06-05-2025
Kellogg Trims Outlook, Citing Weakened Consumer Demand
WK Kellogg Co. reduced its annual sales outlook, pointing to broader weakness amid declining demand for cereal.
The company, owner of brands including Froot Loops and Frosted Flakes, said organic sales, which exclude currency changes and other items, will fall this year by as much as 3%. That's larger than the roughly 1% decline forecast in February.