Advertisement
New Zealand markets close in 4 hours 41 minutes
  • NZX 50

    11,807.36
    -28.68 (-0.24%)
     
  • NZD/USD

    0.5899
    -0.0007 (-0.12%)
     
  • NZD/EUR

    0.5542
    -0.0003 (-0.05%)
     
  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     
  • ASX 200

    7,642.10
    +36.50 (+0.48%)
     
  • OIL

    82.62
    -0.11 (-0.13%)
     
  • GOLD

    2,391.40
    -6.60 (-0.28%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     
  • NIKKEI 225

    38,079.70
    0.00 (0.00%)
     
  • NZD/JPY

    91.1590
    -0.0950 (-0.10%)
     

Why Kellogg’s Margins Could Disappoint in H2 2018

Why Kellogg’s Margins Could Disappoint in H2 2018

Kellogg’s (K) margins are expected to remain weak in H2 2018 despite the company annualizing the list price adjustment in the third quarter. Kellogg’s gross margins are expected to take a hit from a mix-shift towards low margin markets and categories. Meanwhile, its DSD transition is expected to remain the significant drag.