KELLOGG COMPANY 11/4/2021 | --- | --- | --- | --- | --- | --- | |-------------------|-------|-------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Welcome, Agenda & | | | | | | | Disclaimers | | | | | | | | | | | | | | | | KELLOGG COMPANY Q3 2021 | | | 2 | 1 OF 21 KELLOGG COMPANY 11/4/2021 | --- ...

Kellogg Co (NYSE:K) Q2 2021 Earnings Conference Call August 5, 2021 9:30 AM ET Company Participants John Renwick - VP, IR & Corporate Planning Steven Cahillane - Chairman, CEO & President Amit Banati - SVP, CFO & Principal Financial Officer Conference Call Participants Bryan Spillane - Bank of America Merrill Lynch Alexia Howard - Sanford C. Bernstein & Co. Robert Dickerson - Jefferies Michael Lavery - Piper Sandler & Co. Laurent Grandet - Guggenheim Securities Christopher Growe - Stifel, Nicolaus & Company ...

KELLOGG COMPANY 8/5/2021 | --- | --- | --- | --- | --- | --- | |-------------------|-------|-------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | Welcome, Agenda & | | | | | | | Disclaimers | | | | | | | | | KELLOGG COMPANY Q2 2021 | | | 2 | 1 OF 17 KELLOGG COMPANY 8/5/2021 | --- ...

Financial Data and Key Metrics Changes - The company reported strong net sales growth in Q1 2021, achieving organic growth across all four regions and global category groups for the fifth consecutive quarter [20][24][43] - Gross profit margin improved year-on-year despite higher costs, driven by effective productivity and price realization [21][31] - Operating profit increased year-on-year, reflecting top-line momentum and disciplined overhead management [22][27] - Cash flow remained strong, with the company able to accelerate share buybacks [22][40] Business Line Data and Key Metrics Changes - The snacks category sustained growth on both a one-year and two-year basis, demonstrating resilience despite the pandemic [54] - Cereal also recorded growth, particularly in Europe and Latin America, with notable share gains in key markets [55][70] - Frozen Foods showed growth in both Eggo and Morningstar Farms, indicating strong consumer demand [56][77] Market Data and Key Metrics Changes - North America experienced organic net sales growth, driven by elevated at-home consumption and strong brand momentum [50] - Emerging markets showed accelerated growth, particularly in Africa and Asia, with the Multipro distributor business growing over 20% year-on-year [85][86] - E-commerce sales grew approximately 75% year-on-year, reflecting a significant shift in consumer behavior [87] Company Strategy and Development Direction - The company continues to focus on its balanced growth strategy, emphasizing convenience, snacking, and plant-based foods [10][11] - There is a commitment to environmental, social, and governance (ESG) initiatives, with goals set for renewable electricity and community support [16][17] - The company aims to leverage enhanced capabilities in data analytics and e-commerce to drive long-term growth [93] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the uncertain business environment, raising full-year guidance based on strong Q1 performance [23][43] - The company anticipates moderating top-line growth in the second quarter, with expectations of continued growth in emerging markets [30][104] - Inflationary pressures are acknowledged, with management planning to utilize various pricing strategies to mitigate impacts [110][111] Other Important Information - The company has maintained a strong balance sheet, with net debt lower year-on-year despite share buybacks [41][42] - The first quarter results reflect high-quality balanced financial delivery, with sustained net sales growth and expanded gross profit margins [94] Q&A Session Summary Question: Guidance for 2021 and implications - Management discussed the 3% two-year CAGR and the factors influencing it, emphasizing strong brand performance and execution [100][102] Question: Inflation picture and pricing strategies - Management provided insights on rising cost inflation and the tools available to offset it, including productivity and pricing strategies [106][110] Question: Gross margin expectations - Management confirmed the goal to expand gross profit margins on a two-year basis, despite challenges in the upcoming quarters [115][117] Question: Shipment timing impact - Management clarified that shipment timing positively affected net sales growth in Q1, with some shipments borrowed from Q4 [120][121] Question: Retailer conversations regarding pricing - Management indicated that they must earn pricing in the marketplace and are confident in their ability to manage pricing and brand investments [126][128]

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 January 2, 2021 ☐ 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 38- ...

KELLOGG COMPANY 2/17/2021 Emerging Stronger 2021 CAGNY Conference | --- | --- | --- | |--------|-------------------------------------------------------|-------| | AGENDA | | | | | ➢ What a Difference a Year Makes – Steve Cahillane | | | | ➢ Winning with Data & Analytics – Monica McGurk | | | | ➢ Winning with Innovation – Nigel Hughes | | | | ➢ Winning with Sustainability – Amy Senter | | | | ➢ Emerging Stronger – Steve Cahillane | | | | | | | | KELLOGG COMPANY CAGNY 2021 | 2 | 1 of 18 KELLOGG COMPANY 2/17/2 ...

Kellogg Company (NYSE:K) Q4 2020 Earnings Conference Call February 11, 2021 9:30 AM ET Corporate Participants John Renwick - Vice President, Investor Relations and Corporate Planning Steve Cahillane - Chairman and Chief Executive Officer Amit Banati - Chief Financial Officer Conference Call Participants Eric Larson - Seaport Global Securities Alexia Howard - Bernstein Robert Moskow - Credit Suisse Chris Growe - Stifel Michael Lavery - Piper Sandler Rob Dickerson - Jefferies Operator Good morning. Welcome to ...

Kellogg Company (NYSE:K) Q3 2020 Results Conference Call October 29, 2020 9:30 AM ET Company Participants | --- | |---------------------------------------------| | | | John Renwick - VP, IR & Corporate Planning | | Steve Cahillane - Chairman, CEO & President | | Amit Banati - SVP & CFO | | Conference Call Participants | | Nik Modi - RBC Capital Markets | | Steve Powers - Deutsche Bank | | Ken Zaslow - BMO | | Ken Goldman - JPMorgan | | Bryan Spillane - Bank of America | | Eric Larson - Seaport Global Securi ...

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 28, 2019 ☐ 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 29, 2018 ¨ 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 ...