Breaking News Bar
updated: 11/1/2012 8:16 AM

Kellogg's profit gets a boost from Pringles in 3Q

Success - Article sent! close
Associated Press

NEW YORK -- Kellogg Co. says its net income edged up in the third quarter, as the breakfast giant benefited from its acquisition of Pringles chips earlier this year.

The Battle Creek, Mich.-based maker of Frosted Flakes, Pop-Tarts and Eggo waffles says it earned $296 million, or 82 cents per share, in the quarter. That compares with $290 million, or 80 cents per share, a year ago.

Order Reprint Print Article
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Revenue rose 12 percent to $3.72 billion, above the $3.7 billion analysts expected.

Although Kellogg is known for its breakfast foods, the company is hoping to become a global player in the salty snacks market. Its purchase of Pringles catapulted Kellogg to the world's second biggest salty snack food company behind PepsiCo Inc.'s Frito-Lay.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.