Kellanova

NYSE:KUnited States

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• DJ Kellanova Up Over 8%, on Pace for Largest Percent Increase Since March 2020 -- Data Talk, from 23 minutes ago by Dow Jones

  23 minutes ago by Dow Jones
  Companies Mentioned: K
  
  Kellanova (K) is currently at $61.65, up $4.67 or 8.2%
  
  --Would be highest close since Aug. 3, 2023, when it closed at $62.16
  
  --On pace for largest percent increase since March 17, 2020, when it rose 10.65%
  

• DJ Kellanova Sales Volume Suffer Amid Higher Prices -- Market Talk, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: K
  
  0928 ET - Kellanova says demand for its snacks softened in the latest quarter as the company pushed prices for its goods higher. The maker of Pringles and Pop Tarts says sales volume slid 3% while prices increased nearly 9%. Europe posted the biggest volume decline at 7%, followed by a 5% decrease in North America. Kellanova CEO Steve Cahillane says the company's volumes and market share are beginning to improve as the company returns to "full commercial activity," in the market this year. Shares up 2% in pre-market trading. (jesse.newman@wsj.com)
  

• Kellanova Q1 Adjusted Earnings Rise, Revenue Slips -- Shares Up Pre-Bell, from 1 hour ago by MT Newswires

  1 hour ago by MT Newswires
  Companies Mentioned: K
  09:03 AM EDT, 05/02/2024 (MT Newswires) -- Kellanova (K) reported Q1 adjusted earnings Thursday of $1.01 per diluted share, up from $0.78 a year earlier. Analysts polled by Capital IQ expected $0.85. Net sales for the quarter ended March 31 was $3.2...

• DJ Kellanova 1Q Profit Rises Despite Lower Sales, Volumes, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: K
  
  By Dean Seal
  
  Kellanova logged lower sales and volumes in the first quarter, but higher earnings as margins improved.
  
  The Pop-Tarts and Rice Krispies Treats maker formerly known as Kellogg posted an operating profit of $393 million, or 78 cents a share, compared with $346 million, or 67 cents a share, in the same quarter a year ago.
  

• DJ Kellanova's Profit Falls Short Of Estimates As Sales Beat -- MarketWatch, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: K
  
  Kellanova (K) the packaged food giant formerly known as Kellogg, said Thursday it had net income of $267 million, or 78 cents a share, in the first quarter, down from $298 million, or 86 cents a share, in the year-earlier period. Sales fell to $3.200 billion from $3.342 billion a year ago. The FactSet consensus was for EPS of 85 cents and sales of $3.163 billion. CEO Steve Cahillane said there were "tangible signs that this year's return to full commercial activity is taking hold in the marketplace and beginning to restore volume and share." The company again backed full-year guidance which calles for adjusted EPS of $3.55 to $3.65. The company is expecting organic-basis net sales - which exclude the impact of currency and acquisitions - to grow about 3%, within its long-term target range, led by priority snacks brands and emerging markets. The stock was slightly lower premarket and has gained 1.9% in the year through Wednesday's close, underperforming the S&P 500 , which is up 5.2%.