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Fri, 03 May 2024 15:31:58 +0000	Kellogg Company (NYSE:K) Q1 2024 Earnings Call Transcript Kellogg Company (NYSE:K) Q1 2024 Earnings Call Transcript May 2, 2024 Kellogg Company misses on earnings expectations. Reported EPS is $0.776 EPS, expectations were $0.85. Kellogg Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. Welcome to Kellanova’s […]
Fri, 03 May 2024 11:32:01 +0000	Kellanova First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags Kellanova ( NYSE:K ) First Quarter 2024 Results Key Financial Results Revenue: US$3.20b (down 21% from 1Q 2023). Net...
Fri, 03 May 2024 04:26:10 +0000	Q1 2024 Kellanova Earnings Call (Tentative) Q1 2024 Kellanova Earnings Call (Tentative)
Thu, 02 May 2024 19:12:19 +0000	Why Are Kellanova (K) Shares Soaring Today Shares of packaged foods company Kellanova (NYSE:K) jumped 8.2% in the morning session after the company reported first-quarter results, which blew past analysts' organic revenue growth expectations. Its EPS also outperformed Wall Street's estimates. The topline endured headwinds driven by FX volatility as well as the divestiture of its business in Russia. On the other hand, its gross margin missed analysts' expectations, and its operating margin missed Wall Street's estimates. Zooming out, we t
Thu, 02 May 2024 16:47:24 +0000	Dismantling misconceptions about shrinkflation: Kellanova CEO Shrinkflation, or the process by which items shrink in size or quantity while prices increase or remain the same, has put pressure on the consumer. This phenomenon can be seen across many aisles in the grocery store, but Kellanova (K) claims it is downsizing its portfolio of food brands less than it was five years ago. Yahoo Finance Executive Editor Brian Sozzi is joined by Kellanova Chairman, CEO, and President Steve Cahillane for Wealth! to give insight into the company's performance and the consumer, helping dismantle misconceptions about shrinkflation. Cahillane shares an example of the company's efforts to consider the customer and inflation when downsizing products: "If you think about from a consumer standpoint, if the magic price point for a consumer for a snack is, say, $1 and it used to cost $0.70 to make that product, but now it costs us $0.90 to make the product, clearly you can't continue to sell it for $1, so you're left with a choice. Do you raise to $1.20? Or do you make the pack size smaller so you can continue to sell it for a dollar but make only 10% on it? I think that's sometimes lost in this conversation about shrinkflation and if big food is out to rip off consumers. No, not really, not at all. It's about making sure you can meet the consumer where they want." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Thu, 02 May 2024 15:09:00 +0000	Kellanova (K) Stock Up on Former Kellogg's Q1 Earnings Beat Kellanova's (K) first-quarter 2024 earnings increase on the back of higher operating profits. However, net sales decline year over year.
Thu, 02 May 2024 12:59:06 +0000	Pop-Tarts maker Kellanova tops estimates on steady demand, higher prices (Reuters) -Pop-Tarts maker Kellanova on Thursday beat Wall Street estimates for first-quarter sales and profit on higher prices and firm demand for its breakfast cereals and ready-to-eat snacks, sending its shares up about 9% in early trading. Kellanova's diverse portfolio, which includes Grahams Crackers, Nutri-Grain breakfast bars and frozen food like Morningstar Farms, and premium pricing have helped mitigate the impact of some consumers shifting to lower-priced alternatives.
Thu, 02 May 2024 12:18:00 +0000	Kellanova's (NYSE:K) Q1 Sales Beat Estimates Packaged foods company Kellanova (NYSE:K) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue down 4.2% year on year to $3.2 billion. It made a non-GAAP profit of $1.01 per share, improving from its profit of $0.78 per share in the same quarter last year.
Thu, 02 May 2024 12:00:00 +0000	Kellanova Reports 2024 First Quarter Results Kellanova (NYSE: K) today published its 2024 first quarter earnings results in documents posted to the company website at https://investor.kellanova.com/financials/quarterly-results/default.aspx. Documents immediately available include: the financial press release and tables, GAAP reconciliations, and presentation slides.
