Kellanova (K) Stock Up on Former Kellogg's Q1 Earnings Beat
KKellogg(K) Zacks Investment Research·2024-05-03 00:10

Kellanova (K) delivered first-quarter 2024 results for the company that formerly operated as Kellogg Company. The company’s top and the bottom line surpassed the Zacks Consensus Estimate in the quarter. The company’s quarterly earnings increased year over year while net sales fell from the year-ago quarter’s level.Despite industry-wide volume softness and currency headwinds, the company managed to achieve organic net sales growth toward the upper end of its long-term target range. Management is on track wit ...