Kellanova reported earnings results for the fourth quarter and full year ended December 30, 2023. For the fourth quarter, the company reported sales was USD 3,174 million compared to USD 3,164 million a year ago. Net income was USD 27 million compared to net loss of USD 99 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to basic loss per share from continuing operations of USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to diluted loss per share from continuing operations of USD 0.08 a year ago. Basic earnings per share was USD 0.08 compared to basic loss per share of USD 0.29 a year ago. Diluted earnings per share was USD 0.08 compared to diluted loss per share of USD 0.29 a year ago.
For the full year, sales was USD 13,122 million compared to USD 12,653 million a year ago. Net income was USD 951 million compared to USD 960 million a year ago. Basic earnings per share from continuing operations was USD 2.27 compared to USD 2.14 a year ago. Diluted earnings per share from continuing operations was USD 2.25 compared to USD 2.12 a year ago. Basic earnings per share was USD 2.78 compared to USD 2.81 a year ago. Diluted earnings per share was USD 2.76 compared to USD 2.79 a year ago.