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WK Kellogg Co to Host Conference Call on August 6
Prnewswire· 2024-07-11 20:05
Group 1 - WK Kellogg Co will host a conference call on August 6, 2024, at 9:30 a.m. EDT to discuss its financial results for Q2 2024 and provide an operational update [1] - The company will release final operating results and related documents at approximately 8:30 a.m. EDT on the same day, including a press release and financial tables [3] - A question-and-answer session with analysts will follow the prepared remarks, with press and public participation in listen-only mode [3] Group 2 - WK Kellogg Co has a long history dating back to 1894, known for its innovative food products, including iconic brands like Frosted Flakes and Rice Krispies [4] - The company emphasizes its commitment to high-quality products and community engagement, aiming to enhance the physical, emotional, and societal well-being of consumers [4] - The brand portfolio plays a significant role in the daily lives of millions of consumers across North America [4]
REMSleep Holdings Inc. Receives 510(K) Clearance on Product
Prism Media Wire· 2024-07-09 11:30
Core Viewpoint - REMSleep Holdings, Inc. has received 510(K) clearance for its Deltawave CPAP Pillows Interface mask, allowing the company to prepare for market introduction [1][7]. Company Overview - REMSleep Holdings, Inc. is a medical device manufacturer focused on developing products for the treatment of obstructive sleep apnea and other respiratory conditions, with over 30 years of collective experience in CPAP therapy [4]. Product Development and Market Preparation - Following the 510(K) clearance, the company will update its website, order large inventory, engage with potential distributors, and manage marketing efforts, emphasizing the product's exceptional performance as a key marketing strategy [2]. Regulatory Information - The Deltawave CPAP interface is classified as a Class II device under the regulation number 21 CFR 868.5905, and it has been deemed substantially equivalent to legally marketed predicate devices [8]. Shareholder Communication - The company encourages shareholders to stay informed through press releases and social media channels [3]. Market Monitoring - REMSleep has identified imbalances and reported short interest, indicating potential illegal naked short sales, and is committed to monitoring these activities to protect shareholder interests [9].
Kellanova (K) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2024-06-28 17:01
Core Viewpoint - The recent upgrade of Kellanova to a Zacks Rank 2 indicates a positive outlook on its earnings, suggesting potential upward movement in its stock price [2][7][8]. Earnings Estimates and Revisions - For the fiscal year ending December 2024, Kellanova is expected to earn $3.62 per share, reflecting a 12.1% increase from the previous year [5]. - Over the past three months, the Zacks Consensus Estimate for Kellanova has increased by 1.2%, indicating a trend of rising earnings estimates [13]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks based on earnings estimate revisions, with Kellanova now positioned in the top 20% of Zacks-covered stocks, suggesting it may outperform the market [4][14]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, highlighting the effectiveness of the rating system [4]. Institutional Investor Influence - Changes in earnings estimates significantly impact stock price movements, as institutional investors adjust their valuations based on these estimates, leading to buying or selling pressure [3][11].
Kellanova Sets Date for 2024 Second Quarter Results Webcast
Prnewswire· 2024-06-28 12:05
| --- | --- | |-------------|---------------------------------------------------------------------------------------------------------------------------------------| | | | | Rebroadcast | Available beginning at 1:00 pm ET, Thursday, August 1, and for at least | | Webcast: | 90 days thereafter at https://investor.kellanova.com. | | Podcast: | MP3 audio file (podcast) available for download beginning at about 1:00 pm ET on Friday, August 2 at https://investor.kellanova.com. | | | | About Kellanova Kellanova ( ...
3 Plant-Based Food Stocks to Buy as Gen Z Gobbles Up Vegan Alternatives
Investor Place· 2024-06-28 10:00
For those that prefer the all-natural route, the concept of plant-based food stocks might seem alien. However, it's important to keep in mind that social mores and preferences change over time. Right now, the we have the intersection of young millennials and older members of Generation Z sparking a new paradigm in the broader culinary world. Let's just get down to the hard numbers. According to information cited by The Food Institute, a vast majority of college students – specifically 81% – will choose a pl ...
