Shares of Kellogg Co. (NYSE: K) , a leading global producer of cereal, cookies, crackers, and other packaged foods, closed Thursday up a healthy 4.3% after the company reported better-than-expected second-quarter results.

Starting from the top, Kellogg’s second-quarter net sales declined 2.5% year over year to $ 3.19 billion due to consumption softness in the U.S., and lower Pringles sales in Europe. While the top-line result was weaker year-over-year, it still checked in above analysts’ consensus estimate, which called for net sales of $ 3.16 billion, per Thomson Reuters.

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