In recent months, the economy has been marked by a series of apparent contradictions. To combat surging inflation, the FED has raised interest rates, which should, in theory, have a slowing-down effect on the stock market.Despite this, stocks have been surging with major benchmark indices such as the S&P 500 reaching record highs, and yet, the crisis not visible when it comes to investing is more than present in the pressure facing regular people from ever-rising prices of everyday goods and relative wage s ...

The boss of Kellogg's has been criticised for suggesting poor people should eat cereal for dinner to save money.Chief executive Gary Pilnick made the comments as he described the company's efforts to appeal to under-pressure shoppers during an interview in the US. It comes as Kellogg's, which makes popular cereals including Corn Flakes, Special K and Coco Pops, has been pushing adverts in the US with the slogan: "Give chicken the night off".Mr Pilnick told CNBC: "Consumers are under pressure... so we're adv ...

WK Kellogg CEO Gary Pilnick is suggesting that consumers dealing with the high cost of food eat cereal for dinner. His message is landing him in hot water.  "We gotta reach the consumer where they are, so we're advertising about cereal for dinner," Pilnick said last week during an interview with CNBC. He said the message is "landing really well" with consumers, who are spending more of their income on food than they have in the last three decades.  In 2022, 11.3% of disposable income was used on food, The W ...

Featuring a savory blend of garlic and red spices, Pringles Honey Mustard perfectly balances tangy mustard notes with subtly sweet hints of honey to deliver a flavor-packed crisp that will keep you coming back for more. Each bite delivers the zesty and honeyed flavor experience that longtime fans remember, and first-timers will love. "Pringles Honey Mustard has an incredibly passionate fanbase, in fact it was our most asked-for flavor from the brand in the last two years2," said Mauricio Jenkins, US marketi ...

Kellogg’s CEO Gary Pilnick advised shoppers chalking up more of their paychecks to soaring grocery bills than they have in the past three decades to just eat cereal instead.“The cereal category has always been quite affordable, and it tends to be a great destination when consumers are under pressure,” Pilnickan said in an interview with CNBC last week.“If you think about the cost of cereal for a family versus what they might otherwise do, that’s going to be much more affordable.”CNBC host Carl Quintanilla a ...

In celebration of National Pancake Day, the brand best known for waffles unveils a one-of-a-kind rental property—larger-than-life stack of flapjacks—bookable exclusively on HomeToGo.com  CHICAGO, Feb. 26, 2024 /PRNewswire/ -- Wake up and smell the pancakes! From the brand whose pancakes pack the same punch as their iconic waffles, comes this humble ab-ode to flapjacks. Eggo® is celebrating its other favorite breakfast staple with the ultimate Eggo experience in honor of National Pancake Day on Feb. 28. T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Transition Period From To Commission file number 1-4171 Kellanova (Exact name of registrant as specified in its charter) (State or other jurisdiction of Incorporation or organization) Delaware 38-0710 ...

CHICAGO, Feb. 16, 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 March 15, 2024, to shareowners of record at the close of business on March 1, 2024. The ex-dividend date is February 29, 2024. This is the 397th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925.  About Kellanova Kellanova (NYSE: K) is a leader in global snacking, internation ...

Kellanova donates $50,000 to support the national grocer's Feed the Love hunger relief campaign CHICAGO, Feb. 14, 2024 /PRNewswire/ -- For the fourth year in a row, Kellanova and Albertsons Companies, one of the largest food and drug retailers in the United States, are teaming up to show love to the communities they serve and address the ongoing issue of hunger and food insecurity. Kellanova is donating $50,000 to Albertsons Cos. Foundation's Nourishing Neighbors charitable program benefiting the hunger-rel ...

First-of-its-kind partnership gives more Black farmers access to technical assistance and educationCHICAGO, Feb. 13, 2024 /PRNewswire/ -- In 1920, approximately 14 percent of farmers in the United States were Black. Today, according to the latest estimates from the U.S. Department of Agriculture, only 1.3 percent of America's almost 3.4 million farmers are Black*. National Black Growers Council members. Image courtesy of NBGC. Recognizing this disparity in farming equity, Eggo® is entering into a partne ...