K - Kellogg Company

NYSE - NYSE Delayed Price. Currency in USD
63.73
-0.01 (-0.02%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close63.74
Open63.92
Bid63.77 x 800
Ask63.75 x 1800
Day's Range63.67 - 64.27
52 Week Range51.34 - 73.43
Volume1,834,512
Avg. Volume2,618,031
Market Cap21.708B
Beta (3Y Monthly)0.77
PE Ratio (TTM)25.56
EPS (TTM)2.49
Earnings DateOct 29, 2019
Forward Dividend & Yield2.28 (3.58%)
Ex-Dividend Date2019-08-30
1y Target Est62.82
Trade prices are not sourced from all markets
  • The Aspen Institute's Project Play And Kellogg Company's Mission Tiger Team Up To Help Save Middle School Sports
    PR Newswire

    The Aspen Institute's Project Play And Kellogg Company's Mission Tiger Team Up To Help Save Middle School Sports

    DETROIT, Sept. 17, 2019 /PRNewswire/ -- Kellogg's Frosted Flakes® kicks off the next chapter for Mission Tiger by announcing a multiyear partnership with The Aspen Institute at its 2019 Project Play Summit, being held now in Detroit. This partnership will create the first-ever search for the best middle school sports programs in the country. The goal: Revitalize middle school sports by inspiring leaders to adopt models that serve the broadest swath of the student population.

  • Pizza Hut rolls out Stuffed Cheez-It Pizza
    American City Business Journals

    Pizza Hut rolls out Stuffed Cheez-It Pizza

    Pizza Hut has joined forces with Cheez-It to create the latest food mash-up you never knew you needed: The Stuffed Cheez-It Pizza. “We pride ourselves on being the go-to for unexpected pizza innovations, and I can’t think of a more badass partner than Cheez-It to bring our next original menu item to life,” Marianne Radley, Pizza Hut’s chief brand officer, said in the release. “Kellogg’s iconic Cheez-It brand brings a whole new dining experience to Pizza Hut lovers and will not disappoint,” said Wendy Davidson, president of Kellogg’s U.S. Specialty Channels, in the release.

  • Household Legends Pizza Hut And Cheez-It® Join Forces To Introduce You To Your New Favorite Weakness: The Stuffed Cheez-It™ Pizza
    PR Newswire

    Household Legends Pizza Hut And Cheez-It® Join Forces To Introduce You To Your New Favorite Weakness: The Stuffed Cheez-It™ Pizza

    Pizza Hut and Cheez-It® collab to unveil a menu item you didn't know you needed - until now. Pizza Hut and Cheez-It have done the unthinkable, joining forces to combine arguably two of the most iconic foods - Pizza Hut pizza and the Cheez-It 100% real cheese snack - into one mouthwatering, first-of-its-kind creation: The Stuffed Cheez-It™ Pizza. Now available on Pizza Hut menus nationwide, the limited-time Stuffed Cheez-It™ Pizza features four baked jumbo squares topped with that distinctly sharp, real cheese taste you know and love from Cheez-It baked to toasty perfection.

  • Did Changing Sentiment Drive Kellogg's (NYSE:K) Share Price Down By 19%?
    Simply Wall St.

    Did Changing Sentiment Drive Kellogg's (NYSE:K) Share Price Down By 19%?

    While it may not be enough for some shareholders, we think it is good to see the Kellogg Company (NYSE:K) share price...

  • Atlanta medical marijuana startup adds another Patrón exec to C-Suite, signals European expansion
    American City Business Journals

    Atlanta medical marijuana startup adds another Patrón exec to C-Suite, signals European expansion

    Atlanta's fast-growing medical marijuana startup continues to build out its executive team, adding another former Patrón leader to its C-Suite and also hiring a Coca-Cola alum to expand its international footprint. Surterra Wellness said Monday it named Lee Applbaum as the company's new chief marketing officer, following his stint at Bacardi Global Brands Limited, where he was global CMO for Patrón Tequila and Grey Goose Vodka.

