August 2, 2018 / 12:09 PM / 16 days ago

Kellogg quarterly sales top Wall Street estimates

Aug 2(Reuters) - Cereal maker Kellogg Co topped Wall Street estimates for sales on Thursday, helped by its acquisition of RXBAR and consolidation of Nigerian distributor Multipro.

Net income rose to $596 million, or $1.71 per share, in the second quarter ended June 30, from $283 million, or 80 cents per share, a year earlier.

Net sales rose to $3.36 billion from $3.18 billion. Analysts had estimated revenue of $3.30 billion, according to Thomson Reuters I/B/E/S. (Reporting by Nivedita Balu in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below