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WK Kellogg Reiterates FY24 Adj. Net Sales Guidance Of $2.71B-$2.76B Vs. $2.71B Estimate, And Now Expects To Hit Lower End Of Guidance Range

Author: Benzinga Newsdesk | August 06, 2024 08:36am

WK Kellogg Co Full-Year 2024 Financial Outlook

WK Kellogg Co is reaffirming the 2024 financial guidance provided on its fourth quarter 2023 earnings call and now expects 2024 adjusted net sales to be at the lower end of the guidance range.

•2024 Adjusted Net Sales growth is projected to be (1.0)% to 1.0%

•2024 Adjusted EBITDA growth is projected to be 3.0% to 5.0%

2024 results are presented on an adjusted basis and compared to its 2023 standalone adjusted results.
 

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