Kellanova Stock Price, News & Analysis

Pringles has launched a new -edition flavor, Minecraft Spicy TNT, to celebrate the 15th anniversary of Minecraft. This collaboration follows the 2023 release of Minecraft's Suspicious Stew flavor. The Spicy TNT flavor features a combination of spicy peppers and cheese, embodying the explosive energy of TNT from the game.

Available nationwide starting in May 2024, this new flavor aims to enhance gaming sessions with bold taste. Additionally, fans who purchase Pringles or other Kellanova products can earn 350 Minecoins and participate in the Build for Better program, which includes a chance to design a real-life playground.

The promotion runs until July 31, 2024, encouraging community engagement and supporting Kellanova's Better Day's Promise for sustainable and equitable access to food.

Cheez-It has announced a multi-year sponsorship with the Indiana Fever, making it the first official snack of the team. This marks Cheez-It's first professional basketball sponsorship. The deal includes branding on practice jerseys, LED signage in the arena, and fan engagement activities, such as the Cheez-It Threez-It Challenge, where fans can win free crackers if the team scores a high number of three-pointers. The partnership begins on May 16, 2024, aligning with the Fever's first home game of the season. Cheez-It aims to enhance the game-day experience for fans, celebrating the talent of the athletes and deepening its roots in sports culture.

Eggo® launches its most protein-packed waffles ever, along with a custom pair of sneakers called Eggo Fully Loaded Kicks in two flavors. The collaboration with The Surgeon and SRGN brings innovative waffle-grid-bottomed sneakers handcrafted in Los Angeles, supporting a great cause. Fans can shop -edition kicks online, with proceeds benefiting No Kid Hungry. Eggo also introduces new waffle flavors and pledges to create better days through sustainable initiatives.

Pringles introduces its first-ever puffed snack, Pringles Mingles, offering a new way to enjoy their iconic crisps in a shareable and delicious format. Available in three mouthwatering flavors, the puffy snacks promise a melt-in-your-mouth experience with a unique bowtie shape inspired by Mr. P's signature look. The lineup includes Cheddar & Sour Cream, Sharp White Cheddar & Ranch, and Dill Pickle & Ranch varieties. These innovative snacks are set to hit shelves in October, offering fans a new snacking adventure.

STAAR Surgical Company reported a 5% increase in net sales to $77.4 million for the first quarter of 2024. The company saw a 9% growth in ICL sales and a 2% increase in units. Gross margin was at 78.9%, and adjusted EBITDA was $5.3 million or $0.11 per share. However, there was a net loss of $3.3 million or $0.07 loss per share compared to net income of $2.7 million or $0.05 income per share in the previous year. STAAR Surgical reiterated its fiscal 2024 net sales outlook range of $335 million to $340 million and expects to be at the higher end of the range. Cash, cash equivalents, and investments available for sale were $252.1 million at the end of March 29, 2024.

Club Crisps collaborates with Mike's Hot Honey to launch a -edition flavor, combining sweet and spicy for a unique snacking experience. Priced at $3.99 per 7.1-ounce bag, the new flavor will be available starting in May. The collaboration aims to tap into the growing 'Swicy' trend and offers a buttery base with the signature sweet-heat combo of 100% pure honey infused with chili peppers.

Nutri-Grain introduces new Power-Fulls protein bites in response to hangry moments, launching a nationwide contest to find a 'Head of Hanger Management' with a $20,000 reward. The selected candidate will collaborate with Nutri-Grain to create social content and brainstorm product innovations.

Kellanova (NYSE: K) released its 2024 first quarter earnings results, featuring detailed financial information available on the company website and SEC filings. The public presentation, led by executive management, will provide further insights into the results.

Pop-Tarts® collaborates with filmmakers to release a comedic Digital Short written by and starring Jerry Seinfeld, alongside -edition 'Trat-Pops' boxes, and various in-store and online activities to celebrate the release of the film 'UNFROSTED' on Netflix. The partnership offers fans a chance to enjoy the movie with a Pop-Tarts® toaster pastry and includes a Digital Short featuring Jerry Seinfeld, -edition 'Trat-Pops' boxes, in-store and online activations, social media content, and surprises throughout the film's press tour. This collaboration marks Pop-Tarts' 60th anniversary and aims to inspire creativity and fandom among its audience.