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Kellanova Earnings Preview: What to Expect
Yahoo Finance· 2025-10-14 13:06
Core Insights - Kellanova, based in Chicago, is valued at $28.8 billion and is known for brands like Pringles and Cheez-It. The company is set to announce its fiscal Q3 earnings for 2025 on October 30 [1] Financial Performance - Analysts predict Kellanova will report a profit of $0.88 per share for fiscal Q3 2025, a decrease of 3.3% from $0.91 per share in the same quarter last year [2] - For fiscal 2025, the expected profit is $3.66 per share, down 5.2% from $3.86 in fiscal 2024, but a rebound to $3.82 is anticipated in fiscal 2026, reflecting a year-over-year growth of 4.4% [3] Stock Performance - Kellanova's shares have increased by 2.9% over the past 52 weeks, underperforming the S&P 500 Index's return of 14.4%, but outperforming the Consumer Staples Select Sector SPDR Fund's decline of 5% [4] - Following the Q2 results released on July 31, Kellanova's shares saw a slight increase, despite overall revenue challenges, with net sales reaching $3.2 billion [5] Analyst Sentiment - Wall Street analysts maintain a cautious stance on Kellanova, with a unanimous "Hold" rating from 14 analysts. The average price target is set at $83.42, indicating a slight potential upside from current levels [6]
BACK BY POPULAR DEMAND, POP-TARTS® FROSTED CHOCOLATE CHIP COOKIE DOUGH RETURNS TO SHELVES AFTER THREE-YEAR HIATUS
Prnewswire· 2025-10-14 13:00
Core Insights - Pop-Tarts is reintroducing the Frosted Chocolate Chip Cookie Dough flavor due to high consumer demand, marking its return to shelves in November [1][6] - The brand is launching a new product line called Pop-Tarts Protein, which includes three flavors and offers 10 grams of protein per serving, catering to the growing consumer interest in protein-rich snacks [2][3] Product Details - The Frosted Chocolate Chip Cookie Dough features a chocolate chip cookie-inspired filling in a flaky crust, topped with chocolate icing, appealing to both nostalgic and new consumers [1][3] - Pop-Tarts Protein will be available in three flavors: Bumpin' Blueberry, Slammin' Strawberry, and Boostin' Brown Sugar Cinnamon, each providing 10 grams of protein per serving [2][7] Market Context - With 61% of snackers actively seeking protein options, the introduction of Pop-Tarts Protein aligns with current consumer trends towards healthier snacking [2] - Kellanova, the parent company of Pop-Tarts, reported net sales of $13 billion for 2024, indicating a strong market presence and commitment to innovation in the snack industry [5]
CHEEZ-IT® OPENS STUDIO CHEEZ, THE ULTIMATE PARTY EXPERIENCE, SATISFYING LATE NIGHT CRAVINGS AND SPINNING CLUB HITS IN NYC
Prnewswire· 2025-10-09 14:00
Core Concept - Cheez-It has launched "Studio Cheez," an immersive nightclub experience in New York City designed to satisfy late-night cravings with Cheez-It-infused cocktails and snacks, enhancing the nightlife experience for fans aged 21 and over [2][3][5]. Group 1: Experience Overview - Studio Cheez is located in New York's East Village and will operate from October 9 to October 11, 2023, from 8 p.m. to 2 a.m., featuring a unique party atmosphere that combines music, dancing, and Cheez-It snacks [5][10]. - The nightclub experience includes a Cheez-It Tap for dispensing crackers, a light-up dance floor, and themed decor, all aimed at creating a fun and engaging environment for attendees [7][8]. Group 2: Menu Highlights - The menu features Cheez-It-infused cocktails such as the Cheez-Tini, Smoked Gouda Old Fashioned, and Hot & Spicy Cheezarita, along with mocktail options [6][5]. - Late-night bar bites include creative dishes like Cheez Dog Tower, Cheezy Pizza Pocket, and CheezMallow Treat, all designed to complement the Cheez-It theme [12]. Group 3: Marketing and Brand Engagement - The launch of Studio Cheez follows the brand's campaign "Cravings Can Happen Anywhere," emphasizing the fun and enjoyment associated with Cheez-It snacks [3][4]. - Exclusive merchandise will be available for fans, including apparel and collectibles, enhancing brand engagement and providing a memorable experience [9].
Ortega Reimagines Taco Night with Cheez-It™ Flavored Taco Shells
Prnewswire· 2025-10-06 13:02
Core Insights - Ortega has launched Cheez-It™ Flavored Taco Shells, combining the cheesy flavor of Cheez-It™ crackers with the crunch of Ortega's Hard Taco Shells, available nationwide starting September 28 [1][2]. Product Overview - The new taco shells are designed to be enjoyable both as a standalone snack and when filled, providing a bold cheesy flavor and signature crunch [2]. - The product aims to enhance the taco night experience, appealing to both taco lovers and snack enthusiasts [2]. Distribution and Availability - Ortega Cheez-It™ Flavored Taco Shells are currently available at Target and select retailers, with plans for expanded distribution to additional grocery stores in the coming months [3]. Company Background - B&G Foods, based in Parsippany, New Jersey, manufactures and distributes a diverse portfolio of over 50 food brands, including Ortega [4]. - Kellanova, a leader in global snacking and frozen foods, has a legacy of over 100 years and reported net sales of approximately $13 billion for 2024 [5].
