On February 11, 2025, WK Kellogg Co released its fourth quarter and full year 2024 financial results, alongside its financial outlook for 2025. For the full year 2024, the company reported a gross margin increase of 90 basis points to 29.8%, driven by improved supply chain operations and waste reduction.
Full-year 2024 EBITDA grew 6.6% to $275 million, surpassing raised guidance expectations. However, fourth-quarter sales were down 1.7% year-over-year, with profit beating estimates but overall sales falling short. For 2025, the company forecasts adjusted EBITDA growth of 4% to 6%, translating to $286 million to $292 million, with incremental EBITDA from the 53rd week reinvested into brands.
These results indicate progress in profitability and operational efficiency, particularly in margin expansion. However, the continued decline in sales volume highlights ongoing challenges in the market, requiring sustained focus on commercial activation and supply chain reliability to meet future targets.
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