Rising costs and weakness in Europe pulled down Kellogg's second-quarter net income.
But the breakfast giant's revenue rose on sales of Pop-Tarts and strength in North America.
For the three months to the end of June, the company said it earned $301m, or 84 cents per share. That is down 12% from $343m, or 94 cents per share, a year earlier.
Analysts had expected earnings of 85 cents per share.
Revenue for the company edged up 2% to $3.47 billion. That beat Wall Street's estimate of $3.38 billion. Kellogg currently gets most of its revenue from North America.
The company also reaffirmed its full-year earnings outlook of $3.18 to $3.30 per share. Analysts expect $3.34 per share.
Revenue for the company edged up 2% to $3.47 billion. That beat Wall Street's estimate of $3.38 billion. Kellogg currently gets most of its revenue from North America.
The company also reaffirmed its full-year earnings outlook of $3.18 to $3.30 per share. Analysts expect $3.34 per share.
