Welcome to our dedicated page for Kellanova news (Ticker: K), a resource for investors and traders seeking the latest updates and insights on Kellanova stock.
Kellanova (NYSE: K), formerly part of the Kellogg Company, is a global leader in the production and marketing of snacks and packaged foods. With a legacy stretching back over 100 years and annual sales surpassing $13 billion, Kellanova offers a diverse product portfolio that includes iconic brands like Pringles®, Cheez-It®, Pop-Tarts®, Eggo®, and MorningStar Farms®. As a powerhouse in the snacking industry, Kellanova's products are manufactured in around 20 countries and marketed in more than 180 countries worldwide.
Following its strategic split from the North American cereal business, Kellanova has focused on becoming a leader in salty snacks, snack bars, frozen breakfast items, meat alternatives, and other packaged foods. The company’s commitment to sustainability and equitable food access is embodied in its ambitious goal to create Better Days for 4 billion people by 2030.
Kellanova has recently made headlines with several notable initiatives. For instance, their brand Eggo® has partnered with the National Black Growers Council (NBGC) to support Black farmers through grants aimed at improving farming efficiency and productivity. This partnership aligns with Kellanova's mission of fostering sustainable and equitable food systems.
Moreover, the launch of the Eggo House of Pancakes in Gatlinburg, Tennessee, offers a unique vacation experience, reinforcing Eggo's brand while providing chaos-free mornings for guests. Not to be outdone, Hidden Valley Ranch and Cheez-It® have collaborated to introduce a new product, Cheezy Ranch, combining the rich flavors of ranch and cheese into a delectable dipping sauce.
In terms of financial performance, Kellanova has shown consistent growth, with net sales reaching $13 billion in 2023. The company continues to innovate and expand its product offerings while leveraging advanced AI technologies to optimize supply chain efficiencies, improve e-commerce search, and better understand consumer needs.
With a clear vision to become the world's best-performing snacks-led powerhouse, Kellanova is well-positioned for future growth. Under the leadership of Steve Cahillane, Chairman, President & CEO, and Amit Banati, Vice Chairman & CFO, the company remains committed to delivering value to its stakeholders while advancing sustainable and equitable food access globally.
For more detailed information, visit Kellanova's website and stay updated on their latest developments and financial results.
Kellanova announces its holiday season product lineup, featuring festive versions of popular snacks. The collection includes Frosted Marshmallow Hot Cocoa Pop-Tarts, festive Pringles cans, Rice Krispies Treats Christmas Mini Squares, RXBAR Gingerbread Protein bars with 12g of protein, Cheez-It Stocking Stuffers in 4.5 oz cartons, -edition Club Minis Cinnamon Sugar Crackers, and various Town House crackers. The seasonal offerings focus on combining traditional holiday flavors with convenient packaging, suitable for gifting and holiday entertaining.
Pop-Tarts Bowl and GE Appliances have unveiled the first-ever championship trophy with a built-in working toaster for the upcoming game between Miami Hurricanes and Iowa State Cyclones on December 28, 2024. The innovative trophy, designed and engineered by GE Appliances' FirstBuild team, transforms a traditional sports trophy into a functional appliance that can toast Pop-Tarts pastries.
The concept follows the success of last year's bowl game which featured the first-ever edible mascot. The trophy was officially unveiled on December 15 in Orlando during a ceremony where it was tested for the first time. The game will be broadcast live on ABC at 3:30 p.m. ET, after which the trophy will be returned to the winning team's campus.
Pop-Tarts has revealed Frosted Cinnamon Roll as the third Edible Mascot for this year's Pop-Tarts Bowl, alongside Frosted Hot Fudge Sundae and Frosted Wild Berry. This fan-favorite flavor is making its return to shelves nationwide, with a initial release available on the Pop-Tarts online shop.
The brand is enhancing the bowl experience with special edition Mascot Packs, in-stadium concessions, and a Fan Fest outside Camping World Stadium in Orlando. Fans can vote for their favorite Edible Mascot until December 28, with those matching the MVP's final pick entering a chance to win a memorialized piece of the winning mascot and a year's supply of Pop-Tarts.
Cheez-It is transforming the 2024 Cheez-It Citrus Bowl into a platform for fulfilling fans' wildest college football fantasies ('Fantaseez'). From December 2-15, fans can submit their absurd game day dreams at cheezit.com/footballfantaseez for a chance to make them reality. Featured experiences include an on-field wedding officiated by mascot Ched-Z and broadcasting from the world's largest bowl of Cheez-It crackers. The brand appointed reality TV star Kordell Beckham as its first 'Chief Fantaseez Officer' to help bring these experiences to life. The bowl game kicks off December 31 at 3 p.m. ET on ABC.
Pop-Tarts® is enhancing its Bowl game experience by introducing three edible mascots for the 2024 event, following last year's viral success. The new mascots include Frosted Wild Berry, Frosted Hot Fudge Sundae, and a mystery flavor from the vault. The game's MVP will choose which mascot gets eaten by the winning team at the December 28 event. To commemorate the previous Bowl, -edition Printed Fun Mascot Packs are available nationwide in Frosted Strawberry and Frosted Apple Turnover flavors. The 2023 Pop-Tarts Bowl campaign received multiple awards including the Cannes Lions Grand Prix.
Cheez-It has increased its donation to the College Football Playoff Foundation's Extra Yard for Teachers initiative to $300,000, up $50,000 from last year. This partnership, part of Kellanova's Better Days Promise, aims to support educators nationwide. In 2023, the previous $250,000 donation funded 444 projects for 343 teachers at 175 schools, focusing on underfunded schools in Illinois and Michigan where at least 50% of students qualify for free or reduced-price lunches. The initiative includes funding classroom projects through DonorsChoose and engaging college football student-athletes to honor educators.
Kellanova shares expert advice on holiday cracker pairings through Chef Becca Kapela's recommendations. The guide details various combinations of crackers with cheeses and meats, from basic to elevated pairings. Notable suggestions include pairing Toasteds® Savory Onion with crème fraîche and smoked trout, Town House® Flipsides with parmesan and apple cider jelly, and Club® Sweet Hawaiian crackers with cheddar, pork belly, and sage honey. The guide emphasizes balancing flavors and textures to create optimal taste combinations for holiday gatherings.
Cheez-It launches its first-ever Cheez Wheelz food truck at college football tailgates, leading up to the Cheez-It Citrus Bowl. The truck will visit two locations: Happy Valley, PA on November 2, and Athens, GA on November 16, 2024. The menu features Cheez-It-infused tailgate classics including specialty smashburgers, a chili mac & cheese hot dog, and cheezy pickle dip. The brand reports 280% year-over-year growth and holds over 29% market share in college and university cracker markets.
Kellanova (NYSE: K) has released its 2024 third quarter earnings results. The detailed financial documents are accessible on the company's website. Additionally, a Current Report on Form 8-K has been filed with the U.S. Securities and Exchange Commission and can be viewed on the SEC's website.
Kellanova (NYSE: K) has announced a quarterly dividend of $0.57 per share, payable on December 13, 2024, to shareholders of record as of December 2, 2024. This marks the company's 400th dividend payment since 1925, maintaining its long-standing tradition of shareholder returns. The ex-dividend date is set for December 2, 2024.
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