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Kellanova Recognized on Fortune's 2025 World's Most Admired Companies List
Prnewswire· 2025-01-30 20:34
Core Insights - Kellanova has been recognized as No. 6 in the consumer food products industry on Fortune Magazine's 2025 World's Most Admired Companies list, improving from seventh place in 2024 [1] - This recognition highlights Kellanova's commitment to excellence, innovation, and social responsibility, aligning with the values shared by other industry leaders [1][2] - The annual list evaluates 650 high-revenue companies based on nine key attributes of reputation, showcasing Kellanova's outstanding performance in these areas [2] Company Performance - Kellanova's inclusion in the list reflects the hard work and dedication of its global team, emphasizing the company's focus on delivering exceptional products and making a positive impact [3] - The recognition serves as motivation for Kellanova to continue innovating and investing in its workforce while leading with purpose [3] Industry Context - The World's Most Admired Companies list is a benchmark of corporate reputation and leadership across 51 industries and 30 countries, indicating Kellanova's competitive standing in the consumer food products sector [2] - Kellanova joins an elite group of industry leaders, including Nestle, PepsiCo, and General Mills, which collectively aim to shape the future of food [1]
Kellanova (K) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-30 16:07
Kellanova (K) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 6. On ...
Will Kellanova (K) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-28 18:16
Core Insights - Kellanova is positioned well to continue its trend of beating earnings estimates, particularly in the upcoming quarterly report [1][6] Earnings Performance - Kellanova has a strong track record of exceeding earnings estimates, with an average surprise of 9.64% over the last two quarters [2] - In the most recent quarter, Kellanova reported earnings of $0.91 per share, surpassing the expected $0.85 by 7.06% [2] - For the previous quarter, the company reported $1.01 per share against an estimate of $0.90, resulting in a surprise of 12.22% [2] Earnings Estimates and Predictions - Estimates for Kellanova have been trending upward, influenced by its history of earnings surprises [3] - The stock has a positive Zacks Earnings ESP of +0.66%, indicating recent bullish sentiment among analysts regarding its earnings prospects [6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [6] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better achieve a positive surprise nearly 70% of the time [4] - This means that out of 10 stocks with this combination, approximately seven could beat the consensus estimate [4] Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5] - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [7] - It is crucial for investors to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [8]
Kellanova (K) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-01-27 15:15
Stock Performance - Kellanova shares have risen by 0.9% over the past month and hit a new 52-week high of $81.91 in the previous session [1] - The stock has gained 1.1% since the start of the year, underperforming the Zacks Consumer Discretionary sector (14.2%) and the Zacks Consumer Products - Discretionary industry (18.8%) [1] Earnings and Revenue - Kellanova has a strong record of positive earnings surprises, not missing consensus estimates in the last four quarters [2] - In its last earnings report on October 31, 2024, Kellanova reported EPS of $0.91, beating the consensus estimate of $0.85 [2] - For the current fiscal year, Kellanova is expected to post earnings of $3.93 per share on $12.74 billion in revenues [3] - For the next fiscal year, the company is expected to earn $4.03 per share on $12.92 billion in revenues, representing year-over-year changes of 4.81% and 1.48%, respectively [3] Valuation Metrics - Kellanova trades at 20.8X current fiscal year EPS estimates, a premium to the peer industry average of 13.9X [7] - On a trailing cash flow basis, the stock trades at 18.2X versus its peer group's average of 7X [7] - The stock has a PEG ratio of 2.51, which does not place it in the top echelon of stocks from a value perspective [7] Zacks Style Scores and Rank - Kellanova has a Value Score of B, Growth Score of B, and Momentum Score of C, resulting in a VGM Score of A [6] - The company currently holds a Zacks Rank of 2 (Buy) due to rising earnings estimates [8] - Kellanova meets the recommended criteria of Zacks Rank 1 or 2 and Style Scores of A or B, suggesting potential for further gains [8]
PIZZA LOVERS, REJOICE! CHEEZ-IT® FIRES UP NEW PIZZA-INSPIRED FLAVORS
Prnewswire· 2025-01-14 13:00
The brand's bold expansion of pizza-inspired crackers delivers a slice of innovation with two new varieties, bringing authentic Italian-inspired flavors to its cheesy, crunchy snack lineupCHICAGO, Jan. 14, 2025 /PRNewswire/ -- Order up! Cheez-It® is bringing the pizzeria right to your pantry with the introduction of two new pizza-inspired flavors: Cheez-It Snap'd Extra Crunchy Margherita Pizza and Cheez-It Duoz Pesto + Mozzarella. Designed for both flavor chasers and pizza enthusiasts, these crave-worthy cr ...