  • InvestorPlace

    7 Stocks to Buy to Ride the Vegan Wave

    [Editor's note: This article was originally published in August 2018. It has been revised to reflect current market trends.] The IPO success of Beyond Meat (NASDAQ:BYND) has me revisiting the world of plant-based foods and exploring how investors can take advantage of the move to meatless alternatives. Today, the global plant-based meat market is estimated to be $12.1 billion. It's expected to grow to $27.9 billion by 2025, a compound annual growth rate of 15%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile many companies have focused on vegetarian and vegan markets in the past, it's clear that most food companies are now going after the "flexitarian" consumer: the person who still eats meat, but is opting for meatless alternatives regularly. Today, 32% of Americans identify themselves as flexitarian.As a result of this change in consumer tastes, companies have invested a total of $16 billion in plant-based meat, egg and dairy products. The "vegan wave" is now the flexitarian wave. * 7 Discount Retail Stocks to Buy for a Recession Regardless of what you want to call it, these seven companies are taking advantage of the move to meatless alternatives. And some of these stocks to buy might even make you a lot of money in the long run. Beyond Meat (BYND)Source: calimedia / Shutterstock.com By now, the Beyond Meat story is known by most investors, so I'll keep the IPO details to a minimum.The California plant-based food company went public on May 1 at $25 a share, selling 9.6 million of its stock for net proceeds of $219 million, not including the underwriters' over-allotment. The company's shareholders didn't sell any of their shares in the IPO. However, on Aug. 2, it did file a final prospectus that will see Beyond Meat sell 250,000 shares to the public along with some of its pre-IPO shareholders, selling 3 million shares of BYND stock. The company wisely waived the 180-day lock-up period for its main investors so that they can cash out a portion of their shares while they're up almost six-fold. A fundamental capital allocation principle is to sell your stock when it is expensive and repurchase it when it's cheap. While Beyond Meat's Q2 2019 net loss was $9.4 million, it did generate an operating profit of $2.2 million in the second quarter, a considerable improvement from the $7.3 million loss a year ago. Oh, and it's hard to forget revenues increased by 267% in the quarter to $67.3 million. As someone who buys their burgers quite frequently, it's not hard to see why. Tyson Foods (TSN)Source: Daniel J. Macy / Shutterstock.com A lot has happened since I last wrote about Tyson Foods (NYSE:TSN) and its foray into meatless alternatives. Some of it good, some of it bad. In 2016, Tyson made a 5% investment in Beyond Meat, the company behind the burger that has taken Canada and the U.S. by storm. It upped its stake at the end of 2017 as part of a $55 million investment round by the California-based company."We got attacked when we signed a deal with Tyson. People said I personally have blood on my hands," said Beyond Meat CEO Ethan Brown at the time. "Tyson took a big risk, too. I mean Hayes didn't get any love letters when he backed us. But I'd much rather try to get things done than throw stones, and the people at Tyson know how to move the needle."Unfortunately for Tyson shareholders, the company didn't make it to the ball, selling its shares in April for an undisclosed amount, after Tyson CEO Noel White decided the company would create its own plant-based protein line. Tyson's brand is called Raised & Rooted. It will compete with Beyond Meat. However, while its chicken nugget product will be meatless, its burger will contain Angus beef as well as pea protein isolate. According to TSN's chief marketing officer, "While most Americans still choose meat as their primary source of protein, interest in plant and blended proteins is growing significantly". * 10 Battered Tech Stocks to Buy Now The fact is, 70% of the people who eat Beyond Meat burgers are meat-eaters. Sustainable foods are the wave of the future. Kellogg (K)Source: DenisMArt / Shutterstock.com When most people think of Kellogg (NYSE:K), the first thing that likely comes to mind is cereal: Special K, Frosted Flakes, Mini-Wheats, etc. However, it has owned a vegetarian food brand called MorningStar Farms since acquiring the business in 1999. The company sells over 90 million pounds of faux meat (burgers, chicken, sausage, etc.) every year, with a third from fake burgers and the remaining two-thirds from its other products. Estimates suggest that MorningStar generates $450 million in annual revenue, about double the amount Beyond Meat sells in a year. Beyond Meat is valued at 64 times sales. If MorningStar Farms were given the same valuation, it would be worth $29 billion to Kellogg, about 50% more than the company's current market cap. It is clear that Kellogg is aware of MorningStar Farm's potential"When we [Kellogg] have spoken to people, we've seen that the desire to eat plant-based alternatives has increased in the last four years by 45%, and 53% of the Canadians