Retail Question
Will this Kellogg peanut butter issue impact earnings in a significant way?
Additional Information:
http://finance.yahoo.com/news/Kelloggs-recalls-more-peanut-apf-14091249.html
Answers
readytoretire answered 10 months ago …
Probably not. And they will get some good publicity from it. As they bought the peanuts, like many other companies, and they came out quick and recalled, it will give them a good view in the market. And they just recently raised prices, which bodes well for the stock.
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