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KLG

WK Kellogg Co

https://www.unleashingourpotential.com/en/wk-kellogg-co

Industry

Packaged Foods

WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It offers ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co. and changed its name to WK Kellogg Co in March 2023. The company was incorporated in 2022 and is based in Battle Creek, Michigan.

Open

20.80

Mkt cap

1.8B

Volume

338K

High

21.00

P/E Ratio

26.64

52-wk high

24.63

Low

20.47

Div yield

0.03

52-wk low

11.95

WK Kellogg's Q3 earnings and net sales exceeded expectations but showed a year-over-year decline. Despite this, the company raised its 2024 adjusted EBITDA growth forecast. The stock is down 8%.

Portfolio Pulse from

November 11, 2024 | 1:30 pm

WK Kellogg Co held its Q3 2024 earnings call, discussing financial results and company performance. Key participants included company executives and analysts from major financial institutions.

Portfolio Pulse from

November 09, 2024 | 6:00 pm

WK Kellogg Co.'s stock increased by 9% after the company reported third-quarter adjusted profit and revenue that exceeded analyst estimates.

Portfolio Pulse from

November 07, 2024 | 3:15 pm

WK Kellogg exceeded Wall Street expectations for third-quarter revenue and profit, driven by strong consumer demand and higher prices for its ready-to-eat cereals like Froot Loops and Apple Jacks.

Portfolio Pulse from

November 07, 2024 | 2:45 pm

WK Kellogg Co announced its third quarter financial results and raised its 2024 adjusted EBITDA guidance, indicating positive financial performance and outlook.

Portfolio Pulse from

November 07, 2024 | 1:15 pm

G-III Apparel Group's shares surged 23.6% after reporting better-than-expected Q2 EPS and issuing strong FY25 guidance. Other stocks like Applied Digital, Yext, and NIO also saw significant gains due to positive financial results and strategic developments.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 5:44 pm

In August, the S&P 500 Index saw a recovery, gaining 2.28% by the end of the month. Notable gainers included cybersecurity firms CrowdStrike and Fortinet, while Super Micro Computer and Intel were among the top losers. The SPDR S&P 500 ETF Trust (SPY) also saw a slight increase.

Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 7:55 pm

The food sector is poised for increased M&A activity as interest rates are expected to drop. Key players to watch include Campbell Soup and BellRing Brands, with recent acquisitions and potential takeover targets highlighted.

Portfolio Pulse from Surbhi Jain

August 26, 2024 | 8:28 pm

Mars, Inc. is set to acquire Kellanova (NYSE:K) for $35.9 billion, valuing the company at $83.50 per share, a 44% premium over its 30-day average trading price. The deal, which includes all of Kellanova's brands and operations, is expected to close in the first half of 2025, pending shareholder and regulatory approvals. Kellanova shares rose 7.54% premarket following the announcement.

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 12:14 pm

JP Morgan analyst Ken Goldman maintains a Neutral rating on WK Kellogg (NYSE:KLG) and lowers the price target from $22 to $17.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:25 pm

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