we speak to are already eating meat alternatives," Kellogg Canada's VP of Marketing Christine Jakovcic recently stated. The big question is whether its management is smart enough to take advantage of the popularity of meatless products. Amazon (AMZN)Source: Shutterstock It has been a whirlwind 23 months since Amazon (NASDAQ:AMZN) stunned the world buying Whole Foods for $13.7 billion.Prognosticators of all types came out of the woodwork predicting the many changes Jeff Bezos would implement at the healthy foods grocery-store chain.One of the more sensible changes is expanding Whole Foods' delivery network. Whole Foods now provides two-hour delivery in 90 cities across the U.S.Not surprisingly, the predicted drop in prices at Whole Foods, has yet to materialize."While deeper promotional pricing on key items, incremental savings … and increased convenience for Prime Members in the first year under Amazon ownership have caught our eye as consumers, the reality is that Whole Foods pricing on a broad basket has remained largely unchanged," stated a report from Gordon Haskett Research Advisors.According to the report, $400 spent on a basket of food at Whole Foods in October 2017, now costs $398.50, producing a whopping $1.50 in savings. * 7 Stocks to Buy In a Flat Market If you're an Amazon investor, this is excellent news because the money to pay for a $15 minimum wage has to come from somewhere. Con Agra (CAG)Source: Shutterstock In my previous article about the move to plant-based foods, I discussed Hain Celestial (NASDAQ:HAIN), one of the earliest adopters of meatless and vegan alternatives. One of its companies is Yves Veggie Cuisine, founded by Canadian food entrepreneur Yves Potvin in 1985. Potvin used $5,000 of his own money, $10,000 from family and $25,000 in small-business loans to get it up-and-running. Potvin sold Yves to Hain in 2001.Potvin's next move was to create Gardein in 2003, a maker of meatless alternatives, including veggie burgers and chicken sliders, the founder's favorite Gardein product. Potvin sold Gardein in 2014 to Pinnacle Foods, now a subsidiary of ConAgra Brands (NYSE:CAG), for $154 million. ConAgra likely acquired Pinnacle Foods, in part, to take advantage of the flexitarian movement."That means the opportunity here could be in the range of $30 billion just in the U.S.," CEO Sean Connolly said recently. "And you know, there's even more opportunity internationally."If you are a CAG shareholder, Gardein is a big reason to hang on to your stock. Restaurant Brands International (QSR)Source: Shutterstock While most investors in the U.S. are familiar with Restaurant Brands International (NYSE:QSR) because of its Burger King restaurants, up here in Canada, where I live, Tim Hortons is an iconic name that RBI is trying to grow with Canadians and coffee lovers in other parts of the world, including the U.S.To compete with other fast-casual names, Tim Hortons has introduced and continues to test plant-based alternatives. In the past month, Tim Hortons has launched a Beyond Meat burger in Canada, Beyond Meat vegetarian sausage patties, and is experimenting with plant-based eggs. Early indications suggest the plant-based eggs, which are made by San Francisco food company Just, are getting rave reviews. According to a Just spokesperson, "Canada is one of the most requested markets for JUST and we're excited to be able to offer our product at select Tim Hortons locations for this market test." * 7 Deeply Discounted Energy Stocks to Buy I haven't been a fan of QSR stock -- it has a lot of debt -- but if it continues to innovate in this growing area of the restaurant and food industries, I might just have to change my tune. Impossible FoodsSource: Shutterstock In the previous slide, I discussed some of the initiatives Restaurant Brands International were doing for its Tim Hortons brand in Canada. I mentioned that the company also owns Burger King. Well, Burger King announced Aug. 1 that it is testing the Impossible Whopper, a plant-based version of its top-selling burger, for one month across all 7,200 stores in the U.S.Impossible Foods make the Impossible Whopper, the same people behind the plant-based burger that's available at all Wahlburger locations across the U.S. Burger King first tested the Impossible Whopper in 59 stores in the St. Louis area. The stores that sold this burger saw foot traffic increase by a whopping 18.5%. However, because the burger contains soy leghemoglobin, it isn't considered to be vegan.In May, Impossible Foods raised $300 million to bring its total funds raised to $750 million since its inception in 2011. Although the company is expected to go public at some point in 2020, it's not in a rush to do an IPO. Like Beyond Meat, it has a who's who list of investors, including Serena Williams, Bill Gates, Jay-Z and many others. The latest fundraise valued Impossible Foods at $2 billion. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Internet Stocks Getting Hammered * 6 Big Growth ETFs to Buy For the Second Half of 2019 * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The post 7 Stocks to Buy to Ride the Vegan Wave appeared first on InvestorPlace.

