US cereal producer Kellogg has reaffirmed its earnings per share guidance of US$1.86 to $1.90 for 2003, and $0.38 to $0.40 for the first quarter.

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“We are off to a solid start in 2003, both in our US and International businesses,” said Carlos Gutierrez, Kellogg ‘s chairman and chief executive officer. “In this uncertain market environment, our share owners should know that we are on track toward our realistic financial targets and our goal of dependable performance.”