WK Kellogg (KLG) Q2 Revenue Falls 9%

WK Kellogg (NYSE:KLG), the company behind household-name cereals such as Frosted Flakes, Special K, and Froot Loops, published its earnings for the second quarter of fiscal 2025 on August 7, 2025. The company reported GAAP earnings per share of $0.09 in Q2 FY2025, well below the analyst consensus of $0.28 (GAAP), and GAAP revenue of $613 million in Q2 2025, missing GAAP revenue estimates by about $9 million. Both GAAP net sales and net income were noticeably lower compared to Q2 2024. Overall, the quarter showed declining sales and profitability on a GAAP basis, larger cash outflows, and the impact of ongoing business restructuring as the company heads toward acquisition by Ferrero. Source: Analyst estimates for the quarter provided by FactSet. WK Kellogg is a major U.S. food company, best known for its ready-to-eat cereal brands. Its top products include Frosted Flakes, Special K, Rice Krispies, and Froot Loops, supported by marketing icons Tony the Tiger and Toucan Sam. The business was recently spun out of Kellanova and operates independently, although it continues to rely on transition and supply agreements with its former parent until October 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool