Kellanova Stock Price, News & Analysis

Kellogg Company, in partnership with United Way Worldwide, has selected grant winners from the United to Feed Innovation Challenge aimed at promoting sustainable food access. Three finalists received $25,000 each to enhance their initiatives, focusing on food education, waste reduction, and cooking skills for underserved communities. Additionally, two other finalists received $5,000 each for projects aimed at improving food access and addressing local food system gaps. This initiative is part of Kellogg's Better Days ESG strategy, which seeks to ensure equitable food access globally.

Cheez-It has become the title sponsor of the new Cheez-It Citrus Bowl, set for Jan. 2, 2023, at 1 p.m. EST in Orlando. This partnership enhances Cheez-It's commitment to college football, continuing its role as a leading sponsor in NCAA events. The agreement includes exclusive rights, social media content, and in-stadium exposure. Cheez-It's Bowl sponsorships, including the Citrus Bowl and the Cheez-It Bowl, are aimed at engaging college football fans and solidifying brand loyalty. Tickets for both bowls go on sale on Dec. 4, 2022.

Kellogg Company's Global Chief Information Officer, Lesley Salmon, shared insights into fostering a positive workplace culture. She emphasized the importance of continuous learning, purpose-driven resilience, collaboration across teams, and a clear strategy for future growth. Kellogg's recent decision to spin off its North American cereal and plant-based foods businesses aims to enhance consumer engagement. By focusing on inclusivity and employee empowerment, Kellogg aims to strengthen its competitive advantage in the food industry.

Kellogg's promotes its crackers as ideal for creating quick holiday charcuterie boards, enhancing festive gatherings. The press release, dated Nov. 7, 2022, highlights the versatility of Town House, Club, Toasteds, and Carr's crackers, emphasizing their role in making entertaining easy and enjoyable. With a focus on convenience, Kellogg's provides recipe ideas through its website, aiming to inspire consumers to stock up on these limited-edition holiday-themed crackers available at retailers nationwide. Kellogg’s net sales for 2021 reached nearly $14.2 billion, highlighting its strong market presence.

Kellogg Company (NYSE: K) reported its third quarter 2022 earnings on November 3, 2022. The financial documents detailing these results are available on the company’s investor website. During the earnings call, CEO Steve Cahillane and CFO Amit Banati will discuss the results and answer analyst questions. For 2021, Kellogg's net sales were nearly $14.2 billion, primarily from snacks and convenience foods. The company aims to create better days for 3 billion people through its ESG strategy, focusing on wellbeing, climate, and food security by 2030.

Kellogg Company (NYSE: K) has declared a regular dividend of $0.59 per share on its common stock. This dividend is set to be paid on December 15, 2022, with a record date of December 1, 2022, and an ex-dividend date of November 30, 2022. This marks the 392nd dividend payment made by Kellogg since 1925, highlighting the company’s commitment to returning value to its shareholders.

Kellogg Company released research on the positive impacts of school breakfast programs on children's social skills and classroom behavior. The study, conducted in countries like Brazil, India, and the U.S., found that these programs significantly enhance children's ability to engage in school and improve overall discipline. Since 2015, Kellogg has supported feeding initiatives reaching 4.3 million children globally. This initiative aligns with Kellogg's Better Days Promise, aiming to positively affect 3 billion people by 2030.

Kellogg's Frosted Flakes® Mission Tiger has announced a $25,000 donation to Don Tyson School of Innovation in Springdale, Arkansas, to enhance middle school sports programs. This initiative, which aids in purchasing essential equipment and training gear for various sports teams, reflects Mission Tiger's commitment to supporting local school athletics. The program has positively impacted over 1 million kids by funding sports facilities and equipment since its inception in 2019. Educators praise the donation for fostering leadership and teamwork among students.