Kellogg -4% after profit warning

Oct. 31, 2018 8:24 AM ETKellogg Company (K)KBy: Clark Schultz, SA News Editor2 Comments
  • Kellogg (NYSE:K) trails off in early trading after dramatically lowering its profit outlook during the company's earnings conference call.
  • Management says it expects EPS growth of 7% to 8% vs. +11% to +13% prior range. A variety of factors including a shift in mix are impacting Kellogg's bottom line.
  • Kellogg earnings call slides (.pdf)
  • Previously: Kellogg EPS in-line, beats on revenue (Oct. 31)
  • Shares of Kellogg are down 3.74% in premarket trading.

Recommended For You

Comments (2)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.