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Eggo® Turns Breakfast Upside Down with Limited-Edition Stranger Things Strawberry Waffles
Prnewswire· 2025-09-29 13:00
Core Insights - Eggo is launching a limited-edition product, the Eggo Stranger Things Strawberry Waffles, inspired by Netflix's popular series, coinciding with the release of the fifth and final season [2][5] - The new strawberry waffles are made with colors from natural sources and are designed to enhance the viewing experience for fans during watch parties [2][6] - The product will be available at a suggested retail price of $3.59 for a 10-count box, with promotional giveaways of 11,000 boxes to fans through Instacart orders [5][6] Product Launch Details - The Eggo Stranger Things Strawberry Waffles will be available in select stores nationwide starting in October 2025 [5][6] - Fans can participate in weekly drops on specific Fridays in October to claim up to 11 boxes of select Eggo products, including the new strawberry waffles [4][6] - The limited-edition packs will also include Stranger Things Homestyle Waffles, ensuring a variety of options for fans [3][6] Marketing Strategy - Eggo aims to capitalize on the cultural phenomenon of Stranger Things, which has a significant fanbase and has been part of the series since its inception [5][9] - The marketing campaign includes social media engagement and promotional events to build excitement for the final season and the new product [6][9] - The collaboration with Netflix is expected to enhance brand visibility and drive sales during the show's final season [5][9] Company Background - Kellanova, the parent company of Eggo, is a leader in global snacking and frozen foods, with net sales of approximately $13 billion for 2024 [8] - The company focuses on creating better days through its trusted food brands and is committed to sustainable and equitable food access [8]
Kinross Sells Portion of Asante Gold Position
Globenewswire· 2025-09-23 13:00
Core Viewpoint - Kinross Gold Corporation has sold 36,927,650 common shares of Asante Gold Corporation, representing approximately 5.2% of the outstanding shares, for a total of C$73,116,747 at a price of C$1.98 per share [1] Group 1: Sale Details - The shares were sold on a private placement basis and are subject to a hold period until December 13, 2025 [2] - Prior to the sale, Kinross held approximately 5.2% of the outstanding shares and up to 13.2% on a partially-diluted basis [1] - After the sale, Kinross retains convertible instruments representing approximately 8.4% of the outstanding shares on a partially diluted basis [1] Group 2: Future Intentions - Kinross may consider future purchases or sales of Asante securities depending on market conditions and other factors [2] - Currently, Kinross has no specific plans or intentions regarding its investment in Asante [2] Group 3: Company Information - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [4] - The company focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [4]
Kellanova: 10% Upside, 20% Downside - Not Tasty Enough
Seeking Alpha· 2025-09-23 12:35
Group 1 - The article emphasizes the importance of identifying undervalued stocks with a focus on balancing risk and reward, suggesting that the best investment ideas are often the simplest ones [1] - It highlights a contrarian investment approach, indicating that seeking out opportunities that go against prevailing market trends can yield better results [1] Group 2 - There is no disclosure of any stock or derivative positions held by the analyst, nor any plans to initiate such positions in the near future, ensuring an unbiased perspective [2] - The article does not provide specific investment recommendations or advice, maintaining a neutral stance on the suitability of investments for individual investors [3]
A City Built on Corn Flakes Pins Hopes on New Kellogg Owner
WSJ· 2025-09-22 14:00
Core Insights - Declining cereal sales and job cuts have negatively impacted Kellogg's hometown, but the sale to Ferrero is seen as a potential revitalization for the business [1] Group 1: Company Performance - Kellogg's cereal sales have been declining, contributing to economic challenges in its hometown [1] - Job cuts at Kellogg have further strained the local economy [1] Group 2: Market Outlook - The acquisition by Ferrero is anticipated to provide a jolt to Kellogg's business operations and potentially improve local economic conditions [1]
Is Kellanova Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-09-18 09:44
Company Overview - Kellanova (K) is a global snacking and food company formed in October 2023, valued at $27.6 billion by market cap, following the split from the Kellogg Company [1] - The company retains well-known brands such as Pringles, Cheez-It, Pop-Tarts, Eggo, Special K, and MorningStar Farms, and is headquartered in Chicago, operating in over 180 countries [1][2] Market Position - Kellanova is classified as a "large-cap stock" with a market cap exceeding $10 billion, highlighting its size, influence, and dominance in the packaged goods industry [2] - The company benefits from strong market presence and consumer loyalty due to its established brands, along with global diversification from manufacturing in 20 countries [2] Stock Performance - Kellanova's stock currently trades 5.5% below its 52-week high of $83.22, achieved on March 4, and has declined 2% over the past three months, underperforming the Nasdaq Composite's 14% rise [3] - Year-to-date, Kellanova shares have dipped 2.9%, lagging behind the Nasdaq's YTD gains of 15.3%, and have decreased 2.5% over the past 52 weeks compared to the Nasdaq's 26.3% returns [4] Financial Results - Kellanova reported mixed Q2 results on July 31, with overall revenues pressured by soft industry demand, but a 0.3% year-over-year increase in sales to $3.2 billion, narrowly beating expectations [5] - Adjusted operating income fell 5% to $477 million, and adjusted EPS declined 6.9% to $0.94, falling below consensus estimates [5]
