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Why Has Kellogg Stock Failed To Outperform The S&P Despite Consistent Sales Growth?

Kellogg (NYSE: K) stock price gained 34% from $57 at 2018 end to $76 currently, primarily due to favorable changes in its P/S multiple. The company did witness a rise in its revenue per share over this period too, driven by a rise in sales and a drop in its outstanding share co
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