  • The Zacks Analyst Blog Highlights: Coca-Cola, Kellogg, Alphabet and McDonald's
    Zacks

    The Zacks Analyst Blog Highlights: Coca-Cola, Kellogg, Alphabet and McDonald's

    The Zacks Analyst Blog Highlights: Coca-Cola, Kellogg, Alphabet and McDonald's

  • AI Reshaping Food Processing Industry: 4 Stocks in Focus
    Zacks

    AI Reshaping Food Processing Industry: 4 Stocks in Focus

    Food and beverage companies are increasingly using AI to enhance productivity and efficiency.

  • Bare Necessities: 3 Stocks That Keep Your Pantry Full
    Motley Fool

    Bare Necessities: 3 Stocks That Keep Your Pantry Full

    They may not be the headline-making stocks you read about on a daily basis, but these three companies have been keeping you stocked up on food and household supplies.

  • Beyond Meat vs Kellogg vs Restaurant Brands: Which is the Better Buy?
    TipRanks

    Beyond Meat vs Kellogg vs Restaurant Brands: Which is the Better Buy?

    Investors might be wondering what Beyond Meat (BYND), Kellogg (K) and Restaurant Brands International (QSR) all have in common. The answer is that each wants to control the plant-based meat segment of the market.With Barclays predicting that plant-based product sales will reach $140 billion in the next decade, it’s no wonder food companies are expanding their product offerings to include meatless alternatives.  Bearing this in mind, we used the TipRanks Stock Comparison tool to see which stock serves up the most compelling investment opportunity. Let’s get started. Beyond Meat Inc. (BYND)It’s no question that Beyond Meat has disrupted the vegan food market. The first plant-based meat producer has skyrocketed 136% since its May 2 IPO. BYND already boasts Dunkin (DNKN) and Kentucky Fried Chicken (YUM) as partners, with its products also appearing in many grocery stores. That being said, analysts aren’t convinced that BYND has what it takes to outperform in the long-run.The fact is, plant-based meat isn’t a patented technology, with several companies following BYND’s lead by adding their own vegan meat options. Kroger (KR) announced on September 5 that it was launching plant-based deli meats and sausages under its Simple Truth brand. One analyst argues that its fast-growing retail presence, attractive placement and favorable media impressions won’t be enough to shield BYND from the competition. D.A. Davidson’s Brian Holland states that its larger competitors have the resources and pricing power that BYND just doesn’t have. It doesn’t help that BYND has a valuation problem. “We estimated EV/Sales on fiscal 2024 estimates of $1.2089 billion and discounted back. This multiple is already a 50% premium to Beyond Meat's Growth Staples peers and compares to the stock's current multiple of 29.5 times NTM revenue,” Holland noted. Based on all of the above factors, the analyst initiated coverage with a Sell and set a $130 price target on September 5. He thinks that share prices could drop 16% in the next twelve months. All in all, Wall Street analysts deem BYND a ‘Hold’. Its $124 average price target indicates 20% downside potential. Kellogg (K)Kellogg is one of the many companies trying to take market share from BYND. The company announced on September 4 that it is launching its plant-based meat, Incogmeato, in early 2020. These burgers will be released under the MorningStar brand and are different from its existing veggie burgers as they are fully plant-based. K will also start selling plant-based chicken nuggets and tenders.In addition to its foray into the plant-based food space, Kellogg has pivoted away from