Ahold Delhaize USA’s work with cows
Supermarketnews· 2025-09-17 16:41
Core Insights - Ahold Delhaize USA is launching a pilot project aimed at reducing methane emissions from dairy production in collaboration with Danone North America and The Nature Conservancy [1][3] - This initiative marks Ahold Delhaize USA's fourth sustainable agriculture project focused on farmland, following previous partnerships aimed at reducing greenhouse gas emissions from wheat farming [2] Project Details - The pilot project will commence this year and aims for a shared reduction in methane emissions from selected Danone North America yogurt products sold by Ahold Delhaize USA brands over the next five years [3] - The initiative will support dairy farm partners in implementing sustainable agricultural practices, including manure separation and irrigation efficiency tools [4][5] Collaboration and Governance - The Nature Conservancy will provide technical assistance to farmers and ensure the long-term viability of the sustainable practices implemented [5] - NatureVest, the impact investing team of The Nature Conservancy, will identify market mechanisms to help agrifood companies implement sustainable supply chain solutions [5] Strategic Goals - The project aligns with Ahold Delhaize USA's commitment to supporting healthier people and a healthier planet, focusing on practical methods to decrease emissions across the yogurt production supply chain [6]
EU antitrust regulators resume Mars, Kellanova probe, decision due December 19
Reuters· 2025-09-17 14:13
Group 1 - The European Union antitrust regulators have resumed their investigation into Mars' $36 billion acquisition bid for Kellanova, the maker of Pringles [1] - A decision regarding the investigation is set to be made by December 19 [1]
Kellanova and ADM Regenerative Agriculture Program Improves Soil Health on 120,000 Acres, Supports Farmers in Southeast United States
Prnewswire· 2025-09-17 12:05
Core Insights - The program directly engages with farmers in Alabama, Georgia, and Florida to support agricultural practices that protect and improve natural resources while also reducing and removing greenhouse gases [1] Group 1 - The initiative focuses on sustainable agriculture practices [1] - The program aims to enhance natural resource management [1] - The effort includes reducing greenhouse gas emissions [1]
Kinross sells portion of Asante Gold shares
Globenewswire· 2025-09-08 13:05
Core Points - Kinross Gold Corporation sold 29,850,984 common shares of Asante Gold Corporation, representing approximately 4.2% of the outstanding shares and about 44.7% of Kinross's holdings in Asante [1] - The shares were sold at a price of C$1.55 per share, resulting in an aggregate sale price of C$46,269,025.20 [1] - After the sale, Kinross holds 36,927,650 shares and 5,000,000 warrants, with a convertible debenture convertible into shares at C$1.81 per share [1] - Kinross now owns approximately 5.2% of Asante's outstanding shares on a non-diluted basis and 13.2% on a partially diluted basis [1] Investment Strategy - The sale of shares was conducted in the ordinary course of investments in portfolio companies [2] - Kinross may consider future purchases or sales of Asante securities based on market conditions and other relevant factors [2] - Currently, Kinross has no specific plans regarding its investment in Asante [2] Company Information - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [4] - The company focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [4]
PRINGLES® IS BRINGING BOLD NEW FLAVORS TO THE SNACK AISLE WITH SIX SMOKY, SALTY AND SWEET INNOVATIONS
Prnewswire· 2025-08-25 12:00
Core Viewpoint - Pringles is launching a new lineup of flavors, including the Smoky collection, Sharp White Cheddar, and Pringles Mingles flavors, aimed at satisfying diverse consumer cravings starting in September 2025 [2][5][8]. Product Launch Details - The new Pringles Smoky collection includes three flavors: Smoky Bacon, Smoky Mesquite BBQ, and Smoky Cheddar, each offering unique taste profiles [6][5]. - Pringles Sharp White Cheddar combines rich, nutty flavors with a touch of acidity to replicate aged white cheddar cheese [6]. - Pringles Mingles introduces two new flavors: Cinnamon & Sugar, which is the brand's first sweet flavor since 2016, and Jalapeño & Queso, balancing creamy queso with fresh jalapeño flavor [6][5]. Marketing and Collaboration - To celebrate the launch, Pringles is collaborating with Chef Calvin Eng from Bonnie's restaurant to create a special dish featuring the Smoky Mesquite BBQ flavor, available for a limited time [5][7]. - The marketing strategy emphasizes innovation and consumer engagement, with a focus on unique flavor experiences [4][8]. Company Background - Kellanova, the parent company of Pringles, is a leader in global snacking with a legacy of over 100 years and net sales of approximately $13 billion for 2024 [9].