Pringles, Pop-Tarts Parent Kellanova Beats Estimates, Lifts Outlook

Key Takeaways Kellanova beats profit and sales estimates and boosts its guidance as volumes increase in North and Latin America. North American sales rose 0.7% year-over-year, and volumes grew 2.0%. Kellanova shares rose about 5% in intraday trading Thursday. Shares of Pringles and Pop-Tarts parent Kellanova (K) rose in intraday trading Thursday as the cereal and snack food maker reported better-than-expected results and raised its guidance, boosted by North and Latin American demand. The company formerly k ...