Message Font: Serif | Sans-Serif
No. of Recommendations: 0

Kellogg: They're Grrrr... Eh, They're OK
By Stephen D. Simpson, CFA
October 31, 2005

....Such would seem to be at least partly the case for cereal and packaged foods company Kellogg (NYSE: K). While sales were up better than 7% in this quarter, operating income grew only 2%, and the reported double-digit increase in net income had more to do with better interest and tax expenses. For the year to date, though, free cash flow growth is roughly tracking operating income growth of about 6%.....
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.