KELLANOVA 8/1/2024 Q2 2024 Earnings Release August 1, 2024 Differentiated. 1 Agenda & Disclaimers John Renwick Vice President, Investor Relations & Corporate Planning 2 2Q24 EARNINGS RELEASE page 1 of 22 KELLANOVA 8/1/2024 | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Key Takeaways Kellanova beats profit and sales estimates and boosts its guidance as volumes increase in North and Latin America. North American sales rose 0.7% year-over-year, and volumes grew 2.0%. Kellanova shares rose about 5% in intraday trading Thursday. Shares of Pringles and Pop-Tarts parent Kellanova (K) rose in intraday trading Thursday as the cereal and snack food maker reported better-than-expected results and raised its guidance, boosted by North and Latin American demand. The company formerly k ...

Kellanova (K) delivered second-quarter 2024 results, wherein both the top and bottom lines exceeded the Zacks Consensus Estimate, and earnings increased year over year. While sales declined year over year, the company saw an increase in organic sales. Backed by a better-than-expected first half, management pulled up its guidance for 2024. Shares of Kellanova jumped more than 4% in the pre-market trading session on Aug 1. Kellanova's second-quarter results demonstrate strong performance. Volumes returned to ...

Kellanova (NYSE:K) Q2 2024 Earnings Conference Call August 1, 2024 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 Rob Dickerson - Jefferies Chris Carey - Wells Fargo Securities Peter Galbo - Bank of America Robert Moskow - TD Cowen David Palmer - Evercore ISI Michael Lavery - Piper Sandler Thomas Palmer - ...

Kellanova (K) reported $3.19 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 21%. EPS of $1.01 for the same period compares to $1.25 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.15 billion, representing a surprise of +1.35%. The company delivered an EPS surprise of +12.22%, with the consensus EPS estimate being $0.90. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Kellanova (K) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 12.22%. A quarter ago, it was expected that this the maker of Pringles and other snacks would post earnings of $0.85 per share when it actually produced earnings of $1.01, delivering a surprise of 18.82%. Over the last four ...

Exhibit 99.1 Kellanova Financial News Release Analyst Contact: John Renwick, CFA (269) 961-9050 Media Contact: Kris Bahner, (269) 961-3799 Kellanova Reports Strong Second Quarter Results, Raises Full-Year Outlook Chicago, Ill. - August 1, 2024 — Kellanova (NYSE: K) today announced results for its second quarter of 2024, and raised its outlook for the full year. Highlights: • While net sales in the second quarter were negatively impacted by adverse currency translation and the 2023 divestiture of its busines ...

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 ...

Wall Street analysts forecast that Kellanova (K) will report quarterly earnings of $0.90 per share in its upcoming release, pointing to a year-over-year decline of 28%. It is anticipated that revenues will amount to $3.15 billion, exhibiting a decline of 22.1% compared to the year-ago quarter. The current level reflects a downward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initi ...

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 ...