Kellogg Company (K) affirmed its full-year financial guidance, with sales and profit delivery shifting toward the first half of the year. Adjusted earnings per share, on a currency-neutral basis, is projected to decline in a range of 3% to 4%. Adjusted operating profit on a currency-neutral basis is anticipated to decline approximately 4%, for the fiscal year. The company continues to target organic net sales growth in a range of 1% to 2%.
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