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.
Kellogg's has launched a new cereal inspired by the hit animated series Miraculous™ - Tales of Ladybug and Cat Noir. The product, named Kellogg's® Miraculous™ Cereal, features a Strawberry Macaron flavor and will be available in April 2023. Priced at $5.29 for an 8.4-ounce box and $6.49 for a 13.5-ounce box, the cereal includes pink and purple pieces and white marshmallows, capturing the essence of the show’s superheroes. This collaboration aims to engage both Kellogg's cereal and Miraculous fans, enhancing breakfast experiences. The show is currently in its fifth season and enjoys a robust global presence.
Kellogg's (NYSE: K) has announced a partnership with Albertsons, Vons, and Pavilions to donate
Frankford Candy and Kellogg's are launching two new king-size Kellogg's Rice Krispies Candy Bars in marshmallow and strawberry flavors, expanding the Rice Krispies product line. These candy bars, weighing 2.75 ounces, will retail for $2.49 and will be available starting in April at Walmart, Five Below, and Big Lots, as well as online. This marks Frankford Candy's first year-round licensed Kellogg's product, following previous limited-edition releases. The new products aim to enhance sensory experiences through taste and texture, leveraging the popularity of Rice Krispies cereal.
Kellogg Company has partnered with Little Debbie to launch Kellogg's Little Debbie Swiss Rolls Cereal, celebrating the 60th anniversary of the beloved Swiss Rolls snack cake. This new cereal features crispy chocolatey swirl puffs coated with a chocolatey creme flavor, promising to deliver the nostalgic taste of the original treat. The cereal will be available nationwide starting April, with prices set at $5.29 for an 8.4-ounce box and $6.49 for a 13.5-ounce box. This launch marks the fourth in the collaboration series, following previous cereals inspired by Oatmeal Creme Pies, Cosmic Brownies, and Nutty Buddy. The objective is to provide fans with new breakfast options while capitalizing on cherished childhood memories.
Kellogg Company, in collaboration with Eva Longoria, has launched Eva's Breakfast for All Bundle to combat childhood hunger in the U.S. The initiative aims to address food insecurity affecting 9 million children. For every bundle sold at $25, Kellogg will donate $1,000 to No Kid Hungry, up to $100,000. The bundle includes Kellogg's favorite breakfast items and a signed commemorative item. The promotion runs from March 22 through May 9, 2023, with opportunities to support via specially marked products. Kellogg has previously provided 194 million meals to kids in need.
Kellogg Company (NYSE: K) has made significant progress towards its goal of creating better days for 3 billion people by 2030, having already nourished over 989 million individuals since 2015. The company's Better Days® Promise focuses on enhancing sustainable food access and addressing nutritional deficiencies through its product offerings. Currently, 55% of Kellogg's foods meet the Kellogg Global Nutrition Criteria, with 58% providing a good source of fiber and 90% featuring front-of-pack nutrition labeling. Kellogg aims to combat food insecurity heightened by climate change while promoting wellbeing.
Kellogg Company has launched NEW Kellogg's Frosted Flakes® Minecraft, a limited-edition cereal inspired by the popular video game Minecraft. Following the success of their previous Minecraft collaboration, the new cereal combines classic Frosted Flakes with 'Creeper Bit' marshmallows, designed to engage gamers and cereal fans alike. Each box includes a code for 350 Minecoins, enhancing the gaming experience. The cereal will be available starting in April at a suggested retail price of $5.29 for the 8.4-ounce box and $6.49 for the 13.5-ounce box. This launch aligns with Kellogg's goal to connect with consumer interests in gaming.
Kellogg Company (NYSE: K) announced its plan to separate into two public companies: Kellanova, focusing on global snacking, and WK Kellogg Co, dedicated to North American cereal. This separation aims to enhance operational agility and align distinct corporate cultures. The name Kellanova reflects the company's ambition and heritage, while WK Kellogg Co honors its founder. Kellanova will feature brands like Pringles, Cheez-It, and MorningStar Farms, whereas WK Kellogg Co will include iconic cereals such as Frosted Flakes and Rice Krispies. The spin-off is expected to finalize by the end of 2023, with the ticker 'K' for Kellanova.
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