Job seekers around the world have more in common than we may think, new survey says
Prnewswire· 2024-06-26 14:03
Core Insights - Kellanova's survey reveals that job seekers prioritize workplace impact, flexibility, and career development as key factors in their employment decisions [2][3][5] Employee Preferences - 95% of respondents seek workplaces that reward their contributions and allow them to make an impact [2][3] - 64% of participants consider paid time off (PTO) and leave policies essential, while 37% view a hybrid office environment as a differentiator [2] - Career development is the top priority for 64% of students, surpassing PTO (63%) and compensation (57%) [2] Company Commitment - Kellanova aims to build a "Culture of Best" that emphasizes integrity, accountability, and courage, while addressing wellbeing, hunger, sustainability, and equity [5] - The company is committed to providing comprehensive health benefits, including physical, emotional, and financial support, to meet employee needs [5] - Kellanova's goal is to create better days for 4 billion people by 2030, focusing on sustainable and equitable food access [5] Survey Details - The survey included 3,500 respondents aged 21-45 from the U.S., Canada, U.K., Mexico, Australia, and India, conducted online from April 11-17, 2024 [4][5]
CHEEZY RANCH FANS REJOICE! THE CHEEZ-IT® x HIDDEN VALLEY® RANCH COLLAB IS FINALLY HERE IN CRACKER FORM
Prnewswire· 2024-06-25 14:00
"We've seen fans mixing up their own blend of ranch seasoning-dusted Cheez-It crackers on social media, so we knew creating the perfect blend of cheezy and zesty flavors together was essential to satisfying their cravings," said Cara Tragseiler, Senior Brand Director for Cheez-It. "Much like our loyal Cheez-It fans, ranch lovers are seriously obsessed with Hidden Valley Ranch, so it was a no-brainer to infuse that fandom with our own to create a new, legendary cracker flavor." Kellanova Media Hotline (269) ...
Pop-Tarts First Edible Mascot wins Grand Prix at 2024 Cannes Lions
Prnewswire· 2024-06-21 14:25
Kellanova, Weber Shandwick win first-ever Grand Prix for Brand Experience & Activation CHICAGO, June 21, 2024 /PRNewswire/ -- Kellanova's Pop-Tarts brand earned a top honor at the 2024 Cannes Lions International Festival of Creativity Thursday, winning the first-ever Grand Prix for its Edible Mascot activation. In partnership with Weber Shandwick, Florida Citrus Sports, Publicis, and others, The First Edible Mascot was a delicious move to place Pop-Tarts at the center of the broader snacking conversation in ...
Ahold Delhaize USA, Kellanova, Bartlett Announce Farm-to-Shelf Regenerative Agriculture Pilot to Decrease Emissions Across Value Chain
Newsfilter· 2024-06-18 14:00
SALISBURY, N.C., June 18, 2024 (GLOBE NEWSWIRE) -- Leading grocery retail group Ahold Delhaize USA has announced a partnership with global snacking leader Kellanova (formerly Kellogg Company) and North American agribusiness, Bartlett, to reduce Scope 3 greenhouse gas (GHG) emissions from wheat farming across the value chain. This collaboration aims to decrease Scope 3 emissions, improving farm and supply chain resiliency. Unique collaborative program Regenerative agriculture focuses on soil conservation and ...
Kellanova: Not Taking A Bite Of The Snack Business Yet
Seeking Alpha· 2024-06-12 20:52
In the fall of last year, the former Kellogg's Company split up the business in two: Kellanova (NYSE:K) and WK Kellogg Co (KLG). The latter comprised a nearly $3 billion and somewhat troubled cereal business, and has been spun off by Kellanova as the remaining entity to improve the growth profile of the remaining $13 billion business. Benefitting from a better positioning, Kellanova has been struggling somewhat itself as well with inflationary pressures, resulting in a poor composition of growth, although m ...