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 Company (NYSE: K) has declared a $0.58 dividend per share on its common stock, with payment scheduled for September 15, 2021. Shareholders on record as of September 1, 2021 will qualify for this dividend, and the ex-dividend date is set for August 31, 2021. This marks the 387th consecutive dividend paid by Kellogg since 1925. In 2020, the company reported net sales of approximately $13.8 billion, primarily from snacks and convenience foods.
Nutri-Grain, part of Kellogg, reveals that parents spend approximately nine days a year negotiating food choices with their children, with 43% negotiating at least six times a day. To help families spend more quality time together, Nutri-Grain launched the "Getaway from Negotiation" sweepstakes from July 14-28, where five winners will receive a family trip valued at up to $10,000, along with a year's supply of Nutri-Grain products. This initiative aims to ease meal discussions with parents finding Nutri-Grain snacks a solution they can feel good about.
Kellogg Company has launched its new Eggoji™ waffles, a playful twist on the classic Eggo waffles featuring animated faces. This innovative product aims to make breakfast more enjoyable for families, transforming chaotic mornings into moments of fun. The launch coincides with World Emoji Day, promoting small wins for parents and kids alike. Additionally, Kellogg is partnering with No Kid Hungry to provide up to half a million breakfasts through social media engagement. Eggoji waffles are now available at retailers nationwide.
Kellogg Company has announced a collaboration with MGM to promote the animated sequel 'The Addams Family 2,' launching limited-edition cereales and snacks for Halloween. Available starting July 2021, products include spooky-themed Kellogg's Froot Loops, Chocolate Frosted Flakes, and Apple Jacks, featuring beloved characters like Wednesday and Lurch. Each box offers a free digital download of the original animated film. Prices range from $3.99 to $9.99, aiming to enhance family fun during the Halloween season.
Kellogg Company (NYSE: K) will release its 2021 second quarter financial results on August 5, 2021, at 8:00 am EDT. The results will be available on the company's investor website, accompanied by a press release, financial tables, and presentation slides. A public webcast will follow at 9:30 am EDT, hosted by Chairman Steve Cahillane and CFO Amit Banati, including a Q&A session with analysts. The event will also be rebroadcasted and available for download as an MP3 podcast shortly after.
On July 7, 2021, Cheez-It® Snap'd® launched a campaign to revitalize lunchtime with a contest featuring a year’s supply of snacks and $10,000 in lunch money. The initiative, aimed at addressing the monotony of lunch for many Americans, is promoted by comedian Alfonso Ribeiro. The contest runs from July 7 to 21, encouraging fans to share their 'sad sandwiches' via social media to enter. This campaign aims to drive engagement and boost the visibility of Cheez-It Snap'd as a versatile lunchtime companion.
Kellogg's Incogmeato and Heineken 0.0 have joined forces to launch the '4th for All' kits, targeting over 10 million Americans who will work on July 4th. The kits include plant-based Incogmeato burgers, which contain 41% less saturated fat compared to ground beef, and alcohol-free Heineken 0.0, allowing workers to enjoy the grilling holiday. The promotion runs from June 28 - July 2, 2021. Influencers will help spread awareness about the kits, aiming to enhance the experience of American workers during the holiday.
Kellogg Company announces the launch of Pringles Scorchin' Sour Cream & Onion, the fourth flavor in its Scorchin' collection. This new flavor offers a spicy twist on the classic Sour Cream & Onion taste, appealing to Zillenials who favor unique, spicy snacks. The addition aims to enhance the current flavor lineup, which includes BBQ, Cheddar, and Chili & Lime. Pringles Scorchin' Sour Cream & Onion is available at select retailers nationwide, continuing Kellogg's focus on innovative snack options.
Kellogg's Away From Home has expanded its partnership with Sodexo to introduce the Incogmeato™ by MorningStar Farms® Burger Patties at over 3,000 locations. This plant-based protein mimics the taste and texture of meat, providing 19 grams of plant-based protein and being rich in iron and B12. This collaboration aims to address the rising consumer demand for plant-based options. Sodexo's initiative aligns with its carbon reduction goal to cut emissions by 34% by 2025, responding to preferences among younger consumers for meat alternatives.
Kellogg's Special K has partnered with Black Girls RUN! to launch the inaugural Special 5K, encouraging participants to run for a cause. This virtual race, which runs from June 8 to June 30, 2021, aims to provide up to 2.5 million meals for Feeding America, with Kellogg donating $10 for every completed 5K. Celebrity La La Anthony supports the initiative, highlighting the importance of community in promoting healthy living. The Special 5K is free for all participants, aiming to engage a broad audience in wellness and philanthropy.
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