Kellanova Stock Price, News & Analysis

Kellogg Company (NYSE: K) has been recognized as one of the World's Most Ethical Companies for 2023 by Ethisphere, marking the 15th time since the rankings began in 2007. This year, Kellogg is one of only seven companies honored in the Food, Beverage and Agriculture category. The assessment process involves over 200 questions regarding ethics, governance, and social practices, highlighting the company's commitment to integrity and transparency. Kellogg's net sales exceeded $15.3 billion in 2022, striving to create 'Better Days' for 3 billion people by 2030 through its ESG strategy.

Eggo is launching a giveaway to assist parents with the challenging morning after Daylight Saving Time on March 12, 2023. According to a survey, 53% of U.S. parents would prefer to pay $100 than manage their kids alone that morning. Eggo is offering a chance to win $100 for hiring a babysitter and stocking up on Eggo waffles. The giveaway opens on March 9 and aims to alleviate the struggles families face after the time change. This initiative aligns with Eggo's ongoing campaign to support parents during hectic mornings, reinforcing the brand's commitment to making breakfast a simpler experience for families.

On February 23, 2023, Kellogg Company announced the launch of its latest product, Apple Jacks® Frosted Apple Cinnamon Flavor Pop-Tarts®, inspired by the iconic cereal. Set to hit the shelves nationwide in March, with full rollout by April, these new pastries feature a combination of cinnamon and sweet apple flavors, presented in an 8-count box at an SRP of $3.84, and a 16-count box exclusively at Walmart for $5.02. The company highlights that over 50% of Apple Jacks households also buy Pop-Tarts, suggesting strong market potential for this mashup flavor. The product adds to Kellogg's innovative portfolio, following the success of previous Pop-Tarts flavors.

Pritzker Private Capital has appointed Carter Cast as Operating Partner to enhance commercial activities across its family of companies. With over 30 years of experience, Mr. Cast has a proven background in driving significant growth, having previously served as CEO of Walmart.com and co-founding Blue Nile, an online jewelry marketplace. His experience includes marketing roles at Frito Lay. Mr. Cast's strategic insights are expected to accelerate PPC’s long-term growth. He will also continue his academic role at Kellogg School of Management while serving in this new capacity.

Kellogg Company (NYSE: K) and Meijer have partnered with The National Young Farmers Coalition to support the next generation of farmers through funding and advocacy efforts. Funding will cover honorariums for 12 Midwest farmers, including five from Michigan, participating in the Young Farmers Land Advocacy Fellowship as part of the One Million Acres for the Future campaign. This initiative aims to improve access to land and financing for young farmers, especially those from diverse backgrounds. The collaboration aims to shape sustainable agriculture and support local farmers, underlining Kellogg's commitment to community engagement and equitable food systems.

Kellogg Company (NYSE: K) announced a dividend of $0.59 per share on February 17, 2023, which will be payable on March 15, 2023. Shareowners must be on record by the close of business on March 1, 2023, with the ex-dividend date set for February 28, 2023. This marks the 393rd dividend paid by Kellogg since 1925. The company reported net sales exceeding $15.3 billion in 2022, primarily from snacks and convenience foods. Kellogg is committed to creating Better Days for 3 billion people by 2030 through its ESG strategy.

Kellogg Company (NYSE: K) is focusing on its Better Days Promise, aiming to positively impact the lives of 3 billion people by 2030 through initiatives in wellbeing, hunger, and sustainability. The company emphasizes employee contributions in achieving these goals. In 2022, Kellogg reported net sales exceeding $15.3 billion, primarily from snacks and convenience foods. The company’s environmental, social, and governance (ESG) strategy is guiding its operations to address interconnected challenges in wellbeing and climate, highlighting its commitment to creating a good and just world.

Frankford Candy has introduced five new Easter treats, expanding its lineup with three PEEPS^® treat sets and two Kellogg's^® Rice Krispies^® candy items. The new offerings include the PEEPS^® Milkshake Kit, Flower Power Bunny Gift Set, and Race Car Driver Bunny Gift Set, priced between $7.99 and $8.99. Additionally, two Kellogg's^® Rice Krispies^® products include candy eggs and marshmallow rabbits, priced from $3.99 to $6.99. These new items will be available at popular retailers like Walmart, Target, and CVS, aiming to attract candy lovers this Easter season.