Have you assessed how the international operations of Kellanova (K) performed in the quarter ended March 2024? For this the maker of Pringles and other snacks, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors no ...

Slide 14 walks you through the major components of our year-on-year net sales growth. As you can see, our 5% organic growth was primarily driven by price mix, which itself was led by revenue growth management actions taken over the past 12 months to cover what had been rising input cost inflation as well as pricing actions taken more recently in Nigeria to cover currency devaluation. As expected, our overall price/mix growth decelerated sequentially again in quarter 1, and it should continue to do so as the ...

Kellanova (K) delivered first-quarter 2024 results for the company that formerly operated as Kellogg Company. The company’s top and the bottom line surpassed the Zacks Consensus Estimate in the quarter. The company’s quarterly earnings increased year over year while net sales fell from the year-ago quarter’s level.Despite industry-wide volume softness and currency headwinds, the company managed to achieve organic net sales growth toward the upper end of its long-term target range. Management is on track wit ...

For the quarter ended March 2024, Kellanova (K) reported revenue of $3.2 billion, down 21.1% over the same period last year. EPS came in at $1.01, compared to $1.10 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.17 billion, representing a surprise of +1.02%. The company delivered an EPS surprise of +18.82%, with the consensus EPS estimate being $0.85.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Kellanova (K) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.82%. A quarter ago, it was expected that this the maker of Pringles and other snacks would post earnings of $0.74 per share when it actually produced earnings of $0.78, delivering a surprise of 5.41%.Over the last four q ...

Media Contact: Kris Bahner, (269) 961-3799 Kellanova Reports Strong First Quarter Results, Reaffirms Full-Year Outlook Chicago, Ill. - May 2, 2024 — Kellanova (NYSE: K) today announced results for its first quarter of 2024, and reaffirmed its full-year outlook. Exhibit 99.1 Kellanova Financial News Release Analyst Contact: John Renwick, CFA (269) 961-9050 Highlights: "We delivered another strong financial performance in the first quarter, marked by improving profit margins and tangible signs that this year' ...

As Kellanova (K) prepares to announce its first-quarter 2024 results on May 2 before market open, investors face a pivotal moment, evaluating the company's trajectory amid a challenging operational landscape. With quarterly projections indicating a year-over-year decline in both revenue and bottom-line figures, it might be prudent for investors to approach Kellanova with caution before the impending release.Analysts' expectations for Kellanova’s upcoming release paint a rather dull picture. The Zacks Consen ...

As part of an unconventional partnership, Pop-Tarts® teams up with filmmakers to release a comedic Digital Short written by and starring Jerry Seinfeld, plus limited-edition "Trat-Pops" boxes inspired by the film and multiple in-store and online activations across the country.CHICAGO, April 29, 2024 /PRNewswire/ -- 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 ...

CHICAGO, April 26, 2024 /PRNewswire/ -- 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. In addition, the Kellanova Board of Directors announced plans to increase the quarterly dividend to $0.57 per sha ...

$50,000 joint donation to No Kid Hungry will help kids access meals over the summer CHICAGO, April 19, 2024 /PRNewswire/ -- 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. When the last bell rings at the end of the school year, mi ...