Kellanova Stock Price, News & Analysis

Cheez-It® introduces Puff'd®, a new snack made with 100% real cheese, offering a unique puffy and airy texture. This product features three varieties: Double Cheese, White Cheddar, and Scorchin' Hot Cheddar, each promising a melt-in-your-mouth experience. The launch aims to enhance family snacktime fun, according to marketing director Erin Storm. Cheez-It Puff'd will be available in stores nationwide starting February 2022. Kellogg Company, parent of Cheez-It, reported net sales of approximately $13.8 billion in 2020.

Kellogg's® Special K® has launched a new product: Special K® Brown Sugar Cinnamon. This cereal offers 100% daily value of 10 essential vitamins and minerals, including Zinc and Vitamin B12. The launch aims to combine taste and nutrition, making it easier for consumers to enjoy a healthy breakfast. Priced at $4.19 for a 12.5-ounce box and $5.29 for an 18.3-ounce box, the new cereal features whole grain flakes with cinnamon. Available at retailers nationwide starting January 2022.

Kellogg Company (NYSE: K) will release its 2021 fourth quarter financial results on February 10, 2022, at 8:00 am EDT. The financial release will be available on the company's website alongside additional documents such as GAAP reconciliations and presentation slides. Following the announcement, CEO Steve Cahillane and CFO Amit Banati will discuss the results during a live webcast at 9:30 am EDT, which will include a Q&A session for analysts. A rebroadcast will be accessible later on the company’s investor site.

Kellogg's Nutri-Grain has launched three new flavor mashups aimed at kids: Strawberry & Squash and Apple & Carrot soft-baked breakfast bars, along with Chocolatey Banana Nutri-Grain Bites. Each product contains 8 grams of whole grains per serving, designed to appeal to both parents and children. The new items will be available nationwide this month, with suggested retail prices of $3.99 for an 8-count box of breakfast bars and $3.69 for a 5-count box and $5.79 for a 10-count box of the bites. This innovation aligns with Kellogg's commitment to providing healthy snack options.

In a return for its fifth consecutive year, Pringles is set to advertise during the upcoming Big Game. The brand aims to deliver humor and innovative snack solutions, promising a fun twist that addresses a common snacking dilemma. Gareth Maguire, senior director of marketing for Pringles, expressed enthusiasm for the new concept, hinting at exciting surprises for viewers. The campaign will include a 30-second commercial produced by Grey Group, supplemented by an integrated approach comprising PR, digital, and social media strategies.

Kellogg Company announced that a new five-year contract has been ratified for approximately 1,400 union-represented employees at its four U.S. cereal plants located in Battle Creek, MI, Omaha, NE, Lancaster, PA, and Memphis, TN. The agreement, forged with the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union, includes immediate wage increases and enhanced benefits. Employees are set to return to work the week of December 27, 2021, marking a significant step forward for the company.

Kellogg Company announced a tentative five-year labor contract with the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union, affecting 1,400 employees across U.S. cereal plants. Key highlights include increased wages, improved healthcare benefits with no costs, enhanced retirement benefits, and no concessions required from employees. The union will vote on the agreement soon, following a strike initiated on Oct. 5 due to failed negotiations. Kellogg aims to finalize the contract to stabilize operations at its facilities in Battle Creek, Lancaster, Memphis, and Omaha.

Kellogg Company has announced the launch of two new Pop-Tarts® flavors inspired by classic donuts: Frosted Boston Creme and Frosted Apple Fritter. Set to hit shelves by the end of December 2021, these 8-count boxes will retail for an SRP of $2.99. Each Pop-Tart features a flaky crust and donut-inspired fillings, aiming to satisfy breakfast cravings. This launch complements the recently released seasonal offerings, including Sugar Cookie and Eggo® Frosted Maple Syrup flavors, indicating Kellogg’s commitment to innovative snack solutions.

Kellogg Company announced that approximately 1,400 hourly employees at four U.S. cereal plants have rejected a tentative five-year contract. The agreement aimed to provide transitional employees with a path to legacy wages and benefits, alongside wage increases and improved benefits for all workers. Following 19 negotiation sessions without reaching a deal, Kellogg plans to hire replacement employees to maintain operations. President Chris Hood emphasized the necessity of ensuring business continuity for customer satisfaction amidst the ongoing work stoppage.