On August 7, 2025, WK Kellogg Co published its second-quarter 2025 financial results, reporting figures that fell below estimates. The company announced a profit of 9 cents per share, with adjusted earnings, excluding restructuring costs, at 25 cents per share, both missing Wall Street expectations.
Net sales for the second quarter declined 8.8% to $613 million, contributing to a year-to-date net sales decrease of 7.5% to $1,276 million. Volume also saw significant declines, down 8.1% in the quarter and 8.3% year-to-date. The reported gross margin contracted by 290 basis points to 27.2% for the quarter and by 140 basis points to 28.2% year-to-date, while net income decreased 78% to $8 million for the quarter and 59% to $29 million year-to-date.
These downbeat results underscore ongoing challenges from softening consumer demand for packaged breakfast cereals and macroeconomic uncertainty. Despite these operational headwinds, the company reiterated its expectation for the acquisition by The Ferrero Group to close in the second half of 2025.
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