Kellanova Stock Price, News & Analysis

Kellogg Company has introduced Prince Cheddward as the official mascot for the 2021 Cheez-It® Bowl on December 29. Celebrating its 100th anniversary, Cheez-It aims to enhance the bowl experience with this new character, who embodies the fun and spirit of the game. The mascot will engage fans, whether at the Camping World Stadium or at home. This announcement continues a trend of increasing brand visibility within sports events and aims to leverage the excitement surrounding college football to drive further consumer engagement.

Kellogg Company has announced the launch of Pringles® Scorchin' Wavy Loaded Nachos to address the common issue of soggy nachos. This new flavor combines creamy queso, sour cream, and corn tortilla with hints of jalapeño and cayenne pepper, providing a crunchy texture. Available nationwide starting November 2021, with a full rollout in 2022, this product retails for $2.09 per 4.8-ounce can. The Scorchin' line previously included spicy variants of BBQ, Cheddar, and Chili & Lime flavors.

Kellogg Company, based in Battle Creek, Michigan, emphasizes the importance of simple and delicious holiday meals as the festive season approaches. Highlighting its range of products, including Club®, Town House®, Toasteds®, and Carr's® Crackers, the company aims to make holiday gatherings stress-free and enjoyable. With specially marked packages available at retailers, consumers can easily create festive charcuterie boards. Kellogg's Crackers provide a quick solution for hosting, whether for a last-minute gathering or a family movie night. Further tips and recipes are accessible on Kellogg's Family Rewards.

Kellogg Company announces the launch of a limited-edition Pop-Tarts® x Butter Kit, created in collaboration with Atlanta-based Banner Butter. The kit, available on bannerbutter.com starting Nov. 16 for $25, includes three iconic Pop-Tarts flavors paired with six exclusive butter blends. Over 6,900 tweets express enthusiasm for buttering Pop-Tarts, showcasing a growing trend. This collaboration aims to elevate the snacking experience, encouraging fans to explore unique flavor pairings.

Kellogg Company (NYSE: K) released its third quarter earnings results for 2021 on November 4, 2021. Details are available on Kellogg's investor relations website. A public presentation will be held, featuring executives Steve Cahillane and Amit Banati, discussing the earnings results and answering questions from analysts. Investors can access the webcast live or in a rebroadcast format, with presentation slides and transcripts available. In 2020, Kellogg generated approximately $13.8 billion in net sales from its diverse food brands.

Kellogg Company (NYSE: K) has declared a dividend of $0.58 per share, payable on December 15, 2021. Shareholders must be on record by the close of business on December 1, 2021, with the ex-dividend date set for November 30, 2021. This marks Kellogg's 388th dividend payment since 1925. The company reported net sales of approximately $13.8 billion in 2020, primarily from snacks and convenience foods.

Kellogg Company has addressed the ongoing labor contract negotiations with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union concerning four U.S. Ready to Eat Cereal plants. The company expressed concern over the union's decision to strike without a member vote on their latest offer dated October 1. Kellogg emphasized that their proposals maintain industry-leading pay and benefits and include significant wage increases. The company seeks to return to negotiations promptly, ensuring employees can resume work without job relocation threats.

Kellogg Company (NYSE: K) will release its third quarter financial results on November 4, 2021, at 8:00 am EDT. A public webcast will follow at 9:30 am EDT, featuring CEO Steve Cahillane and CFO Amit Banati discussing the results, with a Q&A session for analysts. The webcast and supporting documents will be accessible on Kellogg's investor website, with a podcast available for download the next day. The company aims to create Better Days for 3 billion people by 2030, focusing on ending hunger and fulfilling its vision of a just world.

Kellogg Company announces the return of the Cheez-It x Usual Wines 'So Extra' Toasty Experience, celebrating its 100th anniversary. This year’s bundle features a unique Cheez-Itennial Cracker Coupe glass and an Extra Toasty Flavor Flight with three new flavors: Extra Cheesy, Extra Spicy, and Cheddar Jack. Starting September 24 at 12PM ET, this limited-edition pairing includes a 20% discount on Usual Wines’ Brut. Previous editions sold out rapidly, hinting at strong demand.