Kellanova's 3Q Profit Falls on Weak Demand, High Costs

Dow Jones

2025/10/30

By Connor Hart

Kellanova said profit fell in the third quarter, as the company continues to face soft demand and higher costs.

The maker of Eggo waffles and Cheez-It crackers on Thursday posted a profit of $309 million, or 88 cents a share, for the quarter ended Sept. 27, down from $367 million, or $1.05 a share, in last year's comparable period.

Stripping out one-time items, earnings were 94 cents a share. Analysts surveyed by FactSet had been expecting 87 cents a share.

Sales edged 0.8% higher to $3.26 billion, roughly in line with Wall Street projections.

Chief Executive Steve Cahillane said the company is focusing on innovation, productivity and emerging-markets expansion to help offset the ongoing cyclical downturn.

The company, formerly known as Kellogg, said it would continue to not provide guidance while it works to close its $30 billion merger with privately held candy-maker Mars. The transaction is on track to close towards the end of the year.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

October 30, 2025 08:22 ET (12:22 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The transaction is on track to close towards the end of the year. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 30, 2025 08:22 ET (12:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kellanova's 3Q Profit Falls on Weak Demand, High Costs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKellanova's 3Q Profit Falls on Weak Demand, High Costs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-30 20:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Connor Hart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Kellanova said profit fell in the third quarter, as the company continues to face soft demand and higher costs. \n</p>\n<p>\n  The maker of Eggo waffles and Cheez-It crackers on Thursday posted a profit of $309 million, or 88 cents a share, for the quarter ended Sept. 27, down from $367 million, or $1.05 a share, in last year's comparable period. \n</p>\n<p>\n  Stripping out one-time items, earnings were 94 cents a share. Analysts surveyed by FactSet had been expecting 87 cents a share. \n</p>\n<p>\n  Sales edged 0.8% higher to $3.26 billion, roughly in line with Wall Street projections. \n</p>\n<p>\n  Chief Executive Steve Cahillane said the company is focusing on innovation, productivity and emerging-markets expansion to help offset the ongoing cyclical downturn. \n</p>\n<p>\n  The company, formerly known as Kellogg, said it would continue to not provide guidance while it works to close its $30 billion merger with privately held candy-maker Mars. The transaction is on track to close towards the end of the year. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 30, 2025 08:22 ET (12:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2579494161","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579494161","pubTimestamp":1761826920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Kellanova said profit fell in the third quarter, as the company continues to face soft demand and higher costs.The maker of Eggo waffles and Cheez-It crackers on Thursday posted a profit of $309 million, or 88 cents a share, for the quarter ended Sept. 27, down from $367 million, or $1.05 a share, in last year's comparable period.Stripping out one-time items, earnings were 94 cents a share. Analysts surveyed by FactSet had been expecting 87 cents a share.Sales edged 0.8% higher to $3.26 billion, roughly in line with Wall Street projections.Chief Executive Steve Cahillane said the company is focusing on innovation, productivity and emerging-markets expansion to help offset the ongoing cyclical downturn.The company, formerly known as Kellogg, said it would continue to not provide guidance while it works to close its $30 billion merger with privately held candy-maker Mars. The transaction is on track to close towards the end of the year.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4504":"桥水持仓"},"translate_title":"Kellanova第三季度利润因需求疲软和成本高而下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"K":1.5},"content_text":"By Connor Hart \n\n\n \n\n\n  Kellanova said profit fell in the third quarter, as the company continues to face soft demand and higher costs. \n\n\n  The maker of Eggo waffles and Cheez-It crackers on Thursday posted a profit of $309 million, or 88 cents a share, for the quarter ended Sept. 27, down from $367 million, or $1.05 a share, in last year's comparable period. \n\n\n  Stripping out one-time items, earnings were 94 cents a share. Analysts surveyed by FactSet had been expecting 87 cents a share. \n\n\n  Sales edged 0.8% higher to $3.26 billion, roughly in line with Wall Street projections. \n\n\n  Chief Executive Steve Cahillane said the company is focusing on innovation, productivity and emerging-markets expansion to help offset the ongoing cyclical downturn. \n\n\n  The company, formerly known as Kellogg, said it would continue to not provide guidance while it works to close its $30 billion merger with privately held candy-maker Mars. The transaction is on track to close towards the end of the year. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 30, 2025 08:22 ET (12:22 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}