Kellogg(K) - 2024 Q1 - Earnings Call Transcript

Slide 14 walks you through the major components of our year-on-year net sales growth. As you can see, our 5% organic growth was primarily driven by price mix, which itself was led by revenue growth management actions taken over the past 12 months to cover what had been rising input cost inflation as well as pricing actions taken more recently in Nigeria to cover currency devaluation. As expected, our overall price/mix growth decelerated sequentially again in quarter 1, and it should continue to do so as the ...