K - Food Giant Kellanova Guides For Its First Reporting Period As Stand-Alone Company - What's On The Cards? | Benzinga

Kellanova (NYSE: K) reported third-quarter 2023 results for what was then Kellogg Company. Reported net sales declined 0.2% year-on-year to $3.94 billion, beating the analyst consensus estimate of $3.62 billion. Organic sales increased 3.9%.

Net sales were held flat by adverse currency translation and the divestiture of its business in Russia.

On October 2, 2023, Kellogg Company completed the separation of its North America cereal business, resulting in two independent companies, Kellanova (formerly Kellogg Company) and WK Kellogg Co (NYSE: KLG).

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