May 7 (Reuters) - WK Kellogg Co ( KLG ) beat Wall Street

estimates for quarterly sales on Tuesday, as higher product

prices offset pressure from slowing demand for the Froot Loops

maker's ready-to-eat breakfast items and snacks.

Like other major brands in the packaged food market, the

spun-off North American cereal business of Kellanova ( K ) has

been ramping up prices to shield its margins from an

inflation-induced slowdown in consumer spending.

Its pricing rose by 6.3% in the reported quarter, driving

volumes down 7%.

Kellanova ( K ) had also posted better-than-expected quarterly

sales and profit last week and maintained the 2024 forecast

provided in August.

WK Kellogg reported sales of $707 million for the first

quarter ended March 30, above analysts' average estimate of

$697.8 million, according to LSEG data.

The Apple Jacks cereal maker also reaffirmed its annual

adjusted net sales growth range forecast at down 1% to up 1%.

It reported a net income of $33 million, or 37 cents per

share, from $24 million, or 28 cents per share, a year earlier.

Analysts were expecting a profit of 38 cents.

(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by

Devika Syamnath)