Kellanova Stock Price, News & Analysis

Kellogg Company (NYSE: K) will host a live webcast of its presentation at the Barclays 2020 Global Consumer Staples Conference on September 9, 2020, at 9:20 am EDT. Key executives speaking include Steve Cahillane (CEO), Amit Banati (CFO), and Monica McGurk (Chief Growth Officer). The presentation slides will be available starting at 8:30 am EDT on the same day. A live audio webcast with slides can be accessed at approximately 9:00 am EDT, and a replay will be available after 5:00 pm EDT for six months.

Kellogg's has launched a new limited-edition cereal called Kellogg's Minecraft Creeper Crunch Cereal, inspired by the popular video game Minecraft. The cereal features cinnamon-flavored bites and green "Creeper Bit" marshmallows, representing Minecraft’s iconic pixelated blocks. Each box includes a unique code to unlock in-game clothing items, enhancing the gaming experience for players. The cereal is priced at $3.99 for an 8-ounce box and $5.69 for a 12.7-ounce box, available in stores nationwide.

BATTLE CREEK, Mich., Aug. 3, 2020 /PRNewswire/ -- Kellogg Company introduces Special K Caramel Latte Pastry Crisps, offering a guilt-free treat with 100 calories per serving. These new pastry crisps combine the flavors of caramel and espresso, providing as much caffeine as half a cup of coffee. Launched for National Coffee Month, they retail for $3.49 per two-pastry pack and are available nationwide. The launch aims to cater to consumers seeking convenient, coffee-inspired snacks.

Kellogg Company (NYSE: K) released its second-quarter earnings results on July 30, 2020, available on their investor website. The financial press release includes GAAP reconciliations and presentation slides. The company will conduct a public conference call with CEO Steve Cahillane and CFO Amit Banati to review the results, followed by a Q&A session with analysts. The webcast will take place at 9:30 am EDT on the same day. Kellogg, with a focus on delivering beloved brands, aims to enrich lives through its food offerings and global initiatives.

Kellogg Company (NYSE: K) reported its second quarter 2020 results, revealing a 0.1% increase in reported net sales at $3.465 billion, while organic net sales rose by 9.2%. The company's operating profit surged 27.3% to $506 million, driven by elevated at-home demand during the COVID-19 pandemic. Kellogg raised its full-year guidance, projecting organic net sales growth of approximately 5%. Cash flow is expected to reach around $1 billion, reflecting increased financial flexibility amid operational challenges. The company continues investing in safety protocols and community support amidst the ongoing crisis.

Kellogg Company (NYSE: K) announced a dividend of $0.57 per share, payable on September 15, 2020, to shareholders on record as of September 1, 2020. The ex-dividend date is August 31, 2020. This marks the 383rd dividend paid since 1925, showcasing the company's ongoing commitment to returning value to shareholders.

In 2019, Kellogg reported net sales of approximately $13.6 billion, mainly from snacks and convenience foods.

Kellogg Company (NYSE: K) has announced initiatives to combat summer hunger amid the COVID-19 pandemic, affecting an estimated 18 million children in the U.S. The company has committed $70,000 to the United Way for summer meal programs and partnered with Hy-Vee to donate up to $100,000 to local food banks through its 'End Summer Hunger' campaign. Additionally, Kellogg contributed $850,000 to school breakfast programs earlier this year. These efforts are part of Kellogg's Better Days initiative, aiming to eliminate food insecurity as part of its global commitment to support 3 billion people by 2030.