Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Kellogg

Pringles is an American brand of potato and wheat-based stackable snack chips owned by Kellogg's. Originally marketed as "Pringle's Newfangled Potato Chips", Pringles are sold in more than 140 countries,and it was the fourth most popular snack brand after Lay's, Doritos and Cheetos in 2012, with 2.2% market share globally, compared to Lay's share of 6.7%. The snack was originally developed by Procter & Gamble (P&G), who first sold the product in 1967. P&G sold the brand to Kellogg's in 2012.

Pringles

Kashi is a maker of whole grain cereals and other plant-based foods sourced from regular farming practices. Founded in San Diego in 1981, the company makes over 90 products sold in the U.S. and Canada. Its original cereal pilaf was identified by the tagline “Seven Whole Grains on a Mission.” The company name is a blended term derived from “kashruth,” meaning kosher or pure food, and “Kushi," the last name of the founder of American macrobiotics, Michio Kushi. As of summer 2016, all Kashi products are Non-GMO Project Verified.

Kashi

Cheez It is a cheese cracker manufactured by the Kellogg Company through its Sunshine Biscuits division. Approximately 26 by 24 mm (1.0 by 0.95 inch), the almost square crackers are made with wheat flour, vegetable oil, sharp cheddar cheese, salt, and spices.

Cheez It

Bear Naked is a prepared foods company that produces granola, granola bars and ready to eat cereal. Bear Naked was founded in 2002 by Kelly Flatley and Brendan Synnott. In 2007, Bear Naked was purchased by Kashi Company, a subsidiary of Kellogg Company.

Bear Naked

Eggo is a brand of frozen waffles in the United States, Canada and Mexico, which is owned by the Kellogg Company. Several varieties are available, including homestyle, miniature, cherry, blueberry, strawberry, vanilla bliss, brown sugar cinnamon, apple cinnamon, buttermilk, and chocolate chip.

Eggo

Keebler Comapny is the second largest cookie and cracker manufacturer in the United States. Founded in 1853, it has produced numerous baked snacks. Keebler has marketed its brands such as Cheez-It (which have the Sunshine Biscuits brand), Chips Deluxe, Club Crackers, E.L. Fudge Cookies, Famous Amos, Fudge Shoppe Cookies, Murray cookies, Austin, Plantation, Vienna Fingers, Town House Crackers, Wheatables, Sandie's Shortbread, Chachos and Zesta Crackers, among others. The Keebler slogans are "Uncommonly Good" and "a little elfin magic goes a long way". Tom Shutter and Leo Burnett wrote the familiar jingle.

Keebler Comapny

Pop-Tarts  is a brand of rectangular, pre-baked, convenience food toaster pastries that the Kellogg Company introduced in 1964. Pop-Tarts have a sugary filling sealed inside two layers of thin, rectangular pastry crust. Most varieties are also frosted. Although sold pre-cooked, they are designed to be warmed inside a toaster or microwave oven. They are usually sold in pairs inside Mylar (previously foil) packages and do not require refrigeration.

Pop-Tarts

Kellanova engages in the manufacturing, marketing, and distribution of ready-to-eat cereal and convenience foods. It operates through the following segments: North America, Europe, Latin America, and Asia Middle East Africa. The North America segment includes the U.S. businesses and Canada. The Europe segment consists of European countries. The Latin America segment focuses on Central and South America, and Mexico. The Asia Middle East Africa segment is involved in Africa, Middle East, Australia, and Other Asian and Pacific markets. The company was founded by Will Keith Kellogg in 1906 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Kellogg excels in Q4 2022, eyes growth in emerging markets

Kellogg's strong Q4 performance and strategic actions position it well for continued growth. Challenges in Europe require focused margin stabilization efforts, while opportunities in snacking and emerging markets offer avenues for future expansion.

Kellogg reports strong Q1 earnings, eyes growth amid inflation challenges

Kellogg's Q1 2023 performance reflects robust financial results, strong momentum in key business segments, and strategic investments for growth. While challenges like inflation and business separations exist, the company's strengths in brand building and marketing innovation position it well for future opportunities. Kellogg's focus on resilience and strategic investments underscores its commitment to sustained growth.

Kellogg surpasses Q2 expectations, raises guidance amid strategic opportunities

Kellogg delivered strong Q2 results, raising full-year guidance and showcasing operational strength. Challenges include managing pricing actions in emerging markets and currency impacts. Opportunities lie in increased brand investments, pending company separation, and upcoming Investor Day insights.

