WK Kellogg prelim 2Q adj. EBITDA $43m to $48m

WK Kellogg prelim 2Q adj. EBITDA $43m to $48m

WK Kellogg Co (KLG) has provided preliminary adjusted EBITDA guidance for the second quarter of 2025, with estimates ranging from $43 million to $48 million. The company also announced its acquisition by Ferrero Group, which is expected to close in the second half of 2025.

The acquisition by Ferrero Group, announced on July 10, 2025, includes KLG's iconic breakfast cereal portfolio and is valued at $3.1 billion, representing a 40% premium to the company's 30-day volume weighted average trading price. The transaction is subject to regulatory approvals and other conditions.

KLG's preliminary 2Q 2025 results also indicate expected net sales of $610 million to $615 million. The company has maintained its position as a leader in breakfast cereal innovation and consumer packaged goods, with a strong market presence in the United States, Canada, and the Caribbean.

The acquisition by Ferrero Group will provide KLG with significant financial and strategic benefits, including access to Ferrero's extensive global network and resources. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and other conditions.

For investors and financial professionals, this acquisition represents a significant development in the food manufacturing sector and consumer goods markets. The preliminary financial results and acquisition announcement provide a clear indication of KLG's strong financial performance and strategic positioning in the industry.

References:
[1] https://www.cnbc.com/2025/07/10/stocks-making-the-biggest-moves-premarket-dal-klg-ptc-amd-and-more.html
[2] https://www.stocktitan.net/news/KLG/