Kellanova Q1 2025 Earnings Report

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.