Kellogg beats quarterly sales estimates

(Reuters) - Kellogg Co surpassed market expectations for quarterly sales on Thursday as demand for the Corn Flakes maker's cereals and snacks held strong even as inflation pinched household budgets.

The company's net sales rose 12% to $3.83 billion in the fourth quarter ended Dec. 31. Analysts had expected revenue of $3.66 billion, based on Refinitiv IBES data.

(Reporting by Mehr Bedi in Bengaluru; Editing by Milla Nissi)