Kellogg Company (K) CEO Steve Cahillane on Q1 2019 Results - Earnings Call Transcript

May 02, 2019 1:30 PM ETKellanova (K) StockK1 Comment
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Q1: 2019-05-02 Earnings Summary

EPS of $1.01 beats by $0.06
 | Revenue of $3.52B (3.56% Y/Y) misses by $11.20M

Kellogg Company (NYSE:K) Q1 2019 Earnings Conference Call May 2, 2019 9:30 AM ET

Company Participants

John Renwick - Vice President, Investor Relations & Corporate Planning
Steve Cahillane - Chairman & Chief Executive Officer
Fareed Khan - Senior Vice President & Chief Financial Officer
Amit Banati - Senior Vice President & President, Asia-Pacific

Conference Call Participants

Laurent Grandet - Guggenheim
Rob Dickerson - Deutsche Bank
Jason English - Goldman Sachs
Alexia Howard - Bernstein
Chris Growe - Stifel
Robert Moskow - Credit Suisse
Ken Goldman - JPMorgan
Bryan Spillane - Bank of America
Priya Ohri-Gupta - Barclays
David Driscoll - Citi
Eric Larson - Buckingham Research Group

Operator

Good morning. Welcome to the Kellogg Company First Quarter 2019 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. [Operator Instructions] Please limit yourself to one question during the Q&A session. Thank you. Please note this event is being recorded.

At this time, I will turn the call over to John Renwick, Vice President of Investor Relations and Corporate Planning for Kellogg Company. Mr. Renwick you may begin your conference call.

John Renwick

Thank you, Gary. Good morning and thank you for joining us today for a review of our first quarter 2019 results and update of our full year 2019 outlook. I'm joined this morning by Steve Cahillane, our Chairman and CEO; and Fareed Khan, our Chief Financial Officer who has announced that he will be leaving Kellogg this summer. Therefore we are also joined by Amit Banati who is on the call not only as our current President of AMEA, but also as our incoming CFO.

Slide number three shows our usual forward-looking statements disclaimer. As you are aware certain statements made today such as projections

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