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) announced a collaboration with Future Food-Tech to launch an Innovation Challenge focused on plant-based ideas supporting digestive wellness. The competition invites startups to pitch microbiome-based solutions, with a submission deadline of February 5, 2021. Finalists will present their ideas at a virtual event on March 11-12, 2021. D'Anne Hayman, Kellogg's VP of Global Innovation, and Simon Burton from eighteen94 Capital will judge the entries. This initiative aligns with Kellogg's commitment to wellness and its goal of positively impacting 3 billion lives by 2030.
Kellogg's Pringles brand is set to showcase its fourth Big Game advertisement titled "Space Return" on January 28, 2021. The ad promotes Flavor Stacking, humorously demonstrating the distractions it creates. Following a successful 2020 with a new brand look and the introduction of the Scorchin' line, the marketing campaign aims to engage viewers during the game, especially as many will be watching from home. The 30-second spot will air during the first quarter and will be complemented by a comprehensive marketing strategy.
Kellogg's has launched its new Special K Keto-Friendly Snack Bars in two flavors: Chocolate Almond Fudge and Peanut Butter Fudge. These bars contain only 1g of sugar, 2g of net carbs, and 7g of protein, making them an appealing option for health-conscious snackers. To promote these bars, Kellogg's is running a giveaway from January 27 to February 3 in select cities, offering free deliveries. The bars will retail at $6.99 for a five-count box, available nationwide starting this January.
Kellogg Company (NYSE: K) plans to webcast its presentation at the 2021 Consumer Analyst Group of New York Conference on February 17, 2021, at 8:00 am EST. Key executives, including Chairman and CEO Steve Cahillane and CFO Amit Banati, will present. Presentation slides will be available at investor.kelloggs.com starting at 7:00 am EST. The presentation video will also be accessible at the same URL. A replay of the Q&A session will be available on February 20.
On January 26, 2021, Kellogg Company launched a campaign to support parents during chaotic mornings, introducing the tagline 'L'Eggo With Eggo.' The initiative includes a year-long giveaway of one million Eggo waffles, encouraging parents to share their experiences using #helpmeleggo. Celebrity parents such as Melissa Joan Hart and Shawn Johnson East will also participate by sharing personalized videos. This campaign aims to transform morning stress into manageable moments of joy, reinforcing Eggo's position as a trusted breakfast staple.
Kellogg Company (NYSE: K) has announced it will release its 2020 fourth quarter financial results on February 11, 2021, at 8:00 am EDT. The results will be accessible via the company’s website, along with financial tables and presentation slides. A public webcast will follow at 9:30 am EDT, featuring commentary from Kellogg's CEO Steve Cahillane and CFO Amit Banati, with a Q&A session for analysts. A transcript will be posted within 24 hours. The webcast will be available for rebroadcast for 90 days.
Kellogg Company announced a new addition to its Raisin Bran line – Kellogg's Raisin Bran® Toasted Oats and Honey. This cereal features hearty bran flakes, juicy raisins, crispy whole-grain toasted oats, and a hint of real honey. Priced at $2.99 for 15.6 ounces and $3.99 for 22.1 ounces, the product is now available at retailers nationwide. The new cereal maintains its heart-healthy benefits and is a good source of fiber, which supports digestive health. Kellogg's aims to innovate for its loyal customers, fostering brand loyalty through new flavor combinations.
Dunkin' is expanding its menu with the new Southwest Veggie Power Breakfast Sandwich, featuring a MorningStar Farms Black Bean Patty. Launched on January 4, 2021, the sandwich is a plant-based option with 410 calories, 26 grams of protein, and 23 grams of whole grains. Dunkin' is offering DD Perks members 2X points on this sandwich and other plant-based items through January 26, 2021. This move aligns with the growing trend of plant-based diets, reflecting Dunkin's commitment to accessibility and variety in their offerings.
Kellogg and Walgreens have made a $25,000 donation to the United Way of Greater Philadelphia and Southern New Jersey to combat food insecurity. This donation supports trauma-informed care for individuals facing food challenges, addressing the stigma associated with food assistance. The partnership aims to create workshops that directly assist vulnerable populations. This initiative highlights Kellogg's commitment to community support and collaboration, continuing a longstanding partnership with United Way that has lasted over 90 years.
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