Kellogg profit up despite lower sales

Kellogg Co reported higher quarterly profit on Thursday despite lower sales, helped by lower expenses.

The world's largest cereal maker said net income was $189 million, or 51 cents per share, in the fourth quarter, compared to $176 million, or 46 cents per share, a year earlier.

Sales fell to $2.86 billion from $2.90 billion a year earlier.

(Reporting by Martinne Geller, editing by Dave Zimmerman)