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.
The Kellanova (K) news feed on Stock Titan aggregates company announcements, brand updates, and regulatory disclosures that trace the evolution of this snacks-led food business and its transition into private ownership. Kellanova describes itself as a leader in global snacking, international cereal and noodles, and North America frozen foods, with a portfolio that includes Pringles, Cheez-It, Pop-Tarts, Kellogg’s Rice Krispies Treats, RXBAR, Eggo, MorningStar Farms, Special K, Coco Pops, and related brands.
News items highlight a wide range of activity. Brand and marketing stories cover Pop-Tarts’ title sponsorship of the Pop-Tarts Bowl, including the use of "Edible Mascots" and social-first experiences, seasonal product assortments across snacks and cereals, and collaborations such as The Original Donut Shop Pop-Tarts Brown Sugar Cinnamon-flavored K-Cup pod. Product innovation coverage includes RXBAR expanding beyond bars into Protein Energy Bites and limited-edition holiday flavors and packaging for several brands.
Strategic and sustainability-focused releases describe Kellanova’s partnerships and long-term commitments. Examples include a collaboration with Walmart and Indigo Ag to support Arkansas rice farmers through regenerative agriculture and commentary from senior leaders on consumer packaged goods trends, digital transformation, and the use of AI and analytics in marketing and supply chain management.
Regulatory and corporate-structure news, often cross-referenced with SEC filings, documents Mars, Incorporated’s acquisition of Kellanova. These updates include antitrust review milestones, European Commission approval, and statements that, following the merger, Kellanova’s common stock would be delisted from the New York Stock Exchange and cease trading. Investors and researchers can use this news stream to follow both the historical public-company phase of Kellanova and its ongoing brand and sustainability initiatives within a Mars-affiliated structure.
Taco Bell and Kellanova have partnered to launch the Big Cheez-It Crunchwrap Supreme and the Big Cheez-It Tostada. Both items feature a Cheez-It cracker that is 16 times larger than the original. The Big Cheez-It Crunchwrap Supreme includes seasoned beef, nacho cheese sauce, lettuce, sour cream, and tomatoes, wrapped in a tortilla. The Big Cheez-It Tostada includes seasoned beef, tomatoes, lettuce, shredded cheese, and sour cream atop the oversized cracker. These items will be available to Taco Bell Rewards Members via the app from May 30 and nationwide from June 6.
Kellanova (NYSE: K) will host two significant fireside chats in June 2024. The first event will be at Deutsche Bank's dbAccess Global Consumer Conference in Paris, live-streamed on June 6 at 2:30 AM EST (8:30 AM CEST). The second event will take place at Evercore ISI's Consumer and Retail Conference on June 11 at 9:30 AM EST. Both sessions will feature Steve Cahillane, the company's Chairman, President, and CEO. Replays and transcripts will be available on Kellanova's investor website.
Kellanova and Albertsons have partnered to combat food insecurity in southern Montana, specifically aiding Billings Public Schools. Kellanova has donated $15,000 to the Education Foundation for Billings Public Schools to support summer meal programs for students. Over 7,000 students rely on school meals for daytime nutrition, with more than 1,000 receiving weekend and evening nutrition through BackPack meals or school pantries each week. The funds will bolster the district's Munch Mobile, a van distributing meals, books, and hygiene products to 200 students weekly during summer. This initiative is part of Kellanova's Better Days™ Promise, aiming to feed 400 million people in need by 2030.
Cheez-It has opened the Cheez-In Diner in Woodstock, NY, just two hours outside New York City. The diner will be open from May 20 to May 26, offering a unique menu featuring Cheez-It infused items like a Deluxe Cheez-It Milkshake and Extra Cheezburger. The diner aims to attract road trippers with its retro decor and unique attractions like the world's first Cheez-It jukebox. Additional features include a merch shop, a Cheez-It Taste-It Station, and various side dishes and desserts made with Cheez-It crackers. The diner will be open late during Memorial Day Weekend.
Pringles has launched a new -edition flavor, Minecraft Spicy TNT, to celebrate the 15th anniversary of Minecraft. This collaboration follows the 2023 release of Minecraft's Suspicious Stew flavor. The Spicy TNT flavor features a combination of spicy peppers and cheese, embodying the explosive energy of TNT from the game.
Available nationwide starting in May 2024, this new flavor aims to enhance gaming sessions with bold taste. Additionally, fans who purchase Pringles or other Kellanova products can earn 350 Minecoins and participate in the Build for Better program, which includes a chance to design a real-life playground.
The promotion runs until July 31, 2024, encouraging community engagement and supporting Kellanova's Better Day's Promise for sustainable and equitable access to food.
Cheez-It has announced a multi-year sponsorship with the Indiana Fever, making it the first official snack of the team. This marks Cheez-It's first professional basketball sponsorship. The deal includes branding on practice jerseys, LED signage in the arena, and fan engagement activities, such as the Cheez-It Threez-It Challenge, where fans can win free crackers if the team scores a high number of three-pointers. The partnership begins on May 16, 2024, aligning with the Fever's first home game of the season. Cheez-It aims to enhance the game-day experience for fans, celebrating the talent of the athletes and deepening its roots in sports culture.
Eggo® launches its most protein-packed waffles ever, along with a custom pair of sneakers called Eggo Fully Loaded Kicks in two flavors. The collaboration with The Surgeon and SRGN brings innovative waffle-grid-bottomed sneakers handcrafted in Los Angeles, supporting a great cause. Fans can shop -edition kicks online, with proceeds benefiting No Kid Hungry. Eggo also introduces new waffle flavors and pledges to create better days through sustainable initiatives.
Pringles introduces its first-ever puffed snack, Pringles Mingles, offering a new way to enjoy their iconic crisps in a shareable and delicious format. Available in three mouthwatering flavors, the puffy snacks promise a melt-in-your-mouth experience with a unique bowtie shape inspired by Mr. P's signature look. The lineup includes Cheddar & Sour Cream, Sharp White Cheddar & Ranch, and Dill Pickle & Ranch varieties. These innovative snacks are set to hit shelves in October, offering fans a new snacking adventure.
STAAR Surgical Company reported a 5% increase in net sales to $77.4 million for the first quarter of 2024. The company saw a 9% growth in ICL sales and a 2% increase in units. Gross margin was at 78.9%, and adjusted EBITDA was $5.3 million or $0.11 per share. However, there was a net loss of $3.3 million or $0.07 loss per share compared to net income of $2.7 million or $0.05 income per share in the previous year. STAAR Surgical reiterated its fiscal 2024 net sales outlook range of $335 million to $340 million and expects to be at the higher end of the range. Cash, cash equivalents, and investments available for sale were $252.1 million at the end of March 29, 2024.
Club Crisps collaborates with Mike's Hot Honey to launch a -edition flavor, combining sweet and spicy for a unique snacking experience. Priced at $3.99 per 7.1-ounce bag, the new flavor will be available starting in May. The collaboration aims to tap into the growing 'Swicy' trend and offers a buttery base with the signature sweet-heat combo of 100% pure honey infused with chili peppers.