its legacy cereal-first approach with it shifting focus towards the snack segment of its business. In January, the company started selling Cheez-It Snap’d as well as launched Pop-Tart Bites and Rice Krispie Treat Poppers in 2018. Not to mention the company already added protein bars to the product lineup with its $600 million acquisition of RXBAR in 2017.While some analysts think K's upside has already been factored into the share price, Goldman Sachs analyst Jason English argues that these positive developments could drive a profit margin improvement as well as stronger organic sales. “A number of changes have occurred at the company in recent years that we believe will sustain a faster growth trend at K than the company has been able to historically achieve; primarily a strategic pivot to snacks (vs. its legacy cereal-first approach) and completed M&A (albeit at lofty valuations) which has bolstered its EM exposure,” he explained. As a result, he upgraded the stock from a Hold to a Buy while raising the price target from $58 to $72 on September 6. The new price target demonstrates his confidence that shares could surge 12% over the next twelve months. Wall Street isn’t as bullish on Kellogg. 4 Buy ratings versus 7 Holds and 2 Sells assigned over the last three months add up to a ‘Hold’ analyst consensus. Its $65 average price target suggests 2% upside potential. While this upside is minor, K still boasts better growth prospects than BYND.      Restaurant Brands International (QSR)The last stock on our list is known as the force behind Burger King, Tim Hortons and Popeyes, with it also hoping to ride the vegan wave.In the beginning of August, Burger King launched its plant-based burger at over 7,000 U.S. locations. The Impossible Whopper is the product of its partnership with Impossible Foods, a top Beyond Meat rival. According to Cowen & Co. analyst Andrew Charles, the Impossible Whopper could drive 6% same-store sales growth in the third quarter at Burger Kings located throughout the U.S. The plant-based burger is convincing consumers to spend more as orders with the Impossible Whopper cost $10 or higher, compared to Burger King's average check of $7.36 in 2018. “While data is limited, our check suggests Impossible Whopper is attracting new and lapsed users to the brand that skew younger and affluent, as well as driving high rates of repeat orders," Charles added. Investors have more reason to be excited about QSR thanks to its new Popeye’s chicken sandwich launch. After its widely successful August 12 launch left several locations sold out, management stated it blew through the inventory of chicken filets a month ahead of schedule thanks to intense social media buzz. All of this played into Charles’ conclusion that QSR is poised to soar. As a result, the five-star analyst reiterated his Buy rating and $85 price target on August 29. He believes shares could gain 13% over the next twelve months.Wall Street appears to mirror the analyst’s sentiment. QSR boasts a ‘Strong Buy’ analyst consensus and an $82 average price target, implying 8% upside potential.   The Bottom LineThe results are in and according to Wall Street analysts, QSR is the top pick. While the Stock Comparison tool shows that BYND's gain was the largest, QSR is the long-term winner as it comes out on top in terms of both analyst consensus as well as upside potential. Find Wall Street’s most loved stocks with the Top Analysts’ Stocks tool

  • US Stocks Gain on Friday
    GuruFocus.com

    US Stocks Gain on Friday

    Lululemon Athletica jumps on strong results Continue reading...

