Kellanova Stock Price, News & Analysis

Cheez-It is transforming the 2024 Cheez-It Citrus Bowl into a platform for fulfilling fans' wildest college football fantasies ('Fantaseez'). From December 2-15, fans can submit their absurd game day dreams at cheezit.com/footballfantaseez for a chance to make them reality. Featured experiences include an on-field wedding officiated by mascot Ched-Z and broadcasting from the world's largest bowl of Cheez-It crackers. The brand appointed reality TV star Kordell Beckham as its first 'Chief Fantaseez Officer' to help bring these experiences to life. The bowl game kicks off December 31 at 3 p.m. ET on ABC.

Pop-Tarts® is enhancing its Bowl game experience by introducing three edible mascots for the 2024 event, following last year's viral success. The new mascots include Frosted Wild Berry, Frosted Hot Fudge Sundae, and a mystery flavor from the vault. The game's MVP will choose which mascot gets eaten by the winning team at the December 28 event. To commemorate the previous Bowl, -edition Printed Fun Mascot Packs are available nationwide in Frosted Strawberry and Frosted Apple Turnover flavors. The 2023 Pop-Tarts Bowl campaign received multiple awards including the Cannes Lions Grand Prix.

Cheez-It has increased its donation to the College Football Playoff Foundation's Extra Yard for Teachers initiative to $300,000, up $50,000 from last year. This partnership, part of Kellanova's Better Days Promise, aims to support educators nationwide. In 2023, the previous $250,000 donation funded 444 projects for 343 teachers at 175 schools, focusing on underfunded schools in Illinois and Michigan where at least 50% of students qualify for free or reduced-price lunches. The initiative includes funding classroom projects through DonorsChoose and engaging college football student-athletes to honor educators.

Kellanova shares expert advice on holiday cracker pairings through Chef Becca Kapela's recommendations. The guide details various combinations of crackers with cheeses and meats, from basic to elevated pairings. Notable suggestions include pairing Toasteds® Savory Onion with crème fraîche and smoked trout, Town House® Flipsides with parmesan and apple cider jelly, and Club® Sweet Hawaiian crackers with cheddar, pork belly, and sage honey. The guide emphasizes balancing flavors and textures to create optimal taste combinations for holiday gatherings.

Cheez-It launches its first-ever Cheez Wheelz food truck at college football tailgates, leading up to the Cheez-It Citrus Bowl. The truck will visit two locations: Happy Valley, PA on November 2, and Athens, GA on November 16, 2024. The menu features Cheez-It-infused tailgate classics including specialty smashburgers, a chili mac & cheese hot dog, and cheezy pickle dip. The brand reports 280% year-over-year growth and holds over 29% market share in college and university cracker markets.

Kellanova (NYSE: K) has released its 2024 third quarter earnings results. The detailed financial documents are accessible on the company's website. Additionally, a Current Report on Form 8-K has been filed with the U.S. Securities and Exchange Commission and can be viewed on the SEC's website.

Kellanova (NYSE: K) has announced a quarterly dividend of $0.57 per share, payable on December 13, 2024, to shareholders of record as of December 2, 2024. This marks the company's 400th dividend payment since 1925, maintaining its long-standing tradition of shareholder returns. The ex-dividend date is set for December 2, 2024.

Club® Crackers introduces Club® Sweet Hawaiian, a new flavor expanding the popular Hawaiian roll taste into the cracker category. This light, flaky, and buttery cracker offers a hint of sweetness, perfect for various toppings and recipes. Additionally, the brand is launching -edition Cinnamon Sugar Club® Minis for the holiday season.

Club® Sweet Hawaiian will be available at select retailers starting October 2024, with a full nationwide rollout in 2025. Cinnamon Sugar Club® Minis will be available for a time at retailers nationwide beginning October 2024. The brand celebrated these new flavors with an exclusive preview at the Book CLUB® House, an immersive fall book club getaway experience.

On World Food Day, Kellanova and The Global FoodBanking Network (GFN) highlight their partnership to combat child hunger globally. GFN, with 39 food banks in 33 countries, implements various child hunger programs supported by Kellanova. These include school meals, summer food programs, and nutrition education. In South Africa, Food Forward SA's Mother & Child Nutrition Program, backed by Kellanova, provides 250-500 monthly food parcels to pregnant and nursing women, addressing the 27% stunting rate in children under 5.

Kellanova has invested $5.8 million since 2006 in GFN member food banks worldwide. This partnership aligns with Kellanova's Better Days Promise to feed 400 million people facing hunger by 2030. The collaboration spans multiple countries, including Brazil, Colombia, Ecuador, Guatemala, Mexico, Singapore, Taiwan, and Thailand, aiming to ensure better nutrition and development for children globally.