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Why Kellanova's Pop-Tarts sales are going strong 60 years later
CNBC· 2023-12-22 11:00
Sixty years after their invention, Pop-Tarts remain beloved by consumers who bought about three billion of them in 2022."We didn't realize that this thing was going to go as well as it did," said 96-year-old Bill Post, who helped develop Pop-Tarts in the early 1960s. "It went beyond any expectations we had." Post remembers when Kellogg's came to Keebler, the cookie and cracker company where he worked at the time, to ask that Keebler make a breakfast snack for the cereal giant. Post said the two companies co ...
Kellogg(K) - 2023 Q3 - Earnings Call Transcript
2023-11-08 17:33
Kellanova (NYSE:K) Q3 2023 Earnings Conference Call November 8, 2023 9:30 AM ET Company Participants John Renwick - Vice President of Investor Relations & Corporate Planning Steve Cahillane - Chairman, President & Chief Executive Officer Amit Banati - Vice Chairman & Chief Financial Officer Conference Call Participants Jason English - Goldman Sachs Nik Modi - RBC David Palmer - Evercore ISI Ken Goldman - JPMorgan Michael Lavery - Piper Sandler Max Gumport - BNP Paribas Bryan Spillane - Bank of America Alexi ...
Kellogg(K) - 2023 Q3 - Earnings Call Presentation
2023-11-08 16:42
KELLANOVA 11/8/2023 Restoring Gross Profit Margin Faster Than Planned Kellogg Company, Gross Profit Margin, Adjusted Basis YTD 32.7% margin +150 bp Vs. YAG Kellanova | --- | --- | |------------------------------------------------------------------------------|-------| | | | | Another Good Quarter | | | ➢ On-algorithm top-line growth in challenging environment | | | ➢ Continued restoration of profit margins | | | ➢ Above-algorithm profit growth that offset macro-related headwinds on EPS | | | ➢ Strong free c ...
Kellogg(K) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4171 Kellanova State of Incorporation— Delaware IRS Employer Identification No. 38-0710690 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 412 N. Wells Street, Chicago , IL 60654 For the quarterly period ended Septembe ...
Kellogg(K) - 2023 Q2 - Earnings Call Presentation
2023-08-03 20:03
KELLOGG COMPANY KELLOGG COMPANY 8/3/2023 KELLOGG COMPANY 8/3/2023 financial performance of the Company; evolving legal, regulatory and tax regimes; changes in general economic and/or industry specific conditions; actions by third parties, including government agencies and; other risk factors as detailed from time to time in the Company's reports filed with the SEC, including the Company's Annual Report on Form 10-K, periodic Quarterly Reports on Form 10-Q, periodic Current Reports on Forms 8-K and other doc ...
Kellogg(K) - 2023 Q2 - Earnings Call Transcript
2023-08-03 16:30
And with that, we'll open up the line for your questions. A – Steve Cahillane I would say, on a go-forward basis, we're more optimistic and more constructive about our volumes. So I don't see – I don't see this volume continuing this level. I see sequential improvement, and we do see, as we'll talk Thanks. Good morning. I think you said gross margins should be up 50 basis points year-over-year for the full year. I think I heard that right. If that's right, that implies something like a 30-plus basis point g ...
Kellogg(K) - 2023 Q1 - Earnings Call Transcript
2023-05-04 18:24
Kellogg Company (NYSE:K) Q1 2023 Earnings Conference Call May 4, 2023 9:30 AM ET John Renwick - Vice President of Investor Relations and Corporate Planning Amit Banati - Vice Chairman and Chief Financial Officer Conference Call Participants Bryan Spillane - Bank of America Merrill Lynch Jason English - Goldman Sachs Group, Inc. Pamela Kaufman - Morgan Stanley Good morning, welcome to the Kellogg Company's First Quarter 2023 Earnings Call. All lines have been placed on mute to prevent any background noise. A ...
Kellogg(K) - 2023 Q1 - Earnings Call Presentation
2023-05-04 13:30
Welcome, Agenda & Disclaimers KELLOGG COMPANY 5/4/2023 01 2023 EARNINGS | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------|-------------------------------|------------------|----------------------------------------------|------------------|--------------------------------------------------------------------------------------------------------| | | | | | Net Sales Growth, in Percent, Organic Basis* | | STAINING TOP-LINE MOMENTUM | | 15% | | | | | | · Across Regions | | | | | | | | · Acr ...
Kellogg(K) - 2022 Q4 - Annual Report
2023-02-21 21:17
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 31, 2022 ☐ 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 Kellogg Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of Incorporation or organization) Delaware 3 ...
Kellogg(K) - 2022 Q4 - Earnings Call Transcript
2023-02-09 17:11
Kellogg Company (NYSE:K) Q4 2022 Earnings Conference Call February 9, 2023 9:30 AM ET Company Participants Steven Cahillane - Chairman and CEO Amit Banati - VP and CFO John Renwick - VP, IR Corporate Planning Conference Call Participants Jason English - Goldman Sachs Alexia Howard - Sanford C. Bernstein Michael Lavery - Piper Sandler Robert Dickerson - Jefferies Kenneth Goldman - J.P. Morgan Andrew Lazar - Barclays Bank Robert Moskow - Crédit Suisse Bryan Spillane - Bank of America Eric Larson - Seaport Res ...