Kellogg reports strong Q3 results, eyes international growth opportunities

Kellogg's Q3 performance showcased growth in net sales and operating profit, with a focus on global reach and brand strength.
Challenges include volume lagging behind revenue growth, currency impacts on pricing strategies, and consumer behavior shifts.
Opportunities lie in international growth, M&A aspirations, and returning to full merchandising to drive volume and revenue growth.
Overall, Kellogg's strategic focus on snacks, emerging markets, and profitability positions the company for future success amidst industry dynamics.

Kellogg exceeds Q4 expectations, eyes international expansion and margin growth

Kellogg's strong Q4 2023 performance and optimistic guidance for 2024 reflect a focus on growth and margin expansion. The company plans to increase brand investments, expand distribution internationally, and improve gross margins. Challenges include FX headwinds and operational adjustments from reorganization efforts.

Kellogg (K) exceeds Q1 expectations, eyes international growth opportunities

Kellogg's Q1 2024 earnings call showcased strong performance, reaffirmed guidance, and a focus on brand building and innovation. Despite challenges in various regions and uncertainties, the company remains confident in its outlook for the year. With a strategic approach to growth and value creation, Kellogg is well-positioned to capitalize on opportunities and navigate market dynamics.

Kellogg reports robust Q2 earnings, eyes sustained growth through innovation

Kellogg's strong Q2 performance, driven by organic growth and margin improvement, underscores its resilience and strategic focus. The company's commitment to innovation, brand-building, and geographic strength bodes well for future growth. Challenges in regional performance and evolving consumer trends highlight the need for continued strategic agility.

Revenue

Cost of revenue

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SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Kellanova (NYSE:K ) Q3 2023 Earnings Conference Call November 8, 2023 9:30 AM ET Company Participants John Renwick - Vice President of Investor Relations & Corporate Planning Steve Cahillane - Chairman, President & Chief Executive Officer Amit Banati - Vice Chairman & Chief Financial Officer Conference Call Participants Jason English - Goldman Sachs Nik Modi - RBC David Palmer - Evercore ISI Ken Goldman - JPMorgan Michael Lavery - Piper Sandler Max Gumport - BNP Paribas Bryan Spillane - Bank of America Alexia Howard - Bernstein Robert Dickerson - Jefferies Steve Powers - Deutsche Bank Operator Good morning, and welcome to the Kellanova Third Quarter 2023 Earnings Call. All lines have been placed on mute to prevent any background noise.

Kellanova (K) Q3 2023 Earnings Call Transcript

Kellanova (K) delivers third-quarter 2023 results for the company that formerly operated as Kellogg Company. Management offers fourth-quarter guidance for Kellanova.

Kellanova (K) Stock Up on Former Kellogg's Q3 Earnings Beat

The headline numbers for Kellanova (K) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Kellanova (K) Reports Q3 Earnings: What Key Metrics Have to Say

Shares of Kellanova K, -0.86%, formerly known as Kellogg, rose 2.1% toward a five-week high in premarket trading Wednesday, after the snacks and frozen foods company beat third-quarter profit expectations, but missed on revenue and provided a downbeat outlook. Net income fell to $269 million, or 78 cents a share, from $310 million, or 90 cents a share, in the year-ago period.

Kellanova stock rises, as the former Kellogg beats profit expectations while revenue and the outlook misses

CHICAGO , Nov. 8, 2023 /PRNewswire/ -- Kellanova (NYSE: K) today published its 2023 third quarter earnings results in documents posted to the company website at https://investor.kellanova.com/financials/quarterly-results/default.aspx. Documents immediately available include: the financial press release and tables, GAAP reconciliations, and presentation slides.

Kellanova Reports 2023 Third Quarter Results

Kellanova (K) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Kellanova (K) Q3 Earnings Expected to Decline

Icahn Enterprises

Coca-Cola

High dividend yields don't always make stocks attractive for investors. Often, stocks with high dividend yields can represent some of the worst investments available.

3 Stocks to Skip Despite Their Delicious Dividend Yields

The unexpected waffle-inspired robotic vacuum is keeping kitchen floors spotless and tummies full this holiday season BATTLE CREEK, Mich. , Oct. 25, 2023 /PRNewswire/ -- The most wonderful, and chaotic, time of the year is right around the corner, which means families and holiday enthusiasts are gearing up for holiday festivities and the messes that come with them.

EGGO® AND BISSELL® DROP LIMITED-EDITION EGGOVAC TO HELP SIMPLIFY PARENTS' TO-DO LISTS DURING THE BUSIEST TIME OF THE YEAR

AbbVie

Amazon

Johnson & Johnson

Realty Income Corp

Procter & Gamble

Navigating the thunderstorm of fluctuating markets, savvy investors anchor their portfolios with the best forever stocks. These stocks have proven resilient in the face of economic uncertainties and continue to flourish amid influential megatrends.

