Welcome to our dedicated page for Kellanova news (Ticker: K), a resource for investors and traders seeking the latest updates and insights on Kellanova stock.
The Kellanova (K) news feed on Stock Titan aggregates company announcements, brand updates, and regulatory disclosures that trace the evolution of this snacks-led food business and its transition into private ownership. Kellanova describes itself as a leader in global snacking, international cereal and noodles, and North America frozen foods, with a portfolio that includes Pringles, Cheez-It, Pop-Tarts, Kellogg’s Rice Krispies Treats, RXBAR, Eggo, MorningStar Farms, Special K, Coco Pops, and related brands.
News items highlight a wide range of activity. Brand and marketing stories cover Pop-Tarts’ title sponsorship of the Pop-Tarts Bowl, including the use of "Edible Mascots" and social-first experiences, seasonal product assortments across snacks and cereals, and collaborations such as The Original Donut Shop Pop-Tarts Brown Sugar Cinnamon-flavored K-Cup pod. Product innovation coverage includes RXBAR expanding beyond bars into Protein Energy Bites and limited-edition holiday flavors and packaging for several brands.
Strategic and sustainability-focused releases describe Kellanova’s partnerships and long-term commitments. Examples include a collaboration with Walmart and Indigo Ag to support Arkansas rice farmers through regenerative agriculture and commentary from senior leaders on consumer packaged goods trends, digital transformation, and the use of AI and analytics in marketing and supply chain management.
Regulatory and corporate-structure news, often cross-referenced with SEC filings, documents Mars, Incorporated’s acquisition of Kellanova. These updates include antitrust review milestones, European Commission approval, and statements that, following the merger, Kellanova’s common stock would be delisted from the New York Stock Exchange and cease trading. Investors and researchers can use this news stream to follow both the historical public-company phase of Kellanova and its ongoing brand and sustainability initiatives within a Mars-affiliated structure.
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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.
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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.
Kellogg's has launched its first-ever MASHUPS Cereal, combining the popular Frosted Flakes and Froot Loops. This limited-edition product aims to cater to cereal enthusiasts who enjoy mixing flavors, making breakfast more convenient and enjoyable. As noted by marketing director Erin Storm, nearly half of cereal consumers mix cereals. The new MASHUPS Cereal is priced at $3.99 for a 9.8-ounce box and $5.69 for a 15.6-ounce box, and it is available nationwide.
Kellogg is committed to creating better days for 3 billion people by 2030, as outlined in their annual Corporate Responsibility Report. Amid COVID-19, they have contributed over $13 million for hunger relief and distributed 446 million servings of food. The company exceeded its greenhouse gas emission reduction goal by over 20% and aims to responsibly source ingredients while achieving 76% packaging recyclability. Kellogg's focus on holistic wellbeing incorporates nutritional improvements in their products, enhancing physical and emotional health.