Kellanova's stock climbs after earnings beat, as higher prices offset a drop in volume for the snacks and cereal company

Shares of Kellanova K, -1.36%, formerly known as Kellogg, climbed 2% ahead of Thursday’s open, as the snacks and cereal company, with brands including Pop-Tarts, Cheez-It and Special K, beat fourth-quarter earnings expectations, as price increases offset a decline in volume and the divestiture of its business in Russia. The company swung to net income of $27 million, or 8 cents a share, from a loss of $99 million, or 29 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings ...