UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the Fiscal Year Ended December 28, 2024 ☐ 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 Kellanova (Exact name of registrant as specified in its charter) (State or other jurisdiction of Incorporation or organization) FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 38-0710 ...

Core Viewpoint - Mars Incorporated is set to acquire Kellanova for $83.50 per share, raising questions about the potential outcomes if the acquisition does not proceed [1] Group 1: Acquisition Details - Mars Incorporated is acquiring Kellanova at a price of $83.50 per share [1] Group 2: Investment Perspective - The article emphasizes the importance of identifying undervalued companies with significant upside potential for long-term investment [1] - The author identifies as a value dividend investor focused on long-term growth through dividends [1]

AUVERS-SUR-OISE, FRANCE - 2025/01/11: Lt Gen. Keith Kellogg, former National Security Advisor to U.S. Vice President Mike Pence speaks at the conference and says the regime in Iran is weaker and more vulnerable than it has been in decades. It should not be feared but challenged. At the Trans-Atlantic conference in Auvers-sur-Oise, north of Paris, titled New Policy Toward the Iranian Regime: Standing with the Organized Resistance, former world leaders and military officials from Europe and the U.S. gathered ...

Core Viewpoint - Kinross Gold Corporation reported strong financial and operational results for 2024, achieving record free cash flow and significant debt repayment, while maintaining stable production guidance for the upcoming years [2][5][43]. Financial Performance - Kinross achieved record free cash flow of over $1.3 billion in 2024, more than doubling year-over-year [5][19]. - The company repaid $800 million of debt during 2024, completing the repayment of a $1 billion term loan by February 10, 2025 [23][25]. - Reported net earnings for Q4 2024 were $275.6 million, or $0.22 per share, compared to $65.4 million, or $0.06 per share, in Q4 2023 [20]. - Full-year net earnings for 2024 were $948.8 million, or $0.77 per share, compared to $416.3 million, or $0.34 per share, in 2023 [20]. Production and Cost Metrics - Gold equivalent production for 2024 was 2.13 million ounces, slightly above the guidance of 2.1 million ounces [3][43]. - The production cost of sales per gold equivalent ounce sold was $1,020 for 2024, up from $942 in 2023 [12][44]. - Attributable all-in sustaining cost per gold equivalent ounce sold was $1,388 for 2024, compared to $1,316 in 2023 [15][45]. Operational Highlights - Tasiast achieved record throughput and production, becoming the highest-margin operation for the company [8][26]. - Paracatu delivered over 500,000 gold ounces for the seventh consecutive year [8]. - Bald Mountain converted nearly 1 million resource ounces to reserves, with plans to proceed with mining at the Redbird pit [7][39]. Future Guidance - Kinross expects to produce approximately 2.0 million attributable gold equivalent ounces in 2025, with stable production guidance for 2026 and 2027 [43][44]. - The attributable production cost of sales is expected to be $1,120 per ounce in 2025, reflecting a moderate increase due to lower overall production and inflationary impacts [44][45]. - Attributable capital expenditures for 2025 are forecasted to be approximately $1,150 million [50]. Sustainability and Community Engagement - Kinross is on track to achieve a 30% reduction in emissions intensity by 2030, having implemented over 15 energy efficiency projects in 2024 [56]. - The company provided flood relief aid to communities in Mauritania and Brazil, demonstrating its commitment to local community support [57]. - Kinross was recognized for its corporate governance, ranking as the top gold mining company in The Globe and Mail's annual corporate governance ranking [58].

CHICAGO, Feb. 11, 2025 /PRNewswire/ -- International Day of Women and Girls in Science, celebrated annually on February 11, highlights the vital contributions of women in science, technology, engineering, and mathematics (STEM) while promoting inclusion in these historically male-dominated fields. Recognized by the United Nations, the day inspires future innovators and underscores the importance of diverse voices in solving global challenges. In recognition of International Day of Women and Girls in Scie ...

