Friday, January 13, 2023

Kellogg Had an Extremely High 15.7% Pricing/Mix (Predominately Higher Pricing Inflation) Component of Its Net Sales % Increase in its Most Recent Sept 2022 Quarter, 3.65 Times That in its Year-Ago Sept 2021 Quarter of 4.3%.

From its most recent five Quarterly Earnings Releases filed with the US SEC, here are the Price/Mix (Predominately Higher Pricing Inflation) Components of Kellogg's Net Sales % Increases for the most recent five quarters: 

  • Sept 22 +15.7% (Wow!)
  • June 22 +13.7% (Wow!)
  • March 22 +9.9% (Wow!)
  • Dec 21 +8.8% (Wow!)
  • Sept 21 +4.3%

Clearly, Kellogg's Pricing Inflation was outrageous in all of 2022.

Its customers cannot be happy with Kellogg's exceptionally high pricing increases of its products all throughout 2022.

Kellogg's Sept 2022 Earnings Release