Kinross to announce Q3 results on November 4, 2025
Globenewswire· 2025-10-02 21:00
Core Points - Kinross Gold Corporation will release its financial statements and operating results for Q3 2025 on November 4, 2025, after market close [1] - A conference call and audio webcast to discuss the results will be held on November 5, 2025, at 8:00 a.m. ET [1] - Kinross is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [2] Company Overview - Kinross focuses on delivering value through responsible mining, operational excellence, disciplined growth, and balance sheet strength [2] - The company is listed on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC) [2] Contact Information - Media contact is Samantha Sheffield, Director of Corporate Communications [3] - Investor relations contact is David Shaver, Senior Vice-President of Investor Relations & Communications [3]
Eggo® Turns Breakfast Upside Down with Limited-Edition Stranger Things Strawberry Waffles
Prnewswire· 2025-09-29 13:00
Core Insights - Eggo is launching a limited-edition product, the Eggo Stranger Things Strawberry Waffles, inspired by Netflix's popular series, coinciding with the release of the fifth and final season [2][5] - The new strawberry waffles are made with colors from natural sources and are designed to enhance the viewing experience for fans during watch parties [2][6] - The product will be available at a suggested retail price of $3.59 for a 10-count box, with promotional giveaways of 11,000 boxes to fans through Instacart orders [5][6] Product Launch Details - The Eggo Stranger Things Strawberry Waffles will be available in select stores nationwide starting in October 2025 [5][6] - Fans can participate in weekly drops on specific Fridays in October to claim up to 11 boxes of select Eggo products, including the new strawberry waffles [4][6] - The limited-edition packs will also include Stranger Things Homestyle Waffles, ensuring a variety of options for fans [3][6] Marketing Strategy - Eggo aims to capitalize on the cultural phenomenon of Stranger Things, which has a significant fanbase and has been part of the series since its inception [5][9] - The marketing campaign includes social media engagement and promotional events to build excitement for the final season and the new product [6][9] - The collaboration with Netflix is expected to enhance brand visibility and drive sales during the show's final season [5][9] Company Background - Kellanova, the parent company of Eggo, is a leader in global snacking and frozen foods, with net sales of approximately $13 billion for 2024 [8] - The company focuses on creating better days through its trusted food brands and is committed to sustainable and equitable food access [8]
Kinross Sells Portion of Asante Gold Position
Globenewswire· 2025-09-23 13:00
Core Viewpoint - Kinross Gold Corporation has sold 36,927,650 common shares of Asante Gold Corporation, representing approximately 5.2% of the outstanding shares, for a total of C$73,116,747 at a price of C$1.98 per share [1] Group 1: Sale Details - The shares were sold on a private placement basis and are subject to a hold period until December 13, 2025 [2] - Prior to the sale, Kinross held approximately 5.2% of the outstanding shares and up to 13.2% on a partially-diluted basis [1] - After the sale, Kinross retains convertible instruments representing approximately 8.4% of the outstanding shares on a partially diluted basis [1] Group 2: Future Intentions - Kinross may consider future purchases or sales of Asante securities depending on market conditions and other factors [2] - Currently, Kinross has no specific plans or intentions regarding its investment in Asante [2] Group 3: Company Information - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [4] - The company focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [4]
Kellanova: 10% Upside, 20% Downside - Not Tasty Enough
Seeking Alpha· 2025-09-23 12:35
Group 1 - The article emphasizes the importance of identifying undervalued stocks with a focus on balancing risk and reward, suggesting that the best investment ideas are often the simplest ones [1] - It highlights a contrarian investment approach, indicating that seeking out opportunities that go against prevailing market trends can yield better results [1] Group 2 - There is no disclosure of any stock or derivative positions held by the analyst, nor any plans to initiate such positions in the near future, ensuring an unbiased perspective [2] - The article does not provide specific investment recommendations or advice, maintaining a neutral stance on the suitability of investments for individual investors [3]
A City Built on Corn Flakes Pins Hopes on New Kellogg Owner
WSJ· 2025-09-22 14:00
Core Insights - Declining cereal sales and job cuts have negatively impacted Kellogg's hometown, but the sale to Ferrero is seen as a potential revitalization for the business [1] Group 1: Company Performance - Kellogg's cereal sales have been declining, contributing to economic challenges in its hometown [1] - Job cuts at Kellogg have further strained the local economy [1] Group 2: Market Outlook - The acquisition by Ferrero is anticipated to provide a jolt to Kellogg's business operations and potentially improve local economic conditions [1]
Is Kellanova Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-09-18 09:44
Company Overview - Kellanova (K) is a global snacking and food company formed in October 2023, valued at $27.6 billion by market cap, following the split from the Kellogg Company [1] - The company retains well-known brands such as Pringles, Cheez-It, Pop-Tarts, Eggo, Special K, and MorningStar Farms, and is headquartered in Chicago, operating in over 180 countries [1][2] Market Position - Kellanova is classified as a "large-cap stock" with a market cap exceeding $10 billion, highlighting its size, influence, and dominance in the packaged goods industry [2] - The company benefits from strong market presence and consumer loyalty due to its established brands, along with global diversification from manufacturing in 20 countries [2] Stock Performance - Kellanova's stock currently trades 5.5% below its 52-week high of $83.22, achieved on March 4, and has declined 2% over the past three months, underperforming the Nasdaq Composite's 14% rise [3] - Year-to-date, Kellanova shares have dipped 2.9%, lagging behind the Nasdaq's YTD gains of 15.3%, and have decreased 2.5% over the past 52 weeks compared to the Nasdaq's 26.3% returns [4] Financial Results - Kellanova reported mixed Q2 results on July 31, with overall revenues pressured by soft industry demand, but a 0.3% year-over-year increase in sales to $3.2 billion, narrowly beating expectations [5] - Adjusted operating income fell 5% to $477 million, and adjusted EPS declined 6.9% to $0.94, falling below consensus estimates [5]