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.

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Cost of revenue

Gross profit

Operating expenses

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

Kraft Heinz

Tyson Foods

On 8/31/23, Kellogg, Kraft Heinz, and Tyson Foods will all trade ex-dividend

Ex-Dividend Reminder: Kellogg, Kraft Heinz And Tyson Foods

Pringles new limited-time flavor packs the everything bagel experience into delicious crisps BATTLE CREEK, Mich. , Aug. 29, 2023 /PRNewswire/ -- Forget the toaster, the snacking innovators at Pringles® are bringing a mess-free, delicious burst of "everything" bagel flavor in one easy-to-eat crisp.

NEW PRINGLES® EVERYTHING BAGEL PUTS A CRISP TWIST ON A TRENDING, FAN-FAVORITE FLAVOR

BATTLE CREEK, Mich., Aug. 25, 2023 /PRNewswire/ -- Kellogg Company (NYSE: K) announced that it will webcast two fireside chats at the upcoming Barclays 2023 Global Consumer Staples Conference.

Kellogg Company to Webcast Two Fireside Chats at the Upcoming Barclays Global Consumer Staples Conference

Bank of America

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Cable One

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Cullen/Frost Bankers

Dover

Goldman Sachs

Mercantile Bank

MGE Energy

Martin Marietta Materials

NBT Bancorp

Regions Financial

Schwab US Dividend Equity ETF

SS&C Technologies Hlds

Skyworks Solutions

Universal Forest Products

Investors prioritize dividends as companies that consistently increase payouts tend to outperform. Lists of upcoming dividend increases are compiled, focusing on companies with at least five years of consistent dividend growth. The article provides tables and metrics for investors to analyze dividend rates, growth rates, and historical returns.

18 Upcoming Dividend Increases, Including 2 Dividend Kings

Kellogg's Q2 results were decent; although revenue slightly missed analysts' expectations, there was still an increase in net sales reported year-over-year, with adjusted EPS growing as well. The plans to split into two companies, Kellanova and WK Kellogg, remain on track with some guidance on what expectations are for each entity in terms of sales and EBITDA. The consumer staples food companies have been under pressure in terms of share price performance, and that includes K, which is presenting an attractive valuation to consider a position.

Kellogg: Decent Results And Cheap Valuation

Pringles® is turning up the festival flair this summer with themed fan experiences to immerse yourself in music and flavor at Rolling Loud Miami, HARD Summer and Life is Beautiful  BATTLE CREEK, Mich. , Aug. 17, 2023 /PRNewswire/ -- The snacking masterminds at Pringles® are rocking concertgoers' taste buds this summer, bringing its bold flavor lineup to festivals nationwide and giving fans a chance to win VIP festival tickets.

PRINGLES® BRINGS ITS BOLD FLAVOR TO SUMMER FESTIVAL SEASON WITH AN INTERACTIVE POP-UP EXPERIENCE

Kellogg (K) is dedicated to augmenting its portfolio by adding more products under existing brands, innovation and marketing initiatives.

Kellogg (K) Poised on Brand Portfolio Strength & Buyouts

The duo that brought fans festive Eggo Nog is teaming up again to introduce a new brunch-inspired cream liqueur BATTLE CREEK, Mich. , Aug. 15, 2023  /PRNewswire/ -- From dining al fresco on patios and roof decks to hosting at home with friends, brunch season is in full swing and so too are its signature specials: decadent food paired with creative cocktails.

EGGO® COLLABS WITH SUGARLANDS DISTILLING CO. TO LAUNCH BRUNCH IN A JAR, A DELICIOUS LIQUEUR MADE TO PUNCH UP BRUNCH

Kellogg and its Kashi unit have defeated appeals seeking to revive two proposed class actions accusing them of deceiving consumers about the protein content of their products.

Kellogg, Kashi defeat appeals over products' protein content

Kellogg (K) is on track to conclude its previously unveiled split into Kellanova & WK Kellogg in the fourth quarter of 2023. The company reveals financial targets for both entities.

Kellogg (K) Highlights Growth Plans for Kellanova & WK Kellogg

This is the second complaint filed this week against a company by America First Legal, a nonprofit run by Stephen Miller, who was an adviser to former President Donald Trump.

Kellogg's ‘woke' workplace diversity programs are illegal, group claims

In its eagerness to focus on snacks, Kellogg hasn't provided a convincing growth plan for its cereal spinoff.

Kellogg's Plans for Stranded Cereal Unit Look Soggy

Kellogg Company (NYSE:K) has unveiled financial targets and strategies for its cereals business WK Kellogg and snacks arm Kellanova ahead of their previously announced hive off during the fourth quarter. Management of both businesses are meeting investors today at an Investor Day ahead of the planned spin-off.

Kellogg details hopes for snack and cereals arms ahead of spin-off

Kellogg Co. K, -2.08% said Wednesday it's on track with its plan to separate into two publicly traded companies in the fourth quarter. In a statement released ahead of an investor day, the company said its North American cereals business will be folded into the new WK Kellogg Co., which will trade under the ticker ‘KLG.

