CHICAGO, Aug. 1, 2024 /PRNewswire/ -- Kellanova (NYSE: K) today published its 2024 second quarter earnings results in documents posted to the company website at https://investor.kellanova.com/financials/quarterly-results/default.aspx. Documents immediately available include: the financial press release and tables, GAAP reconciliations, and presentation slides. A Current Report on Form 8-K was filed with the U.S. Securities and Exchange Commission and is available on its website at www.sec.gov. Kellanova wil ...

Core Viewpoint - Analysts forecast that Kellanova (K) will report quarterly earnings of $0.90 per share, indicating a year-over-year decline of 28%, with revenues expected to be $3.15 billion, reflecting a decline of 22.1% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 1% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Estimates - The consensus estimate for 'Net sales - Europe' is $643.34 million, showing a decline of 3.8% year-over-year [5]. - 'Net sales - North America' is projected to reach $1.65 billion, reflecting a significant decline of 29.2% from the year-ago quarter [5]. - 'Net sales - AMEA' is expected to be $515.86 million, indicating a year-over-year decline of 27.6% [5]. - 'Net sales - Latin America' is estimated at $338.75 million, suggesting a slight increase of 0.8% year-over-year [9]. Price/Mix Impact - Analysts estimate that 'Net sales - Consolidated - price/mix impact - YoY change' will be 6.5%, down from 14.7% in the previous year [6]. - The 'Net sales - Latin America - Price/mix impact - YoY change' is expected to be 4.7%, compared to 19.5% last year [7]. - The estimate for 'Net sales - North America - Price/mix impact - YoY change' is 1.0%, down from 14.4% year-over-year [10]. - 'Net sales - Europe - Price/mix impact - YoY change' is projected at 5.8%, a decrease from 14.3% in the previous year [13]. - 'Net sales - AMEA - Price/mix impact - YoY change' is forecasted to be 20.7%, up from 17.2% last year [14]. Total Reported Growth - The consensus among analysts suggests that 'Total Reported growth' will likely reach -6.2%, contrasting with a growth of 4.6% in the same quarter last year [12]. - 'Total Reported growth - North America' is expected to be 0.0%, compared to 3.4% reported in the same quarter last year [8]. Stock Performance - Kellanova shares have experienced a change of +0.7% in the past month, compared to a +0.1% move of the Zacks S&P 500 composite [9].

CHICAGO, July 26, 2024 /PRNewswire/ -- Kellanova (NYSE: K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of Kellanova, payable on September 13, 2024, to shareowners of record at the close of business on September 3, 2024. The ex-dividend date is September 3, 2024. This is the 399th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925. Kellanova (NYSE: K) is a leader in global snacking, international cereal ...

Kellanova K Altria Group, Inc. MO Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Philip Morris International Inc. PM Read More: During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high di ...

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]

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].

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].

| --- | --- | |-------------|---------------------------------------------------------------------------------------------------------------------------------------| | | | | 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 ( ...

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 ...

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]