Dernières nouvelles pour Kellanova (NYSE:K) Stock

Kellanova

Kellogg

Following its split from the North American cereal business in October 2023, Kellanova (previously the global snacking arm of Kellogg) has operated as a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in over 180. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about nearly two thirds of Kellanova's consolidated sales base. Mars is slated to acquire the recently independent business in a nearly $36 billion deal in the first half of calendar 2025.

KAIROUS ACQUISITION CORP LTD SHS

KAIROUS ACQUISITION CORP by Kairous Acquisition Corp.

Kairous Acquisition Corp Ltd

KAIROUS ACQUISITION CORP LTD RT

KAIROUS ACQUISITION CORP LTD UNIT 1 SHS & 1/2 WT EXP & 1 RT

KAIROUS ACQUISITION CORP LTD WT EXP

Koa Corp

Kairous Acquisition Corp Ltd Units (1 Ord Share & 1/2 War & 1 Right)

Kairous Acquisition Corp Ltd Warrants (15/09/2026)

KANSAI ELEC POWER INC by Kansai Electric Power Co., Inc. (The)

Kansai Electric Power Co Inc

KANSAI ELEC PWR UNSP/ADR by Kansai Electric Power Co., Inc. (The)

KAHALA CORP FL by Kahala Corp.

KAHOOT ASA U/ADR by Kahoot! ASA

Kadant Inc

KardiaChain

KAIROS MINERALS LTD ORD by Kairos Minerals Ltd.

Kairos Minerals Ltd

KAWASAKI KISEN UNS/ADR by Kawasaki Kisen Kaisha, Ltd.

Kawasaki Kisen Kaisha Ltd

Kajima Corp

KAWASAKI KISEN KAIS NEW by Kawasaki Kisen Kaisha, Ltd.

Kaspi.kz JSC GDR

Kala Bio Inc

Kal Energy Inc

KraneShares Trust KraneShares MSCI All China Index ETF

Kalmar

KALGOORLIE GOLD MNG LTD by Kalgoorlie Gold Mining Ltd.

Kalgoorlie Gold Mining Ltd

Kallo Inc Com

KALERA PUBLIC LIMITED NEW by Kalera Public Limited Company

Kalera PLC

Kaiser Aluminum Corporation - Common Stock

Kaiser Aluminum Corp

KalVista Pharmaceuticals, Inc. - Common Stock

KalVista Pharmaceuticals Inc

Kali Inc

Kaman Corp. Cl. A Com.

KALAMAZOO RESOURCES by KALAMAZOO RESOURCES LTD.

Kalamazoo Resources Ltd

BitKan - United States Dollar

Kaneka Corp

Kaanapali Land LLC

Kineta Inc

kaonavi Inc

Kao Corp

Kairos Pharma Ltd

KAP AG by KAP AG

Innovator U.S. Small Cap Power Buffer ETF - April

Openlane Inc

Karura - United States Dollar

KARATE - United States Dollar

ETF Series Solutions Carbon Strategy ETF

KARO PHARM AKTIEBOLAG ORD by Karo Pharma Aktiebolag

Koala Corp

KARMA

KERNEL HOLDING SA ORD by Kernel Holding SA

Kernel Holding SA

Karooooo Ltd

Karrat - United States Dollar

KraneShares Electric Vehicles and Future Mobility Index ETF

Karbon-X Corp

KAS - United States Dollar

INTELLABRIDGE TECH CORP by INTELLABRIDGE TECHNOLOGY CORP.

Intellabridge Technology Corp

Kasten Inc Com

ZHENGDUOZHE TECHNOLOGY by Zhengduozhe Technology, Inc

Zhengduozhe Technology Inc

Kambria

KATANA BROADBAND CORP by Katana Broadband Corporation

KAT Exploration Inc

GOLKOR Inc

Innovator ETFs Trust Innovator US Small Cap Power Buffer ETF - August

Kaiser Reef Ltd

Kava - United States Dollar

Kaival Brands Innovations Group, Inc. - Common Stock

Kaival Brands Innovations Group Inc

Kaya Holdings Inc

KB Financial Group Inc

KraneShares Bosera MSCI China A 50 Connect Index ETF

KraneShares 2x Long BABA Daily ETF

KONINKLIJKE BAM GROEP NV by Koninklijke BAM Groep NV

Koninklijke Bam Groep NV

Kimball International, Inc. Cl B Com

KUBOTA PHARMA HLD ORD by Kubota Pharmaceutical Hldgs Co Ltd

KBC Groupe NV

Kayne Anderson BDC Inc

KINGBOARD CHEML HLDGS ORD by Kingboard Holdings Ltd.

Kingboard Holdings Ltd

KINGBOARD HLDGS UNS/ADR by Kingboard Holdings Ltd.

