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BRIEF-Kellogg on conf call- Q3 benefited from some DSD-related shipments that were expected to come in Q2
October 31, 2017 / 3:05 PM / 24 days ago

BRIEF-Kellogg on conf call- Q3 benefited from some DSD-related shipments that were expected to come in Q2

Oct 31 (Reuters) - Kellogg Co

* On conf call- Eggo had Q3 share gains on removal of artificial colors and flavors and success of disney shaped waffles‍​

* On conf call- Eggo also benefited from the exit of a competitor

* Cereal is a tough category right now but we have a stronger commercial plan in place, particularly as we get to 2018

* Net sales in Q3 picked up about a percentage point from trade inventory build ahead of hurricanes

* Also benefited from some DSD-related shipments that we expected to come in Q2

* Gave customers list price adjustment in Q3 as we no longer provide services of ordering, warehousing delivery and stocking Further company coverage: ( Bangalore.newsroom@thomsonreuters.com )

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