Kellanova Stock Price, News & Analysis

On January 26, 2021, Kellogg Company launched a campaign to support parents during chaotic mornings, introducing the tagline 'L'Eggo With Eggo.' The initiative includes a year-long giveaway of one million Eggo waffles, encouraging parents to share their experiences using #helpmeleggo. Celebrity parents such as Melissa Joan Hart and Shawn Johnson East will also participate by sharing personalized videos. This campaign aims to transform morning stress into manageable moments of joy, reinforcing Eggo's position as a trusted breakfast staple.

Kellogg Company (NYSE: K) has announced it will release its 2020 fourth quarter financial results on February 11, 2021, at 8:00 am EDT. The results will be accessible via the company’s website, along with financial tables and presentation slides. A public webcast will follow at 9:30 am EDT, featuring commentary from Kellogg's CEO Steve Cahillane and CFO Amit Banati, with a Q&A session for analysts. A transcript will be posted within 24 hours. The webcast will be available for rebroadcast for 90 days.

Kellogg Company announced a new addition to its Raisin Bran line – Kellogg's Raisin Bran® Toasted Oats and Honey. This cereal features hearty bran flakes, juicy raisins, crispy whole-grain toasted oats, and a hint of real honey. Priced at $2.99 for 15.6 ounces and $3.99 for 22.1 ounces, the product is now available at retailers nationwide. The new cereal maintains its heart-healthy benefits and is a good source of fiber, which supports digestive health. Kellogg's aims to innovate for its loyal customers, fostering brand loyalty through new flavor combinations.

Dunkin' is expanding its menu with the new Southwest Veggie Power Breakfast Sandwich, featuring a MorningStar Farms Black Bean Patty. Launched on January 4, 2021, the sandwich is a plant-based option with 410 calories, 26 grams of protein, and 23 grams of whole grains. Dunkin' is offering DD Perks members 2X points on this sandwich and other plant-based items through January 26, 2021. This move aligns with the growing trend of plant-based diets, reflecting Dunkin's commitment to accessibility and variety in their offerings.

Kellogg and Walgreens have made a $25,000 donation to the United Way of Greater Philadelphia and Southern New Jersey to combat food insecurity. This donation supports trauma-informed care for individuals facing food challenges, addressing the stigma associated with food assistance. The partnership aims to create workshops that directly assist vulnerable populations. This initiative highlights Kellogg's commitment to community support and collaboration, continuing a longstanding partnership with United Way that has lasted over 90 years.

Kellogg Company has launched the Little Debbie Oatmeal Creme Pies Cereal to celebrate the 60th anniversary of the iconic snack. This new cereal features crispy oatmeal cookie-flavored pieces with a sweet, creme-y coating, designed to replicate the taste of the beloved Little Debbie treat. The cereal is available nationwide at a suggested retail price of $3.99 for a 9.1-ounce box and $5.69 for a 14.5-ounce box. The product aims to offer families a new way to enjoy their favorite childhood snack during breakfast.

Kellogg marked World Food Day with a successful virtual fundraising campaign, raising nearly $45,000 for United Way hunger programs. The event, driven by Kellogg's eight Business Employee Resource Groups (B/ERGs), showcased the company's commitment to diversity and inclusion. Notably, the African American Resource Group (KAARG) led the initiative, resulting in an additional $5,000 donation to Martha's Table for their efforts. Given the heightened food insecurity due to the pandemic, this fundraising effort underscores the importance of community support during challenging times.

Kellogg's® SMORZ™ Cereal is making a comeback after a two-year hiatus, following a popular petition from fans on Change.org. The cereal features crunchy graham squares coated in chocolate, combined with marshmallows, bringing nostalgia to breakfast lovers. Priced at $3.99 for a 9.8-ounce box and $5.96 for a 15.6-ounce box, SMORZ is now available in stores and online. Senior marketing director Erin Storm emphasized the passionate fanbase that influenced this decision. The product aims to deliver joy to long-time fans and new consumers alike.

Kellogg's manufacturing team in South Africa has initiated a community support project, distributing 400 food hampers to families in need. Each hamper included items such as Corn Flakes, Noodles, and a branded face mask. This initiative, part of Kellogg's commitment to create Better Days for 3 billion people by 2030, exemplifies the company's social responsibility amidst the COVID-19 pandemic. The hampers were shared via social media under the hashtag #MyBetterDays, showcasing employee involvement and community engagement to address food insecurity in the region.