SPDR S&P Bank ETF

Lion Rock Resources Inc A

KONGSBERG GRUPPEN U/ADS by Kongsberg Gruppen ASA

Kongsberg Gruppen ASA

KB Home

KRAIG BIOCRAFT LABS INC by Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories Inc

KUBELL CO LTD by KUBELL CO LTD

KINGSTON BANCSHARES INC by KINGSTON BANCSHARES INC

KraneShares Trust Bloomberg China Bond Inclusion Index ETF

Kubient Inc

KYTO TECH & LIFE SCIENCE by Kyto Technology and Life Science, Inc.

KBR Inc

Kobo Resources Inc

K-Bro Linen Inc

KBS Real Estate Investment Trust II Inc

KBS GROWTH & INCME REIT A by KBS GROWTH & INCOME REIT INC.

Citigroup analyst Thomas Palmer reinstates Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) with a Neutral and announces $83.5 price target.

News

Price Target

Initiation

Analyst Ratings

Citigroup Reinstates Neutral on Kellanova, Announces $83.5 Price Target

Earnings

ACLS

AHCO

ALAB

ALGS

ALGT

AMTM

ANDE

ANET

ANGI

ARDT

ARIS

ARMK

ARQT

ARRY

ATKR

ATOM

ATRO

AUDC

AVNS

AVNT

AVNW

AZEK

BALL

BBNX

BCAB

BLDP

BRLT

BWIN

BWMN

CCCS

CCLD

CDRE

CELH

CGAU

CGBD

CHMI

CHRD

CIFR

CIGI

CLDT

CLOV

COTY

CPAY

CPIX

CPNG

CRCT

CRIS

CRMD

CRSR

CRUS

CURI

CVGI

CXDO

CYTK

DASH

DAWN

DDOG

DOCN

DRCT

DRVN

DVAX

ENLT

EOSE

Embraer-Empresa Brasileira De Aeronautica

ESPR

EVGO

Earnings Scheduled For May 6, 2025

Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) reported a <a href="https://www.benzinga.com/pressreleases/25/05/n45132197/kellanova-reports-2025-first-quarter-results">first-quarter FY24 sales decline </a>of 3.6% year-on-year to $3.08 billion, missing the analyst consensus estimate of $3.18 billion.
While net sales were impacted by negative currency translation and widespread category softness, the Company sustained growth on an organic basis, led again by its emerging markets. Adjusted EPS of $0.90 <a href="https://www.benzinga.com/earnings">missed the consensus</a> estimate of $1.01.
North America's sales<a href="https://s203.q4cdn.com/897568180/files/doc_financials/2025/q1/K-Q1-2025-RESULTS.pdf"> recorded a 4% decline</a>, Europe fell 3%, Latin America's sales plunged 15%, and Asia Pacific, Middle East and Africa's (AMEA) sales increased by 3%.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/downgrades/25/04/45117074/starbucks-faces-brand-margin-headwinds-as-analysts-react-to-disappointing-q2">Starbucks Faces Brand, Margin Headwinds As Analysts React To Disappointing Q2</a>
Selling, general&nbsp;and&nbsp;administrative expenses fell 1.4% Y/Y at $629 million. Operating margin was 13.9%, and operating income for the quarter increased 9.4% to $430 million.
The company's reported gross margin expanded 210 basis points to 34.3%, while the adjusted gross margin contracted 80 basis points to 34.9%.
The company held $330 million in cash and equivalents as of March 29 and generated an operating cash flow of $116 million year-to-date.
Mars acquisition of Kellanova for $83.50 per share in cash is expected to close in the first half of 2025.
"Our organization demonstrated focus and determination in managing through what is undeniably an uncertain macroeconomic and industry environment,&#8221; said Steve Cahillane, chairman, president and CEO.
&#8220;We delivered against our budget in the quarter, led by our emerging markets, and we are encouraged by our improvement in category share performance in key markets around the world. Meanwhile, we are planning contingencies and taking action for managing through continued global economic uncertainty, even as we prepare for our next chapter as part of a global snacking powerhouse with Mars.&#8221;
Price Action: K shares traded lower by 0.17% at $82.63 at last check on Thursday.
Read Next: <a href="https://www.benzinga.com/tech/25/04/45113606/li-autos-next-evs-to-feature-cleaner-cabin-materials">Li Auto&#8217;s Next EVs To Feature Cleaner Cabin Materials</a>
Photo: Shutterstock

General

Kellanova Misses Q1 Revenue And Earnings Estimates Due To Weak Global Demand And Currency Pressure

Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) reported quarterly earnings of $0.90 per share which missed the analyst consensus estimate of $1.01 by 10.89 percent. This is a 10.89 percent decrease over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $3.08 billion which missed the analyst consensus estimate of $3.18 billion by 3.02 percent. This is a 3.66 percent decrease over sales of $3.20 billion the same period last year.

Comments

Kellanova

Actualités

Dernières nouvelles pour Kellanova (NYSE:K) Stock

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL