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WK Kellogg Co - KLG STOCK NEWS

Welcome to our dedicated page for WK Kellogg Co news (Ticker: KLG), a resource for investors and traders seeking the latest updates and insights on WK Kellogg Co stock.

WK Kellogg Co (NYSE: KLG) is a leading cereal manufacturer, renowned as the second-largest in North America. The company’s extensive brand portfolio includes household names like Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini-Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. Spun off from the former Kellogg business, now known as Kellanova, WK Kellogg Co began trading independently in October 2023.

WK Kellogg generates the bulk of its sales, about 88% in fiscal 2023, from North America. The company’s strategy involves leveraging its strong brand presence and scaling its operations across the U.S., Canada, and the Caribbean. Recent achievements include significant margin expansion, streamlined supply chain operations, and enhanced marketing strategies aimed at reinvigorating its iconic brands.

Noteworthy projects include modernizing its supply chain by introducing new technologies and automation. This modernization aims to achieve greater efficiency and agility in production and distribution. Additionally, WK Kellogg Co plans to integrate its commercial execution across all markets and channels, ensuring a unified strategy that improves competitiveness and market share.

The company’s financial condition remains robust, backed by its substantial cash flow generation. It projects about $2.7 billion in net sales for 2024. Investments in marketing and innovation are set to continue, with a focus on new product development and impactful market messaging. WK Kellogg Co’s growth trajectory is further supported by a dedicated and experienced leadership team, including CEO Gary Pilnick.

Partnerships remain a key element of WK Kellogg Co’s strategy. The company collaborates with various stakeholders to enhance its market position and drive revenue growth. The recent investor meetings and public disclosures reflect WK Kellogg’s transparent approach to communication, providing stakeholders with insight into its strategic direction and financial outlook.

For the latest updates and detailed financial reports, please visit the company’s investor relations website at investor.wkkellogg.com. Stay informed about upcoming events, earnings releases, and other significant developments as WK Kellogg Co continues to build on its legacy of quality and innovation in the cereal industry.

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WK Kellogg Co (NYSE: KLG) has announced its participation in the Morgan Stanley Global Consumer & Retail Conference on December 4, 2024. Chairman and CEO Gary Pilnick and CFO Dave McKinstray will engage in a fireside chat at 8:00AM ET. The event will be accessible through a live webcast on the company's investor website, Investor.wkkellogg.com, with public and press participation to listen-only mode. A replay will be available on the company's investor page for those unable to attend the live session.

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WK Kellogg Co (NYSE: KLG) has released its third quarter 2024 financial results and announced an increase in its 2024 Adjusted EBITDA guidance. The company has made the detailed financial reports, GAAP reconciliations, and presentation slides available on their investor relations website. A Form 8-K has been filed with the SEC. The company will host a conference call to discuss these results and the 2024 outlook on November 7, 2024, at 9:30 a.m. Eastern Time, which will be webcast live on their investor website.

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WK Kellogg Co (NYSE: KLG) has announced a quarterly dividend of $0.16 per share on its common stock. The dividend will be paid on December 13, 2024, to shareholders of record as of November 29, 2024. The ex-dividend date is set for November 29, 2024.

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WK Kellogg Co (NYSE: KLG) has announced a conference call scheduled for November 7, 2024, at 9:30 a.m. EDT. The call will discuss the company's third quarter 2024 financial results and provide an operational update, including insights into the business's performance and outlook.

A live audio webcast of the conference call will be available on the company's investor website. At approximately 8:00 a.m. EDT on the same day, WK Kellogg Co will release its final operating results along with related documents on their website, including a press release, financial tables, non-GAAP reconciliations, and presentation slides.

The call will feature a Q&A session with analysts, while press and public participation will be in listen-only mode. A rebroadcast of the call will be available later that day and accessible for at least 90 days on the investor website.

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WK Kellogg Co (NYSE: KLG) has announced its participation in the Barclays 17th Annual Global Consumer Staples Conference on September 4, 2024. Gary Pilnick, Chairman and CEO, and David Mckinstray, CFO, will engage in a virtual fireside chat at 3:45 PM ET.

