Kellogg

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Title: Kellogg

Essay Details:

Subject: Business

Author: Carola F

Date: June 2, 2014

Level: University

Grade: B

Length: 3 / 737

Essay text:

With a strong half and the year and past earnings we believe that growth in sales and EPS will continue for many quarters in the future. We believe that Kellogg's fundamentals remain strong and this is seen when looking back to 4Q2005 when Kellogg reported strong earnings ahead of consensus. Cereal sales rose to 8% in the fourth quarter and for the entire year. Although there has been an increase in input inflation, we believe that Kellogg is managing it's way through the current quarter and this will remain consistent for the following year. This has been the second consecutive quarter in which Kellogg has surpassed both the consensus estimate and raised guidance...

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