This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Kellogg Company Reports Earnings Per Share At The High End Of Guidance For 2012 And Reaffirms Guidance For 2013 Growth

North America

Reported net sales growth for Kellogg North America was 7.5 percent in 2012 and 12.3 percent in the fourth quarter. Internal net sales growth was 3.6 percent for the full year 2012 and 5.5 percent for the fourth quarter. The U.S. Morning Foods and Kashi segment posted internal net sales growth of 2.7 percent in 2012 and 6.3 percent in the fourth quarter. U.S. Snacks posted internal net sales growth of 1.9 percent in 2012 and 0.7 percent growth in the fourth quarter, building on 8.3 percent growth in the fourth quarter of 2011. The U.S. Specialty Channels business posted strong internal net sales growth of 7.4 percent for the full year of 2012 and 10 percent in the fourth quarter. The North America Other business posted internal net sales growth of 7.0 percent for the full-year 2012 and 11.2 percent growth in the fourth quarter.

North American reported operating profit increased by 1.3 percent and internal operating profit decreased by 1.6 percent in the fourth quarter. North American reported operating profit increased by 2.7 percent for the full-year; full-year internal operating profit declined by 0.3 percent, also due to continued high-levels of commodity inflation, a mid single-digit increase in investment in brand building, and the limited recall in the third quarter.


Kellogg International reported net sales growth of 7.7 percent in 2012 and 30.9 percent in the fourth quarter. Full-year internal net sales growth was 0.2 percent and fourth quarter internal net sales growth was 4.8 percent. Internal net sales growth in the Latin American business was 6.7 percent in 2012; internal growth in the fourth quarter was 9.4 percent. Internal net sales in our European business decreased by 3.8 percent in 2012 and increased by 2.7 percent in the fourth quarter; performance in the European business improved sequentially as the year progressed.  The Asia Pacific business posted internal net sales growth of 2.7 percent for the full year and 4.6 percent in the fourth quarter.

3 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs