WK Kellogg Co (NYSE:KLG) Q2 2024 Earnings Conference Call August 6, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Finance and IR Gary Pilnick - Chairman and CEO Dave McKinstray - Chief Financial Officer Conference Call Participants Kenneth Goldman - JPMorgan David Palmer - Evercore ISI Peter Galbo - Bank of America Max Gumport - BNP Paribas Scott Marks - Jefferies Robert Moskow - TD Cowen Operator Good afternoon. And welcome to the Q2 WK Kellogg Company Earnings Conference Call. Today’s ...

Exhibit 99.1 | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------------| | | | | | WK Kellogg Co Financial News Release | | | Analyst Contact: | | | Karen Duke (269) 401-3164 Matt Harrison (269) 401-3326 Media Contact: Stacy Flathau (269) 401-3002 | WK Kellogg Co Announces Second Quarter Financial Results and Next Steps of Supply Chain Modernization Plan BATTLE CREEK, Mich. - August 6, 2024 - WK Kellogg Co (NYSE: KLG), a le ...

BATTLE CREEK, Mich., Aug. 6, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 second quarter results in documents posted to the company website at https://investor.wkkellogg.com/news-events/events-and-presentations/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 furnished with the U.S. Securities and Exchange Commission and is available on its website at www. ...

Kellogg's stock was recently down 2.5% to $15.72 after the bank's analysts cut their rating on the stock to "underperform" from "neutral" and their price target to $17 from $24. Kellogg's "value creation story lies in meaningful 2026 margin expansion which now seems less assured," the analysts wrote. Do you have a news tip for Investopedia reporters? Please email us at Shares of Rice Krispies and Special K maker WK Kellogg (KLG) slipped Wednesday after Bank of America Securities put a bearish rating on the ...

Too often spinoff stocks don't perform well out of the gate. Because an investor bought the business of the parent company, he doesn't care too much about whatever side project is being shed. When the spinoff stock shows up in his account, he sells it and banks the "free" cash. However, investing legend Joel Greenblatt says spinoffs are actually a great buying opportunity. In his classic investing book, "You Can Be a Stock Market Genius," Greenblatt says because the discarded unit was never able to be prope ...

Our fair value estimate for WK Kellogg Co. (Spin-Off) stands at $23.00 (Previously $12.50) per share based on a 2024e EV/ EBITDA multiple of 9.0x (~3% discount to peer median multiple of 9.3x). We maintain a 'Hold' rating on WK Kellogg Co. with an implied upside of 5.6% from the current market price of $21.77 as of 5/10. The upgrade in our target price is due to the stable top-line performance, with improved margins since 4Q23 results. The company raised its FY24 guidance in its 4Q and FY23 results on the b ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2024 OR ☐ 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 001-41755 WK Kellogg Co State or other jurisdiction of incorporation or organization— Delaware IRS Employer Identi ...

WK Kellogg Co. (NYSE:KLG) Q1 2024 Earnings Conference Call May 7, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Planning and Investor Relations Gary Pilnick - Chief Executive Officer and Chairman of the Board Dave McKinstray - Chief Financial Officer Conference Call Participants Ken Goldman – J.P. Morgan Peter Galbo - Bank of America Andrew Lazar – Barclays David Palmer - Evercore ISI Max Gumport - BNP Paribas Robert Moskow - TD Cowen Robert Dickerson - Jefferies Operator Good day and we ...

Exhibit 99.1 WK Kellogg Co Financial News Release Analyst Contact: Karen Duke (269) 401-3164 Matt Harrison (269) 401-3326 Media Contact: Stacy Flathau (269) 401-3002 WK Kellogg Co Announces First Quarter Financial Results; Company Reaffirms 2024 Guidance BATTLE CREEK, Mich. - May 7, 2024 - WK Kellogg Co (NYSE: KLG), a leading manufacturer, marketer and distributor of branded ready-to-eat cereal in the U.S., Canada, and Caribbean, today reported financial results for its first quarter ended March 30, 2024. F ...

BATTLE CREEK, Mich., May 2, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors declared a dividend of $0.16 per share on the common stock of WK Kellogg Co, payable on June 14, 2024, to shareowners of record at the close of business on May 31, 2024. The ex-dividend date is May 31, 2024. About WK Kellogg Co At WK Kellogg Co, we bring our best to everyone, every day through our trusted foods and brands. Our journey began in 1894, when our founder W.K. Kellogg reimagined ...