Kellogg Co. said earnings rose 10% in...
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Kellogg Co. said earnings rose 10% in the second quarter, and the company credited the larger volumes of ready-to-eat cereal.
Earnings for the three months ended June 30 were $168.1 million, or 70 cents per share, compared to $152.3 million, or 63 cents a share, in the same period a year ago.
Sales of $1.58 billion in the second quarter rose 12% from last year’s $1.41 billion, the Battle Creek, Mich.-based firm said.
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