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Kellanova, Albertsons join forces to fight food insecurity in southern Montana
KKellogg(K) prnewswire.com·2024-05-23 15:30

Core Insights - Kellanova has donated 15,000totheEducationFoundationforBillingsPublicSchoolstosupportsummertimemealprogramsforstudentsinBillings[1][3]−ThedonationispartofKellanova′sBetterDays™Promise,whichaimstoaddresshungerincommunities[1][4]−ThefundswillspecificallysupporttheMunchMobileprogram,whichprovidesfoodandhygieneproductsto200needystudentseachweekduringthesummer[3][4]CompanyOverview−Kellanovaisaleaderinglobalsnacking,internationalcerealandnoodles,andNorthAmericafrozenfoods,withnetsalesof15,000 to the Education Foundation for Billings Public Schools to support summertime meal programs for students in Billings [1][3] - The donation is part of Kellanova's Better Days™ Promise, which aims to address hunger in communities [1][4] - The funds will specifically support the Munch Mobile program, which provides food and hygiene products to 200 needy students each week during the summer [3][4] Company Overview - Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods, with net sales of 13 billion in 2023 [5] - The company aims to feed 400 million people facing food insecurity by the end of 2030 through food donations and feeding programs for children [4][6] - Kellanova's vision is to become the world's best-performing snacks-led powerhouse, leveraging its differentiated brands [5][6] Industry Context - Albertsons, a partner in this initiative, operates stores across 34 states and the District of Columbia, contributing over $200 million in food and financial support in 2022 [7] - The collaboration between Kellanova and Albertsons highlights the commitment of both companies to tackle hunger and support local communities [1][4][7] - The need for hunger relief is underscored by the fact that 34 million people in America are uncertain about their next meal [3]