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Kellogg Co (K.N)

K.N on New York Stock Exchange

56.73USD
22 Feb 2019
Change (% chg)

$-1.60 (-2.74%)
Prev Close
$58.33
Open
$56.57
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$56.92
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$55.76
Volume
1,149,706
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720,479
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$74.96
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$54.14

Latest Key Developments (Source: Significant Developments)

Kellogg Company Declares Regular Dividend Of $0.56 Per Share
Friday, 22 Feb 2019 12:27pm EST 

Kellogg Co ::MPANY DECLARES REGULAR DIVIDEND OF $0.56 PER SHARE.SETS REGULAR DIVIDEND OF $0.56PER SHARE.  Full Article

Accenture, Qualcomm And Kellogg Company Create And Pilot Virtual Reality Merchandising Solution To Transform Brand And Retail Strategy
Thursday, 14 Feb 2019 07:59am EST 

Feb 14 (Reuters) - Accenture PLC ::ACCENTURE, QUALCOMM AND KELLOGG COMPANY CREATE AND PILOT VIRTUAL REALITY MERCHANDISING SOLUTION TO TRANSFORM BRAND AND RETAIL STRATEGY.KELLOGG CO - ACCENTURE, QUALCOMM TECHNOLOGIES, CO COLLABORATED TO DEVELOP SOLUTION THAT EMBEDS EYE TRACKING TECHNOLOGY A MOBILE VR HEADSET.  Full Article

Kellogg Co Says Entered Into An Unsecured 364-Day Credit Agreement On January 29
Monday, 4 Feb 2019 05:53pm EST 

Feb 4 (Reuters) - Kellogg Co ::KELLOGG CO - ON JANUARY 29, ENTERED INTO AN UNSECURED 364-DAY CREDIT AGREEMENT.KELLOGG CO - NEW 364-DAY CREDIT FACILITY ALLOWS CO TO BORROW, ON A REVOLVING CREDIT BASIS UP TO AN AGGREGATE PRINCIPAL AMOUNT OF $1 BILLION.  Full Article

Ferrero, Hostess, B&G Bid On Kellogg's Keebler And Famous Amos Cookie Business - CNBC
Friday, 18 Jan 2019 01:35pm EST 

Jan 18 (Reuters) - :FERRERO, HOSTESS, B&G BID ON KELLOGG'S KEEBLER AND FAMOUS AMOS COOKIE BUSINESS - CNBC.FERRERO, HOSTESS, B&G BID COULD VALUE KELLOGG'S KEEBLER, FAMOUS AMOS AND FRUIT SNACKS BUSINESSES AT MORE THAN $1.5 BILLION - CNBC, CITING SOURCES.  Full Article

Kellogg Co Reports CEO's Open Market Purchase Of 17,825 Shares Of Co's Common Stock
Monday, 19 Nov 2018 05:59pm EST 

Nov 19 (Reuters) - Kellogg Co ::KELLOGG CO SAYS CEO STEVEN CAHILLANE REPORTS OPEN MARKET PURCHASE OF 17,825 SHARES OF CO'S COMMON STOCK AT AVERAGE PRICE OF $61.63 PER SHARE ON NOV 19.  Full Article

Kellogg Co Hosts Investor Event, Describes Strategic Actions
Tuesday, 13 Nov 2018 07:30am EST 

Nov 13 (Reuters) - Kellogg Co ::KELLOGG HOSTS INVESTOR EVENT, DESCRIBES STRATEGIC ACTIONS, OFFERS INITIAL INDICATIONS FOR 2019.KELLOGG CO - TO EXPLORE POTENTIAL SALE OF BRANDS AND ASSETS RELATED TO ITS COOKIES, FRUIT-FLAVORED SNACKS, PIE CRUSTS AND ICE CREAM CONES BUSINESSES.KELLOGG CO - INITIAL INDICATIONS FOR 2019 IS EXPECTATION THAT ORGANIC NET SALES GROWTH WOULD CONTINUE TO IMPROVE.  Full Article

Kellogg Co Announces Two "Significant" Changes To N. American Business
Monday, 12 Nov 2018 04:15pm EST 

Nov 12 (Reuters) - Kellogg Co ::TWO SIGNIFICANT CHANGES TO ITS NORTH AMERICAN BUSINESS.FIRST, BEGINNING IN JANUARY 2019, KELLOGG'S NORTH AMERICAN (KNA) ORGANIZATIONAL STRUCTURE WILL BE REDESIGNED.KELLOGG IS EXPLORING SALE OF ITS COOKIES AND FRUIT SNACKS BUSINESSES.CONSOLIDATING U.S. MORNING FOODS, SNACKS AND FROZEN FOODS BUSINESS UNITS INTO A SINGLE, CATEGORIES-FOCUSED ORGANIZATION.COMBINING MORNING FOODS, SNACKS AND FROZEN AND RETAIL CHANNELS SALES TEAMS WITHIN A SINGLE KELLOGG U.S. SALES ORGANIZATION.INVESTING IN NEW ECOMMERCE AND INTEGRATED BUSINESS PLANNING CAPABILITIES..FINANCIAL IMPACT OF POTENTIAL SALE OF BUSINESSES WILL BE ADDRESSED UPON ANNOUNCEMENT OF ANY TRANSACTION.REORGANIZATION OF KELLOGG NORTH AMERICA IS ONE OF FINAL PLANNED INITIATIVES UNDER CO'S PROJECT K RESTRUCTURING PROGRAM.ITS UP-FRONT COSTS AND ONGOING SAVINGS ARE INCLUDED IN PREVIOUS FINANCIAL ESTIMATES FOR FIVE-YEAR PROJECT K PROGRAM.EXPLORING SALE OF ITS COOKIES AND FRUIT SNACKS BUSINESSES TO "BRING A SHARPER FOCUS TO ITS CORE BUSINESSES".MAKING FOUR PRIMARY CHANGES TO ITS KNA ORGANIZATIONAL STRUCTURE, INCLUDING BUILDING A CONSOLIDATED, END-TO-END KNA SUPPLY CHAIN.  Full Article

