Kellanova is expected to release its fiscal second-quarter earnings next month, and analysts project a double-digit profit dip.
General Mills has lagged the consumer staples sector over the past three months, and analysts remain cautious about the stock’s prospects.
Unpacking Q1 Earnings: Kellanova (NYSE:K) In The Context Of Other Shelf-Stable Food Stocks
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.33%. Stock indexes...
The S&P 500 Index ($SPX ) (SPY ) today is up +1.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.33%. Stock indexes today are trading...
The S&P 500 Index ($SPX ) (SPY ) today is up +1.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. Stock indexes today are trading...
Shelf-Stable Food Stocks Q1 Highlights: Mondelez (NASDAQ:MDLZ)
Q1 Earnings Outperformers: Lamb Weston (NYSE:LW) And The Rest Of The Shelf-Stable Food Stocks
This packaged foods giant may be cooking up a turnaround.
Kellanova has underperformed the broader market over the past year, and Wall Street analysts remain cautious about the stock's prospects.