WK Kellogg Co Reports 8.8% Decline in Q2 2025 Net Sales, 78.4% Drop in Net Income

Reuters
Aug 07
WK Kellogg Co Reports 8.8% Decline in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Sales, 78.4% Drop in Net Income

WK Kellogg Co reported financial results for the quarter ended June 28, 2025, showing a decline in several key metrics compared to the previous year. Reported net sales were $613 million, an 8.8% decrease from $672 million in the same period in 2024. Year-to-date net sales also fell by 7.5% to $1.276 billion from $1.379 billion in 2024. The company's reported net income experienced a significant drop of 78.4%, from $37 million in the second quarter of 2024 to $8 million in the current period. Year-to-date net income decreased by 59.2%, from $71 million in 2024 to $29 million in 2025. EBITDA for the quarter fell by 48.7% to $39 million, compared to $76 million in the previous year. Year-to-date EBITDA also declined by 39.3%, from $150 million in 2024 to $91 million in 2025. Adjusted EBITDA saw a decline of 31.3% for the quarter, reaching $57 million compared to $83 million in the previous year. The year-to-date adjusted EBITDA dropped by 16.8%, from $161 million in 2024 to $134 million in 2025. The adjusted EBITDA margin for the quarter was 9.4%, down from 12.4% in the same period last year. The year-to-date adjusted EBITDA margin stood at 10.5%, compared to 11.7% in 2024. Due to the pending transaction with Ferrero, WK Kellogg has suspended its financial guidance for the full year 2025 and will not host a webcast to discuss its second quarter results. The company remains focused on its strategic priorities, including a supply chain modernization initiative, as it works towards closing the merger with Ferrero.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WK Kellogg Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-174969), on August 07, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10