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Kellanova delivered slightly higher revenue and exceeded internal profit expectations, driven by strong noodles growth in Africa and disciplined cost management. However, EPS and net income declined due to lower mark-to-market gains and higher taxes.
Kellanova posted modest organic revenue growth in Q2 2025, driven by strength in the Africa noodles business. However, the company faced challenges from demand softness in core categories, leading to declines in operating profit and EPS. Management exceeded internal expectations despite the macro environment and continues to focus on executing through the pending Mars merger.
Kellanova reported its first quarter 2025 results, with GAAP net sales decreasing by 4% year-on-year to $3.083 billion, primarily due to negative foreign currency translation. However, organic net sales increased by 1%, driven by emerging markets. Reported operating profit increased by 9% to $430 million, benefiting from the lapping of prior-year restructuring charges, while adjusted operating profit decreased by 13% to $441 million. Reported diluted earnings per share increased by 12% to $0.87, but adjusted diluted earnings per share decreased by 11% to $0.90.
Kellanova's Q4 2024 results showed a decrease in reported net sales due to adverse currency translation, but organic net sales increased by 7%. Reported operating profit increased significantly, driven by favorable mark-to-market impacts and improved gross profit margin. Earnings per share also saw a substantial increase.
Kellanova reported strong third-quarter results with organic net sales growth above its long-term target range and double-digit operating profit growth. Earnings per share continued their double-digit growth momentum owing to higher operating profit.
Kellanova reported strong second quarter results with organic growth within its long-term target range. Double-digit operating profit and earnings per share growth were sustained. The company raised its full-year 2024 guidance for organic net sales growth, adjusted-basis operating profit, adjusted-basis earnings per share, net cash provided by operating activities and free cash flow.
Kellanova announced strong first quarter results, marked by improving profit margins and signs of commercial activity restoring volume and share, while reaffirming its full-year outlook.
Kellanova's Q4 2023 net sales increased year-on-year, driven by revenue growth management actions and emerging market momentum. Operating profit and earnings per share also increased, with margin restoration and reimbursements for transition services to WK Kellogg Co. The company affirmed its 2024 financial outlook.
Kellanova reported flat net sales in Q3 2023, but organic net sales increased by 4%. The company sustained double-digit operating profit growth due to the restoration of gross profit margin. Kellanova provided guidance for Q4 2023, its first reporting period as a stand-alone company, projecting net sales of approximately $3.1 billion and adjusted operating profit between $380-$390 million.
Kellogg Company's second quarter 2023 results showed net sales growth of 4.6% and organic net sales growth of 7.1%. The company raised its full-year guidance for organic net sales growth and currency-neutral adjusted operating profit and earnings per share, driven by strong brand performance and profit margin recovery.
Kellogg Company reported strong first quarter 2023 results, driven by double-digit net sales growth and progress in recovering profit margins. The company raised its full-year guidance for organic net sales growth and currency-neutral adjusted operating profit and earnings per share.
Kellogg Company announced strong fourth quarter and full year 2022 results, exceeding its twice-raised guidance for currency-neutral growth. The company's net sales increased by 12% year on year, driven by revenue growth management actions, momentum in snacks and emerging markets, and North America cereal's continued recovery. The company issued 2023 financial guidance, projecting continued growth.
Kellogg Company announced its Q3 2022 results, showcasing strong net sales growth driven by positive price/mix and momentum in snacks globally. The company effectively navigated global supply challenges and cost pressures, leading to an increased full-year outlook for organic-basis net sales growth and adjusted earnings per share.
Kellogg Company reported strong second quarter 2022 results, driven by sustained net sales growth led by snacks, international momentum in noodles and cereal, and faster-than-expected recovery in North America cereal. The company raised its full-year earnings guidance, reflecting better-than-expected performance in the first half and confidence in managing supply and cost challenges.
Kellogg Company's third quarter 2021 net sales increased, led by international momentum and positive price/mix. The company increased operating profit year on year, despite high costs and economy-wide supply challenges. Kellogg raised its full-year outlook for net sales, while reaffirming its guidance for operating profit, earnings per share, and cash flow to reflect a current business environment of supply challenges and higher costs.
Kellogg Company announced stronger-than-expected second quarter 2021 results and affirmed its full-year financial guidance. Net sales grew, led by double-digit growth in emerging markets. The company raised its full-year outlook for net sales, while affirming its guidance for operating profit, earnings per share, and cash flow.
Kellogg Company reported strong first quarter 2021 results with net sales growth broad-based across regions and global categories, and operating profit and earnings per share grew on top of year-ago exceptional growth. On the strength of this performance, the Company increased its full-year financial outlook.
Kellogg Company announced strong fourth quarter and full year 2020 results, with net sales increasing on both a reported and organic basis. The company issued 2021 financial guidance that implies growth on a two-year basis.
Kellogg Company reported a nearly 2% increase in net sales, driven by strong organic growth and elevated demand for at-home consumption during the COVID-19 pandemic. The company raised its full-year financial guidance due to better-than-expected results in the third quarter.
Kellogg Company announced strong second quarter 2020 results driven by elevated at-home demand during the COVID-19 pandemic, particularly for cereal and frozen foods in developed markets. The company increased production to meet demand, resulting in higher profit margins. Strong cash generation enabled the Company to continue to enhance financial flexibility, leading to an increased full-year financial outlook.
Kellogg Company reported a decrease in net sales by 3.1%, but organic net sales increased by 8.0%. The company's performance was aided by increased demand due to the COVID-19 pandemic and the Deploy for Growth strategy. They affirmed their full-year financial guidance.
Kellogg Company's Q4 2019 results showed a decrease in reported net sales due to the absence of results from divested businesses, but organic net sales increased. The company's primary financial objective in 2019 was to deliver net sales growth, which they achieved through the execution of their Deploy For Growth strategy.
