Recall hits Kellogg 3Q profits
date:Nov 05, 2012
s performed better during the quarter than we had expected. While it's early, we remain optimistic regarding the potential of this iconic brand.

The company reaffirmed its guidance for full-year internal net sales growth of between 2-3%. Due to the cost of last month's recall, the company now expects that full-year internal operating profit will decline between 4-6%. The company also reaffirmed its guidance for as-reported earnings per share to be in a range between $3.18 and $3.30 per share, i
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