date:Nov 02, 2018
The Kellogg Co. continues to see sales growth opportunity in single-serve, on-the-go packaging formats, even after investing in the formats reduced third-quarter operating profit.
The Battle Creek-based company in the quarter ended Sept. 29 reported operating profit of $396 million, up 19% from $333 million in the previous years third quarter due principally to lower restructuring charges and favorable mark-to-market impacts year-on-year. Adjusted operating profit, however, was $471 million, do