Kellanova Stock Price, News & Analysis

Kellogg Company (NYSE: K) has been recognized by Ethisphere as one of the World's Most Ethical Companies for 2021, marking its 13th inclusion since 2007. Among 135 honorees across 22 countries and 47 industries, Kellogg is one of only seven in the Food, Beverage and Agriculture category. The recognition underscores Kellogg's commitment to ethical practices and corporate integrity, particularly during challenging times. With net sales of approximately $13.8 billion in 2020, Kellogg continues to promote its ethical values and community impact.

Incogmeato by MorningStar Farms introduces a new plant-based alternative for meat-lovers during Lent. The product mimics the taste and texture of meat, offering various options such as burger patties and chik'n nuggets. To encourage consumers to try the product, Incogmeato is hosting a nationwide giveaway of free samples from February 19 through March 5. This initiative allows customers to substitute meat while still enjoying their favorite meals. The products are available at retailers including Walmart and Albertsons.

Kellogg Company (NYSE: K) announced its 2020 fourth quarter earnings, available on its investor site. The report includes GAAP reconciliations and financial highlights. The company will host a live webcast presentation led by CEO Steve Cahillane and CFO Amit Banati, reviewing the financial results on February 11, 2021, from 9:30 AM to 10:30 AM EST. In 2020, Kellogg's net sales reached approximately $13.8 billion, focusing on snacks and convenience foods.

Kellogg Company (NYSE: K) has declared a $0.57 per share dividend for the first quarter, payable on March 15, 2021, to shareholders of record by March 2, 2021. The ex-dividend date is March 1, 2021. This marks the 385th dividend paid since 1925. Additionally, Kellogg plans to increase the dividend to $0.58 per share starting in the second quarter of 2021. For 2020, Kellogg reported net sales of approximately $13.8 billion, focusing on snacks and convenience foods.

Kellogg Company (NYSE: K) announced a collaboration with Future Food-Tech to launch an Innovation Challenge focused on plant-based ideas supporting digestive wellness. The competition invites startups to pitch microbiome-based solutions, with a submission deadline of February 5, 2021. Finalists will present their ideas at a virtual event on March 11-12, 2021. D'Anne Hayman, Kellogg's VP of Global Innovation, and Simon Burton from eighteen94 Capital will judge the entries. This initiative aligns with Kellogg's commitment to wellness and its goal of positively impacting 3 billion lives by 2030.

Kellogg's Pringles brand is set to showcase its fourth Big Game advertisement titled "Space Return" on January 28, 2021. The ad promotes Flavor Stacking, humorously demonstrating the distractions it creates. Following a successful 2020 with a new brand look and the introduction of the Scorchin' line, the marketing campaign aims to engage viewers during the game, especially as many will be watching from home. The 30-second spot will air during the first quarter and will be complemented by a comprehensive marketing strategy.

Kellogg's has launched its new Special K Keto-Friendly Snack Bars in two flavors: Chocolate Almond Fudge and Peanut Butter Fudge. These bars contain only 1g of sugar, 2g of net carbs, and 7g of protein, making them an appealing option for health-conscious snackers. To promote these bars, Kellogg's is running a giveaway from January 27 to February 3 in select cities, offering free deliveries. The bars will retail at $6.99 for a five-count box, available nationwide starting this January.