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Kellogg Co Reaffirms FY 2013 Guidance
Kellogg Co reaffirmed its guidance for reported net sales growth, which is expected to increase by approximately 7% in fiscal 2013. Kellogg expects fiscal 2013 reported operating profit to increase at a rate slightly faster than the rate of earnings-per-share growth. Fiscal 2013 reported earnings per share are anticipated to grow between 5% and 7%. Guidance for both operating profit and earnings per share excludes the impact of mark-to-market adjustments.
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