357 million, or $1.03 per share, compared to $326 million, or $0.95 per share, last year. Adjusted EPS grew 5.9% to $1.25.
Earnings beat expectations while revenue fell short.
For the full year of 2023, organic net sales are expected to grow approx. 7%.