Kellogg Co Reports Third Quarter 2018 Results
Wednesday, 31 Oct 2018 08:17am EDT 

Oct 31 (Reuters) - Kellogg Co ::QTRLY REPORTED EARNINGS PER SHARE $1.09.QTRLY CURRENCY-NEUTRAL ADJUSTED EARNINGS PER SHARE $1.07.QTRLY REPORTED NET SALES $3,469 MILLION VERSUS $3,246 MILLION LAST YEAR.QTRLY ADJUSTED EARNINGS PER SHARE $1.06.UPDATED FINANCIAL GUIDANCE FOR THE FY, MOVING OUTLOOK TO HIGH END OF PREVIOUSLY STATED RANGE FOR CURRENCY-NEUTRAL NET SALES GROWTH.Q3 EARNINGS PER SHARE VIEW $1.06, REVENUE VIEW $3.42 BILLION -- THOMSON REUTERS I/B/E/S.INCREASED NET SALES GROWTH OUTLOOK TO APPROXIMATELY 5% ON A CURRENCY-NEUTRAL BASIS FOR FY.DECREASING FY OUTLOOK FOR CURRENCY-NEUTRAL ADJUSTED OPERATING PROFIT, EPS TO REFLECT INCREASED INVESTMENT AND GROWTH-RELATED COSTS AND MIX SHIFTS.REDUCING ADJUSTED EARNINGS PER SHARE GROWTH OUTLOOK TO +7-8% ON A CURRENCY-NEUTRAL BASIS FOR FY.REDUCING GUIDANCE FOR ADJUSTED OPERATING PROFIT GROWTH TO ROUGHLY FLAT ON A CURRENCY-NEUTRAL BASIS FOR FY.QTRLY U.S. SNACKS REPORTED NET SALES $737 MILLION VERSUS $764 MILLION.INCREASED FY NET SALES GROWTH OUTLOOK TO ABOUT 5% ON A CURRENCY-NEUTRAL BASIS.QTRLY U.S. MORNING FOODS REPORTED NET SALES $683 MILLION VERSUS $692 MILLION.FY NET SALES GROWTH OUTLOOK STILL INCLUDES NEGATIVE IMPACT OF 1% FROM U.S. SNACKS’ DSD TRANSITION.KELLOGG NORTH AMERICA’S NET SALES IN Q3 INCREASED YEAR-ON-YEAR, REFLECTING POSITIVE CONTRIBUTION FROM ACQUISITION OF RX.OPERATING. PROFIT GROWTH IN Q4 WILL BE "RESTRAINED BY SIMILAR FACTORS EXPERIENCED" IN Q3.AFFIRMING FY CASH FLOW GUIDANCE AT ABOUT $1 BILLION.  Full Article

Kellogg Announces New Global Sustainable Packaging Goal
Thursday, 25 Oct 2018 08:00am EDT 

Oct 25 (Reuters) - Kellogg Co ::KELLOGG ANNOUNCES NEW GLOBAL SUSTAINABLE PACKAGING GOAL.KELLOGG CO - EXPANDING COMMITMENTS TO INCLUDE GOAL OF WORKING TOWARDS 100 PERCENT REUSABLE, RECYCLABLE OR COMPOSTABLE PACKAGING BY END OF 2025.  Full Article

Kellogg's Honey Smacks Cereal Returns To Shelves
Monday, 22 Oct 2018 09:01am EDT 

Oct 22 (Reuters) - Kellogg Co ::KELLOGG'S® BELOVED HONEY SMACKS® CEREAL RETURNS TO SHELVES.KELLOGG CO - HONEY SMACKS BEGINS ROLLING BACK ON TO U.S. SHELVES NEXT MONTH IN LIMITED QUANTITIES.KELLOGG CO - HONEY SMACKS CEREAL PRODUCTION MOVED FOR RELAUNCH TO KELLOGG-OWNED FACILITY.  Full Article

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Kellogg, Mondelez stock up on Pringles, Milka for fear of Brexit

CHICAGO As Brexit looms, Kellogg Co and Mondelez International Inc are taking measures to protect Britons from a potential shortage of Pringles chips, BelVita biscuits and Milka chocolate.