Wed, 01 May 2024 20:57:48 +0000	Apple, Novo Nordisk earnings, jobless claims: What to watch A number of companies release their quarterly earning reports on Thursday, including Apple (AAPL), Novo Nordisk (NVO), Shell (SHEL), ConocoPhillips (COP), Cigna (CI), Coinbase (COIN), Moderna (MRNA), DraftKings (DKNG), Kellanova (K), United States Steel (X), and more. On the economic front, jobless claims for the week ending on April 27 will be released. Economists expect claims to rise to 212,000 from 207,000 the prior week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Wed, 01 May 2024 07:14:02 +0000	Kellanova (K) Q1 Earnings Report Preview: What To Look For Packaged foods company Kellanova (NYSE:K) will be announcing earnings results tomorrow before market open. Here's what to expect.
Mon, 29 Apr 2024 13:00:00 +0000	NOT BROUGHT TO YOU BY POP-TARTS®: POP-TARTS REACTS TO JERRY SEINFELD'S 'UNFROSTED' FILM, STREAMING ON NETFLIX MAY 3 All movies are better with Pop-Tarts®, especially when the movie is about the Crazy Good snack itself. Pop-Tarts are the subject of Jerry Seinfeld's highly anticipated Netflix film, UNFROSTED, a fictional comedy about the Pop-Tarts' origin story, which was created without the involvement of the brand.
Fri, 26 Apr 2024 15:30:00 +0000	Kellanova Declares Regular Dividend of $0.56 per Share for Second Quarter and Announces Plans for Dividend Increase in Third Quarter Kellanova (NYSE: K) today announced that its Board of Directors declared a dividend of $0.56 per share on the common stock of Kellanova, payable on June 14, 2024, to shareowners of record at the close of business on June 3, 2024. The ex-dividend date is June 3, 2024. This is the 398th dividend that Kellanova has paid to owners of common stock since 1925.
Fri, 26 Apr 2024 13:43:58 +0000	25 Most Vegetarian Friendly Countries in the World In this article, we discuss the 25 most vegetarian friendly countries in the World. If you want to skip our discussion of the plant-based food industry as well as some of the major players, you can go directly to 5 Most Vegetarian Friendly Countries in the World. Today, more people are embracing plant-based lifestyles. People […]
Thu, 25 Apr 2024 14:02:08 +0000	Earnings Preview: Kellanova (K) Q1 Earnings Expected to Decline Kellanova (K) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sat, 20 Apr 2024 12:36:23 +0000	Most Shareholders Will Probably Agree With Kellanova's (NYSE:K) CEO Compensation Key Insights Kellanova's Annual General Meeting to take place on 26th of April Total pay for CEO Steve Cahillane...
Fri, 19 Apr 2024 19:35:00 +0000	Kellanova and Shaw's join No Kid Hungry to help end summer hunger for kids and families in Maine All kids deserve a great summer, but for thousands of kids in Maine who face food insecurity, summer can be the hungriest time of year. That's why Kellanova is teaming up with Shaw's Supermarkets to donate $50,000 to No Kid Hungry to create #BetterDays for kids in Maine and make summer a time for them to grow, learn and thrive.
Tue, 16 Apr 2024 11:55:00 +0000	Left no crumbs? Nearly half of America's late-night snackers do it in bed, according to survey Kellanova (formerly Kellogg Company) today announced the release of its 2024 Late-Night Snacking survey, which has shown that bedtime isn't just for sleep in America. In a survey of more than 1,000 U.S. adults conducted to better understand Americans' late-night snacking preferences, nearly 44% of the people who snack late at night do so while in bed – with 58% of adults ages 18-24 noting this is their location of choice for late-night snacks. The survey also found that late night nibblers favor
Mon, 15 Apr 2024 12:00:00 +0000	RICE KRISPIES TREATS® FANS REJOICE! OUR #1 MOST REQUESTED FLAVOR HAS ARRIVED: CHOCOLATEY PEANUT BUTTER You asked. We listened. Our #1 most requested flavor* is hitting shelves this spring to give fans a whole new way to enjoy this Sticking Delicious snack: Rice Krispies Treats® Chocolatey Peanut Butter.
Thu, 11 Apr 2024 18:46:12 +0000	3 Severely Undervalued Packaged-Food Stocks Due to Pop Soon With stocks running into a bit of a speed bump this week, with the S&P 500 falling below the 5,200 mark again, some tech-heavy investors may wonder if now’s a good time to play some defense. Just because the broader markets are feeling weighed down doesn’t mean there aren’t individual stocks that can shrug off the volatility and find the means to move higher. The consumer-packaged foods scene holds some overlooked and potentially undervalued stocks that may have what it takes to fare better as r