11:20 ET -- WK Kellogg said its premium cereal segment continues to deliver strong growth, despite the fact that consumers are seeking value. The cereal company's premium granola line, Bear Naked, also is growing, Chief Executive Gary Pilnick said on Thursday's call with investors. WK Kellogg's stock rose nearly 12% in Thursday morning trading after the company raised its outlook for the current fiscal year and posted stronger-than-expected quarterly sales. (roshan.fernandez@wsj.com)
(END) Dow Jones Newswires
November 07, 2024 11:20 ET (16:20 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.