I think Kellogg will start letting people go sooner rather than later, they are in financial trouble once China mart transition over I think they will speed up the layoffs.
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I see your point right now but I don't think sales are strong right now about 6 percent down right now they will load up wharehouse and cut heads is my guess soon. They will get a bump in sales but it will be short list last lived
If anything sales are strong right now. They are double dipping. Our sales plus loading up grocery chain warehouses.
It will be fall into winter when they feel the slowdown. And bakery layoffs just b4 the Holidays. Game on!