And even as more economic activity returns, sales remain relatively high. But the company's trademark meal remains breakfast cereal, which has been especially impacted by the upheaval of the pandemic. Cereal consumption surged 16 percent in the second quarter, enabling Kellogg's to boost its target for organic sales growth to five percent from the prior guidance of one to two percent. BUYING MOREAt Procter & Gamble, organic sales grew in every category except grooming, which has suffered a sales hit as consumers have eased back on shaving while at home. Sales of some items, such as Bounty paper towels, were up by "strong" double digits in the quarter, he told reporters on a conference call.
Source: Daily Nation July 31, 2020 01:30 UTC