Topic: Kellogg Company
Food maker Kellogg Co. reported Thursday that higher costs and lower sales dampened its fourth-quarter profit, but it said it has positioned itself for growth and raised its earnings expectations for the year. Kellogg, based in Battle Creek, Mich., now expects to earn $3.51 to $3.57 per share ...
A class-action lawsuit filed Monday accuses Kellogg's of tricking consumers into believing its Nutri-Grain cereal bars are healthy, when in fact they contain “inherently dangerous” trans fat, which the plaintiffs say makes the product “unfit for human consumption.” The suit contends that “Kellogg misleads consumers into believing that Nutri-Grain ...
Kellogg Co, the world's leading cereal maker, reports its fourth-quarter results before the market opens Thursday. WHAT TO WATCH FOR: Early payoff from heavier advertising after the company recently said it would increase its advertising spending by double digits. Kellogg's brand-name products, including Rice Krispie and Special K cereals, have remained popular ...