Here's Why Kellanova (K) is a Strong Value Stock
ZACKS· 2025-01-13 15:46
Company Overview - Kellogg Company, headquartered in Battle Creek, MI, manufactures and markets ready-to-eat cereals and convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, veggie foods, and savory snacks [12] - The company has a balanced portfolio of cereal and snack products [12] Investment Ratings - Kellogg Company is rated 2 (Buy) on the Zacks Rank, indicating a positive outlook [12] - The company has a VGM Score of A, suggesting strong overall performance across value, growth, and momentum metrics [12][13] Value Metrics - Kellogg Company has a Value Style Score of B, supported by attractive valuation metrics such as a forward P/E ratio of 20.74, which may appeal to value investors [13] - An analyst has revised their earnings estimate upwards for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.01 to $3.75 per share [13] Earnings Performance - Kellogg Company boasts an average earnings surprise of 10.9%, indicating a history of exceeding earnings expectations [13]
Kellanova (K) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-01-08 15:15
Stock Performance - Kellanova's stock has risen by 0.8% over the past month and hit a new 52-week high of $81.39 [1] - The stock has gained 0.5% since the start of the year, underperforming the Zacks Consumer Discretionary sector (10.7%) and the Zacks Consumer Products - Discretionary industry (11.2%) [1] Earnings and Revenue - Kellanova has consistently beaten earnings estimates, with no misses in the last four quarters [2] - In the last earnings report, the company reported EPS of $0.91, surpassing the consensus estimate of $0.85 [2] - For the current fiscal year, Kellanova is expected to post earnings of $3.93 per share on $12.74 billion in revenues [3] - For the next fiscal year, earnings are expected to grow by 4.81% to $4.03 per share, with revenues increasing by 1.91% to $12.98 billion [3] Valuation Metrics - Kellanova trades at 20.7X current fiscal year EPS estimates, a premium to the peer industry average of 13.7X [7] - On a trailing cash flow basis, the stock trades at 18.1X versus the peer group's average of 8.2X [7] - The stock has a PEG ratio of 2.49, indicating it may not be in the top tier from a value perspective [7] Zacks Style Scores and Rank - Kellanova has a Value Score of B, Growth Score of B, and Momentum Score of B, resulting in a VGM Score of A [6] - The stock holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [8] Industry Comparison - Funko, Inc. (FNKO) is a strong industry peer with a Zacks Rank of 1 (Strong Buy) and similar style scores (Value: B, Growth: B, Momentum: B) [9] - Funko, Inc. beat earnings estimates by 250% last quarter and is expected to post earnings of $0.38 per share on $1.04 billion in revenue for the current fiscal year [10] - Funko's stock has gained 20.4% over the past month and trades at a forward P/E of 36.74X and a P/CF of 267.61X [10] - Despite the Consumer Products - Discretionary industry ranking in the bottom 87% of all industries, both Kellanova and Funko show strong fundamentals and potential for growth [11]
Snacking in a Winter Wonderland: Kellanova's Holiday Specials
Prnewswire· 2024-12-20 13:00
Cheerful Treats for Every Holiday MomentCHICAGO, Dec. 20, 2024 /PRNewswire/ -- The magic of the holidays is here, and Kellanova is delivering seasonal snacks that bring a smile with every bite. Our festive flavors and creative packaging are crafted to celebrate the spirit of the season in the most delicious way possible.Pop-Tarts®: Sweet Treats to Toast the SeasonUnwrap the magic of the holidays with Frosted Marshmallow Hot Cocoa Pop-Tarts, a toasty, chocolatey delight perfect for chilly winter mornings. Ea ...
Pop-Tarts Bowl, GE Appliances Unveil First-Of-Its-Kind Trophy with Built-In, Working Toaster
Prnewswire· 2024-12-16 13:00
The concept builds on enthusiastic fan and media feedback from last year's Pop-Tarts Bowl, which saw the brand make headlines around the world for its creative and unconventional in-game activations, including the first-ever edible mascot. This new addition for 2024 transforms the trophy from a beloved victory keepsake into an interactive celebration of flavor, nostalgia and football prowess. "Our fans have made it clear: The Pop-Tarts Bowl isn't just another game, it's an experience," Pop-Tarts Bowl CEO St ...
Fan-Favorite 'Frosted Cinnamon Roll' Unwrapped as Pop-Tarts® Bowl Third Edible Mascot, Returning to Shelves Nationwide
Prnewswire· 2024-12-04 14:00
Plus, Fans Can Enter for a Chance to Win a Memorialized Piece of the Winning Edible MascotCHICAGO, Dec. 4, 2024 /PRNewswire/ -- After weeks of speculation, Pop-Tarts® has unmasked fan-favorite Frosted Cinnamon Roll as the mystery third flavor making its triumphant return at this year's Pop-Tarts Bowl. Appearing as an Edible Mascot alongside Frosted Hot Fudge Sundae and Frosted Wild Berry, Frosted Cinnamon Roll will compete to achieve the ultimate pastry dream of being eaten by the winning team. Pop-Tart ...