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Kellogg cuts sales forecast as cereal continues decline

2015-02-12 18:42:09| Food - Topix.net

Kellogg said Thursday that its cereal unit suffered another quarterly sales decline, and the company cut its long-term revenue forecast. The maker of Frosted Flakes, Pop Tarts and Special K said it now expects core revenue to rise between 1 to 3 percent over the long-term, down from the previous forecast of 3 to 4 percent.

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Kellogg cuts sales forecast as cereal continues decline

2015-02-12 16:37:59| Agriculture - Topix.net

Kellogg said Thursday that its cereal unit suffered another quarterly sales decline, and the company cut its long-term revenue forecast. The maker of Frosted Flakes, Pop Tarts and Special K said it now expects core revenue to rise between 1 to 3 percent over the long-term, down from the previous forecast of 3 to 4 percent.

Tags: sales continues decline cuts

 
 

Kellogg Cuts Long-Term Targets

2015-02-12 15:38:01| Agriculture - Topix.net

Kellogg Co. on Thursday lowered its long-term growth targets as the cereal maker swung to a loss for the fourth quarter.

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Kellogg may shut cereal plant after lengthy union battles

2015-02-11 21:44:14| Food - Topix.net

The Bakery, Confectionery, Tobacco and Grain Millers union is being asked by Kellogg to reconsider the MOA it voted against in December, 2014 Kellogg Company says it will 'have no choice' but to close at least one US cereal plant if union members refuse to reconsider a Memorandum of Agreement issued on employment terms. The cereal major has been locked in lengthy battles with the Bakery, Confectionery, Tobacco and Grain Millers union over worker rights and contracts at various cereal plants across the US, including Memphis and Omaha.

Tags: union plant shut battles

 

Kellogg may shut cereal plant after lengthy union battles

2015-02-11 18:35:02| Agriculture - Topix.net

The Bakery, Confectionery, Tobacco and Grain Millers union is being asked by Kellogg to reconsider the MOA it voted against in December, 2014 Kellogg Company says it will 'have no choice' but to close at least one US cereal plant if union members refuse to reconsider a Memorandum of Agreement issued on employment terms. The cereal major has been locked in lengthy battles with the Bakery, Confectionery, Tobacco and Grain Millers union over worker rights and contracts at various cereal plants across the US, including Memphis and Omaha.

Tags: union plant shut battles

 

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