WK Kellogg Co Reports 8.8% Decline in Q2 2025 Net Sales, 78.4% Drop in Net Income

Reuters
2025.08.07 11:51
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WK Kellogg Co reported an 8.8% decline in Q2 2025 net sales, totaling $613 million, and a 78.4% drop in net income to $8 million. Year-to-date net sales fell by 7.5% to $1.276 billion, while net income decreased by 59.2% to $29 million. EBITDA also saw significant declines, with a 48.7% drop for the quarter. The company has suspended its financial guidance for 2025 due to a pending transaction with Ferrero and is focusing on strategic priorities, including supply chain modernization.

WK Kellogg Co reported financial results for the quarter ended June 28, 2025, showing a decline in several key metrics compared to the previous year. Reported net sales were $613 million, an 8.8% decrease from $672 million in the same period in 2024. Year-to-date net sales also fell by 7.5% to $1.276 billion from $1.379 billion in 2024. The company’s reported net income experienced a significant drop of 78.4%, from $37 million in the second quarter of 2024 to $8 million in the current period. Year-to-date net income decreased by 59.2%, from $71 million in 2024 to $29 million in 2025. EBITDA for the quarter fell by 48.7% to $39 million, compared to $76 million in the previous year. Year-to-date EBITDA also declined by 39.3%, from $150 million in 2024 to $91 million in 2025. Adjusted EBITDA saw a decline of 31.3% for the quarter, reaching $57 million compared to $83 million in the previous year. The year-to-date adjusted EBITDA dropped by 16.8%, from $161 million in 2024 to $134 million in 2025. The adjusted EBITDA margin for the quarter was 9.4%, down from 12.4% in the same period last year. The year-to-date adjusted EBITDA margin stood at 10.5%, compared to 11.7% in 2024. Due to the pending transaction with Ferrero, WK Kellogg has suspended its financial guidance for the full year 2025 and will not host a webcast to discuss its second quarter results. The company remains focused on its strategic priorities, including a supply chain modernization initiative, as it works towards closing the merger with Ferrero. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WK Kellogg Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-174969), on August 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here