India, May 6 -- While reporting financial results for the first quarter on Tuesday, WK Kellogg Co. (KLG) lowered its organic net sales growth guidance for the full-year 2025, due to its first-quarter results and weaker than expected consumption trends.
For fiscal 2025, the company now projects organic net sales decline of 2 to 3 percent, down from the prior expectations for a 1 percent decline.
On average, nine analysts polled expect the company to report revenue decline of 0.08 percent to $2.71 billion for the year.
The company said the outlook now includes a modest impact from tariffs, primarily related to the sourcing of raw materials outside of North America, and assumes that most of the production remains exempt from tariffs on impo...