KELLOGG CO (K)
 
Quote Price $50.07
Price change for today in $ -0.04
Price change for today in % -0.07
Open Price $50.11
Previous Close $50.10
Daily Range $49.86 - $50.36
52-Week Range $48.10 - $57.00
Volume 1,032,094
 
 
Brokerage Analyst Recommendations 
17 Brokerage Firms Covering K
 
   
Strong Buy
3 		Buy
0 		Hold
13		 Sell
1		 Strong Sell
0
Average Broker Recommendation (ABR):2.71 
 
Description
Kellogg Company is the world's leading producer of cereal and a leading producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, frozen waffles, meat alternatives, pie crusts, and ice cream cones. The company's brands include Kellogg's, Keebler, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Murray, Austin, Morningstar Farms, Famous Amos, Carr's, Plantation, Ready Crust, and Kashi. Kellogg products are manufactured in 19 countries and marketed in more than 160 countries around the world.
 
ONE KELLOGG SQ P O BOX 3599
BATTLE CREEK, MI
49016-3599, USA
Phone: 2699612000
Fax: 269-961-2871
Web: http://www.kelloggcompany.com
Email: nvestor.relations@kellogg.com		 Industry:FOOD-MISC/DIVERSIFIED
Sector: Consumer Staples
Fiscal Year End:December
Last Reported Quarter:03/31/12
Next EPS Date:07/26/12
 
Capital Structure Solvency and Cash Flow

Cash Flow and Balance Sheet

The company ended the quarter with cash and cash equivalents of $582 million, total long-term debt of $5.3 billion and shareholders’ equity of $2.3 billion.

Kellogg generated free cash flow of $877 million through the third quarter of 2011. Kellogg also repurchased nearly $690 million in shares through the third quarter of 2011; under its $2.5 billion three-year share repurchase authorization.

 


Last edited Tue Jan 24, 2012 01:40 AM
by SreelaBose (Zacks Investment Research)		make a comment about Capital Structure Solvency and Cash Flow
 
Governance Social Responsibility and Employee Relations

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Acquisitions Divestitures and Joint Ventures

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Recent and Upcoming Events

 
Major Risks

Commodity cost Increase:  Kellogg’s margins continue to be negatively impacted by the rising cost of input, such as corn, soybean oil, sugar, and cocoa among other things.

Increasing Competition:  The Company will continue to face severe competition in both snacks and cereals.
 

Higher Employee-Related Costs: Healthcare and pension costs are higher, affecting Kellogg’s bottom-line growth

 Private Label Growth:  The increased market share uptake by private labels continues to be a big concern for Kellogg.

Currency Risk:  Kellogg faces currency risk due to its international exposure. Kellogg generates 40NaV of its operating income outside the US, and is unable to hedge currency translation.
 


Last edited Wed Jan 25, 2012 04:37 AM
by SreelaBose (Zacks Investment Research)		make a comment about Major Risks
 


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