7:27 am
Fri August 1, 2014

Kellogg Profits Down 16%

Kellogg Headquarters
Kellogg Headquarters
Credit WMUK

Kellogg's profits were down 16% in the second quarter, compared to a year ago. 

Lower cereal sales were the main cause of the lower profits.  Kellogg says it earned $295-million in the second quarter, about $.82 per share.