Why WK Kellogg Shares Are Rising Tuesday

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WK Kellogg Co (NYSE:KLG) shares are trading higher on Tuesday.

The company reported fourth-quarter net sales of $651 million, beating the street view of $645.87 million. Revenue fell 3.7% year over year.

The decline in net sales performance in the fourth quarter was due to price elasticities and lower promotional spending.

For …

Full story available on Benzinga.com