WK Kellogg (KLG) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.37 per share a year ago.
The cereal maker now forecasts sales to decline 2% to 3% for the year instead of 1%, as previously projected.
WK Kellogg (KLG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WK Kellogg (KLG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The state of Texas on Saturday said it opened a probe into WK Kellogg , saying the breakfast cereal maker could be violating state laws by advertising its products as "healthy."
WK Kellogg (KLG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors interested in Consumer Products - Staples stocks are likely familiar with WK Kellogg (KLG) and Kimberly-Clark (KMB). But which of these two stocks offers value investors a better bang for their buck right now?
WK Kellogg Co.'s Q4 earnings were mixed, with sales down 1.7% y/y, but operational efficiency improvements led to higher margins. Management's focus on supply chain modernization and potential inorganic growth avenues like licensing and M&A shows promise but needs time to materialize. Uncertainty from tariffs and market conditions makes me hesitant to start a position now; I'll monitor the company's progress over the next few quarters.
Shares of leading cereal marker WK Kellogg (KLG 10.19%) were up 11% as of 3:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.
KLG Q4 results show lower net sales but higher earnings. The gross margin expands 130 bps y/y on cost discipline and operational efficiency improvements.
WK Kellogg Co (NYSE:KLG ) Q4 2024 Earnings Conference Call February 11, 2025 9:30 AM ET Company Participants Karen Duke - VP of Finance & IR Gary Pilnick - Chairman and CEO Dave McKinstray - CFO Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Kenneth Goldman - JPMorgan Max Gumport - BNP Paribas Matthew Smith - Stifel David Palmer - Evercore ISI Robert Dickerson - Jefferies Robert Moskow - TD Securities Operator Hello, everyone, and welcome to the WK Kellogg Fourth Quarter 2024 Earnings Call. My name is Lydia, and I'll be your operator today.
Facing a drop in US market share, WK Kellogg (KLG) hopes to glaze over the issue.