Kellogg’s quarterly sales fell 6.6 per cent, the sixth straight quarter of decline, as demand slid for its breakfast foods and snacks.
However, net income attributable to the company rose to $280 million, or 79 cents per share, in the second quarter ended July 2nd from $223 million, or 63 cents per share, a year earlier.
Net sales slumped to $3.27 billion from $3.50 billion.
Reuters