Investors and interested parties can access a live webcast of the event through the company's investor page at investor.wkkellogg.com. The webcast will be available in listen-only mode. For those unable to attend live, a replay of the event will be made available on the same investor page afterwards.

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WK Kellogg Co (NYSE: KLG) has released its 2024 second quarter financial results and announced the next steps of its Supply Chain Modernization Plan. The company has made available key documents including the financial press release, GAAP reconciliations, and presentation slides on its investor relations website. A Current Report on Form 8-K has also been filed with the SEC.

WK Kellogg Co will host a conference call on August 6, 2024, at 9:30 a.m. Eastern Time to discuss the Q2 2024 results and provide an outlook for 2024. Investors and interested parties can access the live webcast of the conference call and accompanying presentation slides on the company's investor relations website.

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WK Kellogg Co (NYSE: KLG) has declared a quarterly dividend of $0.16 per share on its common stock. The dividend will be payable on September 13, 2024, to shareholders of record at the close of business on August 29, 2024. The ex-dividend date is also set for August 29, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders through regular dividend payments.

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WK Kellogg Co (NYSE: KLG) announced it will host a conference call on August 6, 2024, at 9:30 a.m. EDT, to discuss its Q2 2024 financial results and provide an operational update. Prior to the call, at 8:30 a.m. EDT, the company will release its final operating results, financial tables, necessary non-GAAP reconciliations, and presentation slides on its website (investor.wkkellogg.com). The event will include a Q&A session with analysts, but the press and public can only listen. A rebroadcast will be available on the company's website for at least 90 days.

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WK Kellogg Co (NYSE: KLG) announced that its Chairman and CEO, Gary Pilnick, and CFO, David Mckinstray, will participate in a virtual fireside chat at the 4th Annual Evercore ISI Consumer and Retail Conference. The event is scheduled for 1:15 PM ET on June 11, 2024.

A live webcast of the session will be available on the company's investor page, and a replay will also be accessible for those who cannot attend the live event.

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WK Kellogg Co released its 2024 first quarter financial results, confirming its guidance for 2024. The documents are available on the company website and SEC's platform. A conference call is scheduled to discuss the results and outlook.

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FAQ

What is the current stock price of WK Kellogg Co (KLG)?

The current stock price of WK Kellogg Co (KLG) is $17.92 as of December 20, 2024.

What is the market cap of WK Kellogg Co (KLG)?

The market cap of WK Kellogg Co (KLG) is approximately 1.6B.

What brands are under WK Kellogg Co?

WK Kellogg Co's brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini-Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked.

When did WK Kellogg Co become an independent publicly traded company?

WK Kellogg Co began trading independently in October 2023 after being spun off from the former Kellogg business.

What is WK Kellogg Co's primary market?

WK Kellogg Co generates approximately 88% of its sales from the North American market.

What are WK Kellogg Co's projected net sales for 2024?

WK Kellogg Co projects about $2.7 billion in net sales for the year 2024.

How is WK Kellogg Co modernizing its supply chain?

WK Kellogg Co is modernizing its supply chain by introducing new technologies and automation to achieve greater efficiency and agility.

Where can I find WK Kellogg Co's financial reports?

WK Kellogg Co's financial reports are available on their investor relations website at https://investor.wkkellogg.com.

Who is the CEO of WK Kellogg Co?

Gary Pilnick serves as the Chief Executive Officer of WK Kellogg Co.

What is WK Kellogg Co's strategy for growth?

WK Kellogg Co's strategy includes modernizing its supply chain, integrating commercial execution across all markets, and investing in marketing and innovation.

How can I stay updated on WK Kellogg Co's latest developments?

You can stay updated by visiting WK Kellogg Co's investor relations website and following their latest news and reports.

What recent events has WK Kellogg Co hosted for investors?

Recent events include investor meetings where the company's strategic plans and financial outlook were discussed. Details can be found on their investor relations website.

WK Kellogg Co

NYSE:KLG

KLG Rankings

KLG Stock Data

1.56B
80.31M
6.76%
90.14%
11.99%
Packaged Foods
Grain Mill Products
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United States of America
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