Core Insights - Kellanova delivered strong fourth-quarter 2024 results, with both top and bottom lines exceeding Zacks Consensus Estimates, and year-over-year earnings growth [1][4] - Despite a year-over-year decline in sales, organic sales increased due to improved volumes and price/mix [1][5] Financial Performance - Adjusted earnings per share (EPS) reached 92 cents, a 17.9% increase year over year, surpassing the Zacks Consensus Estimate of 82 cents [4] - Net sales totaled $3,124 million, exceeding the Zacks Consensus Estimate of $3,093 million, but reflecting a 1.6% decline year over year due to unfavorable currency movements [5] - Organic net sales grew by 7%, driven by improved volumes and price/mix [5] - Adjusted operating profit increased by 14.4% to $448 million, with a 19.9% rise to $470 million on a currency-neutral basis [6] Segment Performance - North America segment sales were $1,561 million, down 1.7% year over year, with organic sales falling 1.5% [7] - Europe segment revenues totaled $601 million, down 2% year over year, with organic sales dropping 1.2% [7] - Latin America revenues were $303 million, down 7.6% year over year, but organic sales increased by 5.5% [8] - Asia Pacific and Middle East & Africa segment revenues reached $659 million, up 2.1% year over year, with organic sales jumping 36.4% [8] Cash Flow and Debt - Kellanova ended the quarter with cash and cash equivalents of $694 million, long-term debt of $4,998 million, and total equity of $3,882 million [9] - The company generated net cash from operating activities of $1,760 million for the year ended December 28, 2024, with capital expenditures of $628 million and free cash flow of $1,132 million [9] Stock Performance - Kellanova's shares have increased by 10.5% over the past six months, outperforming the industry growth of 5.3% [10]

Core Insights - Kellanova reported $3.12 billion in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 1.6% but exceeding the Zacks Consensus Estimate by 1% [1] - The earnings per share (EPS) for the same period was $0.92, which is an increase from $0.78 a year ago, representing a surprise of 12.2% over the consensus estimate of $0.82 [1] Financial Performance Metrics - Net sales in the AMEA region experienced a significant decline of 34.3% compared to the three-analyst average estimate of -28.9% [4] - Total reported growth was -1.6%, slightly better than the estimated -2.6% by three analysts [4] - North America net sales showed a volume impact year-over-year change of 0.5%, outperforming the estimate of 0.2% [4] - Price/mix impact in North America was a decline of 2%, contrasting with the average estimate of a 0.7% increase [4] - Europe net sales were reported at $601 million, which is lower than the estimated $641.84 million, representing a year-over-year decline of 2% [4] - Latin America net sales were $303 million, slightly below the average estimate of $304.79 million, with a year-over-year change of -7.6% [4] - The stock has returned +0.4% over the past month, underperforming the Zacks S&P 500 composite's +2.1% change [3]

Group 1 - Kellanova reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.82 per share, and up from $0.78 per share a year ago, representing an earnings surprise of 12.20% [1] - The company achieved revenues of $3.12 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1%, although this is a decrease from $3.17 billion in the same quarter last year [2] - Kellanova has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Group 2 - The stock has gained approximately 1.1% since the beginning of the year, underperforming compared to the S&P 500's gain of 3.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $1.02 on revenues of $3.19 billion, and for the current fiscal year, it is $3.92 on revenues of $12.92 billion [7] Group 3 - The Consumer Products - Discretionary industry, to which Kellanova belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, which may impact stock performance [8] - The Zacks Rank for Kellanova is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]

Kellanova posted robust Q4 2024 earnings, driven by strong organic growth and improved profit margins.Kellanova (K 0.06%), a snacks-focused company celebrated for brands like Pringles and Cheez-It, released its fourth quarter results on February 6, 2025. It reported better-than-expected financial performance, driven by solid organic growth. Adjusted EPS rose to $0.92, surpassing analysts' expectations of $0.83. The quarter's reported operating profit saw a substantial increase of 62.2% year-over-year, refle ...

Pending Transaction: As announced on August 14, 2024, Mars, Incorporated, a family-owned, global leader in pet care, snacking, and food, and Kellanova, a leading company in global snacking, international cereal and noodles, North American plant-based foods, and frozen breakfast foods, had entered into a definitive agreement under which Mars has agreed to acquire Kellanova for $83.50 per share in cash. Shareowners approved this proposed transaction on November 1, 2024. The transaction is subject to customary ...