Kellogg K always seems to be in cost-cutting mode and needs to find growth like other consumer staples players like Clorox and General Mills , said TheStreet’s TST Jim Cramer. The cereal and snack giant reported Thursday that second-quarter sales fell 6.6% from the prior year to $3.27 billion, missing Wall Street forecasts for $3.36 billion. Helped by cost cuts, Kellogg’s earnings fell 1.1% year over year to 91 cents a share, in line with analyst estimates. Sales were challenged across the board as time-starved consumers continued to shun sugary cereal. Kellogg’s was working through difficulties in key businesses such as Kashi and Special K.
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