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.
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.
Cheez-It Grooves delivered a unique at-home experience for one lucky family during the pandemic, awarding them a 'Dude Ranch Spring Break-In-A-Box.' The Zerbini family from Pennsylvania enjoyed a full setup complete with a mechanical bull ride and various activities, all inspired by Cheez-It Grooves Zesty Cheddar Ranch. They received a year's supply of Cheez-It Grooves alongside this special delivery. This initiative aimed to provide families with a memorable experience amidst challenging times, showcasing the brand's commitment to fun and flavor.
Kellogg Company announced the launch of Pringles Wavy Pineapple Habanero, a unique snack that combines sweet pineapple and smoky habanero flavors, aimed at summer enjoyment. This new flavor is inspired by tropical destinations and is designed to appeal to consumers seeking bold taste experiences. Customers can purchase these chips at Walgreens and Duane Reade, available for a limited time. Additionally, purchasers have the chance to win a trip to Hawaii or Mexico by entering a promotional contest through Kellogg's Family Rewards by October 14, 2021.
Kellogg Company has launched a new cereal, Kellogg's Little Debbie Cosmic Brownies Cereal, inspired by the popular Little Debbie product. This cereal features crispy brownie squares with cosmic rainbow pieces, offering the same fudgy chocolate flavor as the iconic brownies. The product is now available nationwide at a suggested retail price of $3.99 for an 8.2-ounce box and $5.69 for a 13.2-ounce box. Jeff Badger, McKee Foods' vice president of marketing, expressed excitement over the collaboration, noting its appeal as both a breakfast option and a snack.
FAQ
What is the current stock price of Kellanova (K)?
What is the market cap of Kellanova (K)?
What is Kellanova?
What are some of the popular brands under Kellanova?
What recent initiatives has Kellanova undertaken?
What is Kellanova's goal for 2030?
How does Kellanova leverage AI in its operations?
What is the annual sales figure for Kellanova?
Where are Kellanova's products manufactured and marketed?
Who are the key executives at Kellanova?
Where can I find more information about Kellanova?
What is the purpose of Kellanova?
