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Kellogg Making Right Moves As Tough Conditions Will Challenge Near-Term Performance
2014-12-08 14:05:03| Food - Topix.net
Kellogg Company's business fundamentals have been challenged because of sluggish cereal category growth; the company's U.S. cereal business, which contributes almost 40%-45% to its total revenues, has been delivering weak results in recent quarters because of the soft category growth. The sluggish cereal category growth comes as a result of competitive pressures and a higher acceptance rate of alternative categories like eggs, yogurt, protein and peanut butter.
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Category:Food and Related Products
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