Kellogg beats quarterly gross sales estimates By Reuters

© Reuters. FILE PHOTO: The corporate emblem and ticker image for The Kellogg Firm, is displayed on a display screen on the ground of the New York Inventory Change (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid (Reuters) – Breakfast cereal maker Kellogg (NYSE:) Co beat first-quarter gross sales estimates on Thursday, because



© Reuters. FILE PHOTO: The corporate emblem and ticker image for The Kellogg Firm, is displayed on a display screen on the ground of the New York Inventory Change (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid

(Reuters) – Breakfast cereal maker Kellogg (NYSE:) Co beat first-quarter gross sales estimates on Thursday, because the pandemic-driven snacking growth confirmed no indicators of shedding steam even because the U.S. economic system started to reopen following speedy COVID-19 vaccine rollouts.

Internet gross sales rose to $3.58 billion within the quarter ended April 3, from $3.41 billion, a 12 months earlier. Analysts have been anticipating gross sales of $3.38 billion, in response to IBES Refinitiv.

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