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WK Kellogg Co (KLG)
NYSE:KLG
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.39Last Year’s EPS
0.37Same Quarter Last Year
Moderate Sell
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: 22.44%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture, with strong EBITDA growth and gross margin improvements offset by challenges in net sales and market share, particularly in the US. There were significant achievements in supply chain modernization and innovation, but concerns remain regarding potential tariffs and brand performance in certain segments.Company Guidance
During WK Kellogg's fourth quarter 2024 earnings call, the company provided guidance for 2025, highlighting several key metrics and strategic initiatives. The company reported a slight decline in net sales of 1.1% for 2024, impacted by a 20 basis point headwind due to the weakening Canadian dollar. Gross margin improved by 90 basis points to 29.8%, and EBITDA grew by 6.6%, exceeding the raised guidance of 5% to 6%, with an EBITDA margin of 10.1%, a 70 basis point increase from the prior year. The company plans to invest up to $500 million in modernizing its supply chain, aiming to expand margins by approximately 500 basis points by the end of 2026. For 2025, WK Kellogg expects organic net sales to decline by about 1%, with price realization in the low single digits and volume declining similarly. The company forecasts adjusted EBITDA growth of 4% to 6%, not accounting for potential impacts from tariffs. The strategic focus includes enhancing the supply chain, finalizing separation from Kellanova, and driving innovation, with a robust commercial plan and continued investment in brand building.EBITDA Growth Exceeds Expectations
EBITDA grew 6.6% for the year, exceeding the raised guidance expectations of 5% to 6% growth.
Gross Margin Improvement
Full-year gross margin was 29.8%, a 90 basis point increase versus the prior year.
Successful Supply Chain Modernization
Supply chain performance improved with a significant increase in customer service levels and overall equipment effectiveness.
Innovation and Brand Building
Introduced new platforms like Glaze and continued innovation with products such as Blueberry Bran Crunch and Bear Naked Oats.
Strong Performance in Canada and Caribbean
Canada increased market-leading position by 90 basis points to 38.9% and Caribbean team grew share by 50 basis points for the year.
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KLG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KLG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $16.31 | $16.95 | +3.92% |
| Nov 07, 2024 | $16.72 | $19.50 | +16.63% |
| Aug 06, 2024 | $17.10 | $15.91 | -6.96% |
| May 07, 2024 | $22.96 | $23.67 | +3.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does WK Kellogg Co (KLG) report earnings?
WK Kellogg Co (KLG) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is WK Kellogg Co (KLG) earnings time?
WK Kellogg Co (KLG) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KLG EPS forecast?
KLG EPS forecast for the fiscal quarter 2025 (Q1) is 0.39.
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