date:Aug 02, 2013
Growth in snacks and specialty foods propelled a 9% gain in net income at The Kellogg Co. during the second quarter.
For the quarter ended June 29, the company had income of $352 million, equal to 96c per share on the common stock, which compared with $324 million, or 91c per share, during the same quarter of the previous year. Sales for the quarter were $3,714 million, up 7% from $3,474 million.
The U.S. Morning Foods segment posted an operating profit of $180 million, up 1% from $178 million