Company Overview and Strategy - Commerce's vision is to power an open, intelligent ecosystem for next-generation commerce[10] - The company aims to empower businesses to innovate and grow through an AI-driven commerce ecosystem[11] - Commerce is transitioning into the agentic era, unifying data, platform, and content needs for an AI future[18] Financial Performance - As of June 30, 2025, Commerce has an ARR (Annual Recurring Revenue) of $355 million[21] - Enterprise ARR constitutes 76% of the total ARR[21] - The Non-GAAP Gross Margin for 2Q25 is 80%[22] - Non-GAAP Operating Income improved from a loss of $14 million in 2Q22 to an income of $5 million in 2Q25[23] - Operating Cash Flow increased from a loss of $14 million in 2Q22 to a positive $14 million in 2Q25[24] B2B and B2C Solutions - B2B customers can achieve over $20 million in additional net revenue per year per 100 unique customers[47] - B2C customers experience a 619% average checkout conversion rate[52]

Core Insights - The grocery shopping landscape has undergone significant changes, necessitating leaders who are adept in omnichannel strategies that integrate online, in-store, mobile, and social commerce [2][3] - Cornell University's Omnichannel Leadership Program, in collaboration with industry leaders like Kellanova, aims to equip professionals with the necessary skills to navigate this transformation [3][4] Program Overview - The Omnichannel Leadership Program is now in its fourth year and has trained 136 professionals from 54 different companies, addressing the skills gap in omnichannel leadership [5][6] - The program features a combination of cutting-edge research from Cornell faculty and practical applications from industry leaders, ensuring a rigorous and actionable learning experience [5][6] Unique Features - The program limits attendance to 50 participants to foster deep discussions and meaningful networking opportunities [6] - The curriculum is updated annually to include the latest trends such as AI, customer experience, data analytics, and ESG, providing participants with relevant best practices [6] - Participants earn the Omnichannel Leadership Certificate from the Cornell SC Johnson College of Business, enhancing their credentials [6] Future Directions - The 2025 Omnichannel Leadership Program will take place from June 23-26 at Cornell Tech in New York City, focusing on AI-driven commerce, data analytics, and next-generation customer engagement strategies [7] - Kellanova emphasizes the importance of investing in its workforce as a means to secure the future of the industry, showcasing the value of collaboration between academia and industry [8] Company Profile - Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods, with net sales of approximately $13 billion in 2024 [9] - The company aims to create better days and promote sustainable and equitable food access, targeting to impact 4 billion people by 2030 [10]