In This Article:
WK Kellogg Co (NYSE:KLG) Second Quarter 2024 Results
Key Financial Results
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Revenue: US$672.0m (down 4.0% from 2Q 2023).
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Net income: US$31.0m (up 15% from 2Q 2023).
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Profit margin: 4.6% (up from 3.9% in 2Q 2023).
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EPS: US$0.36.
All figures shown in the chart above are for the trailing 12 month (TTM) period
WK Kellogg Co Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Food industry in the US.
Performance of the American Food industry.
The company's shares are down 8.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for WK Kellogg Co that you need to be mindful of.
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