Kellanova Stock Price, News & Analysis

Kellogg Company has partnered with Little Debbie to launch Kellogg's Little Debbie Swiss Rolls Cereal, celebrating the 60th anniversary of the beloved Swiss Rolls snack cake. This new cereal features crispy chocolatey swirl puffs coated with a chocolatey creme flavor, promising to deliver the nostalgic taste of the original treat. The cereal will be available nationwide starting April, with prices set at $5.29 for an 8.4-ounce box and $6.49 for a 13.5-ounce box. This launch marks the fourth in the collaboration series, following previous cereals inspired by Oatmeal Creme Pies, Cosmic Brownies, and Nutty Buddy. The objective is to provide fans with new breakfast options while capitalizing on cherished childhood memories.

Kellogg Company, in collaboration with Eva Longoria, has launched Eva's Breakfast for All Bundle to combat childhood hunger in the U.S. The initiative aims to address food insecurity affecting 9 million children. For every bundle sold at $25, Kellogg will donate $1,000 to No Kid Hungry, up to $100,000. The bundle includes Kellogg's favorite breakfast items and a signed commemorative item. The promotion runs from March 22 through May 9, 2023, with opportunities to support via specially marked products. Kellogg has previously provided 194 million meals to kids in need.

Kellogg Company (NYSE: K) has made significant progress towards its goal of creating better days for 3 billion people by 2030, having already nourished over 989 million individuals since 2015. The company's Better Days® Promise focuses on enhancing sustainable food access and addressing nutritional deficiencies through its product offerings. Currently, 55% of Kellogg's foods meet the Kellogg Global Nutrition Criteria, with 58% providing a good source of fiber and 90% featuring front-of-pack nutrition labeling. Kellogg aims to combat food insecurity heightened by climate change while promoting wellbeing.

Kellogg Company has launched NEW Kellogg's Frosted Flakes® Minecraft, a limited-edition cereal inspired by the popular video game Minecraft. Following the success of their previous Minecraft collaboration, the new cereal combines classic Frosted Flakes with 'Creeper Bit' marshmallows, designed to engage gamers and cereal fans alike. Each box includes a code for 350 Minecoins, enhancing the gaming experience. The cereal will be available starting in April at a suggested retail price of $5.29 for the 8.4-ounce box and $6.49 for the 13.5-ounce box. This launch aligns with Kellogg's goal to connect with consumer interests in gaming.

Kellogg Company (NYSE: K) announced its plan to separate into two public companies: Kellanova, focusing on global snacking, and WK Kellogg Co, dedicated to North American cereal. This separation aims to enhance operational agility and align distinct corporate cultures. The name Kellanova reflects the company's ambition and heritage, while WK Kellogg Co honors its founder. Kellanova will feature brands like Pringles, Cheez-It, and MorningStar Farms, whereas WK Kellogg Co will include iconic cereals such as Frosted Flakes and Rice Krispies. The spin-off is expected to finalize by the end of 2023, with the ticker 'K' for Kellanova.

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.