Company Kellanova

Equities

K

US4878361082

Food Processing

Real-time Estimate Cboe BZX 02:08:17 2024-04-19 pm EDT 5-day change 1st Jan Change
57.54 USD +1.77% Intraday chart for Kellanova +4.00% +3.09%

Business Summary

Kellanova (formerly Kellogg Company) is the world leader of the production and the marketing of cereal for breakfast. Net sales (not including sold divisions) break down by family products as follows:

- snacks (61.8%): biscuits, pastries, cereal bars, waffles, etc. sold under the Kellogg's, Cheez-It, Pringles, Austin, Parati and RXBAR brands;

- cereals (20.9%): Sucrilhos, Zucaritas, Kellogg's Extra, Müsli, Choco Krispis, Coco Pops, Choco Krispies, Frosties, Fruit'n Fibre, Kellogg's Crunchy Nut, Krave, Kellogg's Extra, Country Store, Smacks, Pops, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Frosties and other brands;

- frozen products (8.3%): Eggo and Morningstar Farms brands;

- other (9%): primarily noodles.

As of February 20, 2024, the group had 21 production sites worldwide.

Net sales break down geographically as follows: North America (50.1%), Asia/Middle East/Africa (21.2%), Europe (19.1%) and Latin America (9.6%).

In October 2023, completed the separation of its North America cereal business.

Number of employees: 23,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Snacks
61.8 %
7,563 49.4 % 8,105 61.8 % +7.17%
Cereal
20.9 %
5,280 34.5 % 2,736 20.9 % -48.18%
Noodles and Other
9.0 %
1,375 9.0 % 1,186 9.0 % -13.75%
Frozen
8.3 %
1,097 7.2 % 1,095 8.3 % -0.18%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
47.9 %
8,397 54.8 % 6,279 47.9 % -25.22%
Europe
18.7 %
2,310 15.1 % 2,460 18.7 % +6.49%
Asia Middle East Africa
12.7 %
2,933 19.1 % 1,672 12.7 % -42.99%
Latin America
9.6 %
1,123 7.3 % 1,265 9.6 % +12.64%
Nigeria
8.5 %
-- 1,113 8.5 % -
North America
2.2 %
561 3.7 % 295 2.2 % -47.42%
Poland
0.3 %
-- 41 0.3 % -
Corporate
0.0 %
0 0.0 % -3 0.0 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 58 17-10-01
Director of Finance/CFO 55 12-02-29
Chief Tech/Sci/R&D Officer - 13-12-31
Investor Relations Contact - 00-05-31
General Counsel - 10-06-30
Corporate Officer/Principal 48 17-06-30
Corporate Officer/Principal 54 -
Corporate Officer/Principal - 96-12-31
Corporate Officer/Principal - 00-12-31
Comptroller/Controller/Auditor 54 96-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 14-02-24
58 -
Director/Board Member 73 07-11-06
Director/Board Member 64 12-10-25
Director/Board Member 53 14-11-30
Chief Executive Officer 58 17-10-01
Director/Board Member 62 15-11-30
Director of Finance/CFO 55 12-02-29
Director/Board Member 65 19-02-20
Director/Board Member 61 14-02-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 422,497,381 338,537,553 ( 80.13 %) 80,738,167 ( 19.11 %) 80.13 %

Shareholders

NameEquities%Valuation
W.K. Kellogg Foundation
15.21 %
51,997,838 15.21 % 2 979 M $
Vanguard Fiduciary Trust Co.
9.407 %
32,150,331 9.407 % 1 842 M $
BlackRock Advisors LLC
6.861 %
23,446,522 6.861 % 1 343 M $
KeyBank NA (Cleveland, Ohio)
5.859 %
20,024,912 5.859 % 1 147 M $
13,556,827 3.967 % 777 M $
Wellington Management Co. LLP
3.657 %
12,498,819 3.657 % 716 M $
Sessa Capital IM LP
2.036 %
6,959,308 2.036 % 399 M $
Geode Capital Management LLC
1.822 %
6,226,974 1.822 % 357 M $
BlackRock Life Ltd.
1.791 %
6,119,923 1.791 % 351 M $
Charles Schwab Investment Management, Inc.
1.655 %
5,657,709 1.655 % 324 M $

Company contact information

Kellanova

412 North Wells Street

60654, Chicago

+269 961 2000

http://www.kellanova.com
address Kellanova(K)

Group companies

NameCategory and Sector
Food: Specialty/Candy
Food: Specialty/Candy
Food: Major Diversified
Food: Specialty/Candy
Food: Major Diversified
Food: Specialty/Candy
Nordisk Kellogg's ApS
Food: Specialty/Candy
Kellogg Europe Treasury Services Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
20
Last Close Price
56.54 USD
Average target price
59.79 USD
Spread / Average Target
+5.75%
Consensus