The 7 Best Forever Stocks to Buy for October 2023

Devon Energy

Microsoft

NextEra Energy

Pfizer

Recently, investors searching for dividend stocks to buy have seen more opportunity. Some looking for income over a longer term horizon have flooded into the bond market.

7 Dividend Stocks to Buy and Hold Forever and Ever

Campbell Soup

First Trust Nasdaq Food & Beverage ETF 

Hershey

Keurig Dr Pepper Inc

WK Kellogg Co

Mondelez

PepsiCo

J. M. Smucker

Hostess Brands

Walmart

It may be time to eat, drink and buy the dip in food and beverage stocks. Shares of Coca-Cola (NYSE: KO ), Pepsi (NASDAQ: PEP ) and several other sugary drink and snack companies have been pummeled lately due to concerns that the rising popularity of injectable weight loss drugs like Novo Nordisk's (NYSE: NVO ) Ozempic and Wegovy and Eli Lilly's (NYSE: LLY ) Mounjaro is leading to a reduced appetite for guilty culinary pleasures.

Food and Beverage Stocks Look Appetizing After Ozempic Selloff

Kellogg has broken itself into two companies. Such good company/bad company spinoffs are common on Wall Street.

Why Kellogg Stock Just Got the Boot From My Portfolio

General Mills

Kraft Heinz

Eli Lilly

McCormick

Novo Nordisk

Invesco Dynamic Food & Beverage ETF

Simply Good Foods

Tyson Foods

Consumer Staples Select Sector SPDR Fund

Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food companies may be most affected. They published the results in a report Friday.

What exactly are patients taking new weight-loss drugs eating and what are they avoiding? Bernstein asked them.

Hormel Foods

1 Dividend Legend Potentially Set To Soar And 2 To Ignore

Medtronic

Spin-offs are almost always pitched as a way to create value for shareholders, but that's not always what happens. Kellogg recently broke into two companies, Kellanova and WK Kellogg.

You Can't Control Spin-Offs, but You Can Control What You Do About Them

Conagra Brands

Packaged-food stocks are in the red as of late, and it may indicate that consumers are shifting to fresh produce, meat, deli, and bakery products.

Food Stocks Are Falling. Don't Blame Ozempic.

Nestle SA

Constellation Brands

Anti-diabetic drugs like Ozempic and Wegovy which are being touted for their weight loss and appetite-suppressing benefits are slamming stocks of beer and snack distributors.

Ozempic craze sends beer and snack stocks plummeting

Kellanova has spun off its WK Kellogg Co business, with investors receiving one share in WK Kellogg for every four shares owned in Kellanova. WK Kellogg is a $2.7 billion business focused on cereal, with plans to turn around its business in a huge way in the coming years. Kellanova is the larger remaining business, expected to generate $13 billion in sales this year and trade at a reasonable multiple.

Kellanova: An Intriguing Spinoff Of WK Kellogg

Kellanova (K) concludes the separation of its North American cereal business, WK Kellogg Co, to unlock its full standalone potential.

Kellanova (K) Concludes Business Separation to Fuel Growth

BATTLE CREEK, Mich. , Oct. 3, 2023 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today is celebrating its launch as an independent, publicly traded company with the completion of its planned separation from Kellanova (NYSE: K), formerly Kellogg Company, on October 2, 2023.

WK KELLOGG CO CELEBRATES LAUNCH AS AN INDEPENDENT COMPANY

Kellogg officially split into two distinct, publicly traded companies, and shares of both tumbled on Monday in their first trading session since the separation.

Kellogg Splits Into Two Firms, and Shares of Both Tumble in First Session After Separation

Kellogg has split into two companies, trying to unlock better growth for Kellanova. The market appears to have overcompensated for the spinoff.

Here's Why Kellanova Stock -- Formerly Kellogg -- Dropped Today

Kellogg's cereal business began trading as “WK Kellogg Co” on the New York Stock Exchange Monday after spinning off from its parent company.  The remaining business, which includes snack brands such as Pringles and Cheez-It plus North American frozen food brands like Morningstar Farms, has been renamed Kellanova.

Kelloggs brand split goes into effect Monday but shares of both companies fall

Kellanova — the company once known as Kellogg — said the spin-off of its cereal business is official. The company announced Monday (Oct. 2) that it had completed the separation, with WK Kellogg Co. now trading on the New York Stock Exchange, allowing Kellanova to focus on its snack business.

Kellogg's Cereal Business Split Becomes Official

WK Kellogg (NYSE: KLG ) stock made its public debut today as the cereal company completes its spinoff from Kellogg. Let's go over everything investors in Kellogg need to know about this split and how it affects the company.

News for Kellogg Stock (K)