Kellanova Stock Price, News & Analysis

Kellogg's Frosted Flakes has launched three new flavors: Strawberry Milkshake, Cinnamon French Toast, and Chocolate, set to hit stores nationwide in May 2022. These flavors not only enhance the taste of the milk left in the bowl but also create a vibrant color change. Each flavor offers nostalgic taste experiences with prices starting at $4.49 for a 13.5-ounce box. The introduction aims to provide families with fun and flavorful breakfast options, further solidifying Kellogg's presence in the cereal market.

Kellogg Company’s Senior VP, Dr. Nigel Hughes, outlined three key strategies in a recent blog post aimed at addressing significant challenges in the global food system. The strategies include: 1. Building on the original food system by utilizing local ingredients and sustainable practices, 2. Developing collective solutions through partnerships aimed at supporting farmers and reducing emissions, and 3. Accelerating a circular food system to minimize waste and enhance productivity. Kellogg's net sales reached nearly $14.2 billion in 2021, aligning with their Better Days ESG strategy.

Cheez-It® has launched a limited-edition snack in collaboration with Pandora®, called Cheez-It x Pandora Aged by Audio. This unique product is inspired by a Swiss study suggesting that aging cheese to hip-hop music enhances its flavor. The crackers will be available for purchase starting May 26, 2022, at CheezItHQ.com. The promotion includes a mixtape curated by Pandora and a free 90-day trial of Pandora Premium with each purchase. The initiative celebrates both music and innovative food experiences, promising a unique treat for fans.

Kellogg Company has launched the Kellogg Finance Scholars program in partnership with local educational institutions in Battle Creek, Michigan. The program aims to offer scholarships to up to three graduating seniors from Battle Creek Central High School. Scholars will receive funding to pursue degrees in Business Management or Accounting, followed by internships and potential full-time positions at Kellogg. Emphasizing community support, the initiative enhances local education while bolstering Kellogg's recruitment of diverse talent in finance.

Kellogg Company (NYSE: K) has partnered with Hot Ones to launch a limited-edition lineup of Pringles Scorchin' Hot Ones™ crisps, designed for spice enthusiasts. This new collection features three flavors: The Classic Hot Sauce, Los Calientes Rojo, and Los Calientes Verde, each offering a unique spicy experience.

The product rollout begins in June 2022, with promotional sweepstakes allowing fans to win exclusive prizes. This collaboration aims to engage Hot Ones' dedicated fanbase and enhance Pringles' market presence.

Kellogg Company has launched a new flavor, Rice Krispies Treats HOMESTYLE Cinnamon Sugar, inspired by popular homemade treats. This product features fluffy marshmallows, golden butter, and a generous sprinkle of cinnamon sugar. The new flavor enhances the existing HOMESTYLE line, which includes Original and Chocolate varieties, and each bar is 50% bigger than the traditional version. Priced at $3.99 for six bars and $5.24 for twelve, this treat is available nationwide. The launch aims to capture nostalgic flavors reminiscent of childhood.

On May 9, 2022, Cheez-It® launched a new limited-time product, Snap'd Scorchin' Hot Cheddar, aiming to enhance lunchtime experiences with a spicy, cheesy flavor. Made with 100% real cheddar cheese, this snack offers a blend of garlic and umami for a fiery taste. The product is marketed to reignite enthusiasm for lunch, addressing the trend of skipped meals. Available nationwide starting in May 2022, it promises to transform mundane lunches into exciting culinary experiences.

Kellogg Company (NYSE: K) has released its first-quarter earnings report for 2022. Key documents including financial press releases and GAAP reconciliations are available on the company’s investor website. The earnings presentation will be led by CEO Steve Cahillane and CFO Amit Banati, with a Q&A session for analysts to follow. The public webcast is scheduled for May 5, 2022, at 9:30 am ET. Kellogg's commitment to sustainability is highlighted through its Better Days ESG strategy, aiming to support 3 billion people by 2030.

Kellogg Company (NYSE: K) has declared a quarterly dividend of $0.58 per share, payable on June 15, 2022, to shareholders of record by June 1, 2022. The ex-dividend date is set for May 31, 2022. This marks the 390th dividend paid by the company since 1925. Additionally, Kellogg plans to increase the dividend to $0.59 per share starting in the third quarter of 2022. In 2021, the company reported net sales of nearly $14.2 billion.