October 29, 2019 / 12:06 PM / 14 days ago

Kellogg quarterly sales beat market expectations

Oct 29 (Reuters) - Kellogg Co reported quarterly sales above market expectations on Tuesday, as the Corn Flakes cereal maker benefited from higher demand for its snacks such as Pringles, Cheez-It and Pop-Tarts.

Net income attributable to the company fell to $247 million, or 72 cents per share, in third quarter ended Sept. 28, from $380 million, or $1.09 per share, a year earlier.

Net sales dropped 2.8% to $3.37 billion but beat the average analyst estimate of $3.35 billion, according to IBES data from Refinitiv. (Reporting by Praveen Paramasivam and Soundarya J in Bengaluru; Editing by Arun Koyyur)

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