The company said it now expects annual organic net sales to increase by over 10%, compared with its prior forecast of an increase of 7% to 8%.
(Reporting by Deborah Sophia and Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)
(Reuters) - Kellogg Co raised its full-year sales forecast on Thursday, betting that demand for its cereals and snacks will hold strong even after multiple rounds of price increases.
The company said it now expects annual organic net sales to increase by over 10%, compared with its prior forecast of an increase of 7% to 8%.
(Reporting by Deborah Sophia and Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)
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Change
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5d. change
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Capi.
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310 PTS | -1.86% | -1.84% | - | ||
406.8 USc | +0.87% | +0.81% | - | ||
554.2 USc | +1.98% | -0.05% | - | ||