Kellogg says low-carb has peaked

Filed under: Business — Tags: — @ July 26, 2004

Kellogg saw a 16% increase in second quarter earnings this week which it has attributed to a drop in low-carb dieters. Kellog CEO Carlos Gutierrez predicted a downturn in low-carb last quarter and was anxious to claim victory.

Despite the big words from management, just days ago Kellogg introduced a new round of low-carb products.

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