Kellogg on track with plan to split into two publicly traded companies in Q4

Kellogg Company remains on track to complete the previously announced separation during the fourth quarter of 2023 At that time Kellogg Company will separate into Kellanova (NYSE: K) and WK Kellogg Co (NYSE: KLG), with existing Kellogg shareowners receiving shares in the new WK Kellogg Co Kellanova will feature a growth-oriented portfolio that is weighted toward snacks and emerging markets, and is led by highly differentiated brands with considerable opportunity for expansion; it projects net sales of approximately $13.4-13.6 billion and adjusted-basis EBITDA1 of approximately $2.25-2.3 billion3 in 2024 Kellanova expects to deliver long-term annual growth rates of 3-5% for net sales (organic basis), 5-7% for operating profit (currency neutral and adjusted basis), and 7-9% for earnings per share (currency neutral and adjusted basis), including in 2024 on a like-for-like basis excluding WK Kellogg Co Building on a foundation of iconic brands and a leading share position in North American cereal, WK Kellogg Co will focus and integrate its commercial execution and modernize its supply chain, which it expects will result in improved competitiveness, profitability, and cash flow; it projects net sales of approximately $2.7 billion and adjusted-basis EBITDA1 of approximately $255-265 million3 in 2024 Over the next three years, WK Kellogg Co expects to improve its adjusted-basis EBITDA margins by 500 basis points3 by the end of 2026, through supply chain modernization and a stable top-line trajectory BATTLE CREEK, Mich. , Aug. 9, 2023 /PRNewswire/ -- Kellogg Company (NYSE: K) today will host an investor day in which the management teams of Kellanova and WK Kellogg Co will meet with analysts and investors to unveil their respective strategies, capital structures, and financial outlooks, ahead of their planned separation during the fourth quarter of 2023.

KELLOGG COMPANY UNVEILS STRATEGIES AND FINANCIAL OUTLOOKS FOR KELLANOVA AND WK KELLOGG CO AT INVESTOR DAY

Crocs

Finally, you can put Pop-Tarts ®  on Crocs and Crocs on Pop-Tarts ® BATTLE CREEK, Mich. , Aug. 8, 2023 /PRNewswire/ -- You've never seen a collab quite like this.

POP-TARTS® AND CROCS LAUNCH LIMITED-EDITION 'CROC-TARTS' COLLAB FEATURING FIRST-EVER CANDY JIBBITZ™ CHARMS

Study commissioned by Kellogg Company Fund also offers schools, organizationsrecommendations for creating effective and impactful programs BATTLE CREEK, Mich., Aug. 7, 2023 /PRNewswire/ -- School breakfast programs are vital to building a sense of community and safety among children—according to the students who benefit from them.

We asked, they answered: Students find school breakfast programs build sense of community, research says

Kellogg donates $35,000 to support Freestore Foodbank CINCINNATI , Aug. 4, 2023 /PRNewswire/ -- Kellogg Company and Kroger have teamed up to tackle hunger in the communities they serve by donating $35,000 to Greater Cincinnati's Freestore Foodbank, whose vision is to create a hunger-free, healthy, and thriving community. "Kroger is committed to ending hunger in the communities in which it operates by improving access to fresh food for everyone," said Jenifer Moore, Corporate Affairs Manager of the Cincinnati-Dayton Division, Kroger.

Kroger and Kellogg Company Join Forces to Fight Food Insecurity

For a fifth year, Kellogg's "Rooted in the Midwest" campaign supports, encourages and recognizes farmers in the region through donations and employee volunteering BATTLE CREEK, Mich. , Aug. 4, 2023 /PRNewswire/ -- Since 2019, Kellogg Company and Meijer, two iconic Michigan-based organizations, have partnered to promote and support farming and young farmers in the Midwest through the "Kellogg's Rooted in the Midwest" campaign.

Kellogg, Meijer celebrate young Black farmers making an impact in Michigan

Kellogg Company's NYSE: K price action is mixed following the Q2 report, but details within the release suggest the company is a Buy going into its planned separation. The separation is slated to be completed in Q4 this year and will result in 2 publicly traded companies.

Is Kellogg Company A Buy Before It Splits Into 2 Businesses?

Kellogg's (K) second-quarter 2023 sales and earnings increase year over year on favorable price/mix and solid momentum across snacks. Management raises 2023 view.

Kellogg's (K) Q2 Earnings & Sales Rise Y/Y, '23 View Moves Up

Kellogg Company (NYSE:K ) Q2 2023 Earnings Conference Call August 3, 2023 9:30 AM ET Company Participants John Renwick - Vice President of Investor Relations & Corporate Planning Steve Cahillane - Chairman & Chief Executive Officer Amit Banati - Vice Chairman & Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Cody Ross - UBS David Palmer - Evercore Pamela Kaufman - Morgan Stanley Steve Powers - Deutsche Bank Alexia Howard - Bernstein Bryan Spillane - Bank of America Robert Dickerson - Jefferies Michael Lavery - Piper Sandler Matt Smith - Stifel Operator Good morning. Welcome to the Kellogg Company's Second Quarter 2023 Earnings Call.

Kellogg Company (K) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Kellogg (K) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Kellogg (K) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Kellogg (K) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.18 per share a year ago.

Kellogg (K) Beats Q2 Earnings Estimates

Shares of Kellogg Co. K, +0.68% slipped 0.7% in premarket trading Thursday, after the breakfast cereal and snacks giant reported second-quarter profit that beat expectations but sales that came up a bit shy. Net income rose to $357 million, or $1.03 a share, from $326 million, or 95 cents a share, in the year-ago period.

News for Kellogg Stock (K)