Categories AlphaGraphs, Consumer, Earnings

K Earnings: All you need to know about Kellogg’s Q2 2023 earnings results

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%.

Prior performance

Most Popular

Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results

McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion.   Net income

Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator

Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although

Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter

Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now

Add Comment
Viewing Highlight