  • Barrons.com

    Kellogg Gets a Pop as Goldman Sachs Upgrades the Stock

    The company is perhaps best known for cereal brands such as Frosted Flakes and Rice Krispies, but Kellogg has made “a strategic pivot to snacks” versus “its legacy cereal-first approach,” observes the Goldman note, written by Jason English, Vivek Srivastava, Cody Ross, and Ankit Prasad. An example is Kellogg’s 2016 acquisition of Parati Group, a Brazilian food group whose products include biscuits. In 2019, 36% of the company’s sales have come from cereal, compared with 50% in 2010, according to Goldman.

  • MarketWatch

    Kellogg is the 'most compelling value left in snacks,' Goldman Sachs says in upgrade

    Goldman Sachs analyst Jason English upgraded Kellogg Co. shares to buy from neutral late on Thursday, writing that he expects margin improvement and an acceleration in organic sales from the maker of cereals and snacks. The stock represents the "most compelling value left in snacks," in English's view, as the company shifts its main focus toward snack foods and away from cereal. The company has "invested behind faster-growing single serve snacks which resonate with consumer mega trends of portion control," English wrote. He raised his price target to $72 from $58. Kellogg shares are up 2% in Friday morning trading, and they've risen 12.5% on the year as the S&P 500 has gained 19%.

  • TheStreet.com

    Kellogg Rises as Goldman Sachs Upgrades Shares to Buy

    Kellogg was rising more than 2.4% to $64.36 Friday after analysts at Goldman Sachs upgraded shares of the cereal maker to buy from neutral. Goldman Sachs also raised the price target on the stock to $72 from $58, which represents a potential 15% upside over the stock's closing price Thursday of $62.84. Goldman's price target also is ahead of consensus sell-side price targets of $64.14.

  • Kellogg and Hormel Foods Chase Beyond Meat’s Success
    Market Realist

    Kellogg and Hormel Foods Chase Beyond Meat’s Success

    Looking to replicate Beyond Meat’s astounding growth, Kellogg (K) introduced “Incogmeato” on Wednesday, which is a plant-based meat alternative.

  • Motley Fool

    Kellogg Goes After Beyond Meat

    The food giant is already a leader in veggie burgers, but its new faux meat will take on Beyond Meat directly.

  • Benzinga

    What To Know About Kellogg's 'Incogmeato'

    Kellogg's MorningStar Farms division announced Wednesday the addition of a new line of products: Incogmeato. The new products differ from MorningStar's veggie burgers, as they are fully plant-based and can be found in both the refrigerated or frozen meat sections at grocery stores.

  • Bloomberg

    Kellogg Plans Bleeding Burger as It Catches Up on Faux Meat

    (Bloomberg) -- Watch out Impossible: Kellogg Co. is planning its own plant-based imitation meat.Early next year, Kellogg’s Morningstar Farms will begin selling the “Incogmeato” burger: a plant-based, refrigerated patty made with non-GMO soy that is designed to mimic meat’s look and flavor. It will also start offering new versions of its vegetarian “Chik’n tenders” and “Chik’n nuggets” that the company bills as an improvement over its current chicken-substitute products.Kellogg Chief Executive Officer Steve Cahillane said the burgers will “sear wonderfully” and “bleed on the grill” -- qualities that have helped vault patties from Impossible Foods Inc. and Beyond Meat Inc. into the consumer spotlight. The company plans to place its plant-based burger in the meat case in grocery stores alongside real meat.Kellogg has for years offered frozen veggie burgers, but patties made with ingredients like black beans and mushrooms were never intended to taste like meat, and its more meat-like Grillers look outdated compared with the newcomers. It’s now playing catch up as Impossible Foods and Beyond Meat latch on to “flexitarian” consumers that are reducing their beef consumption by eating meat-like replacements.The demand for meat substitutes has boomed as consumers see the products as healthier and more environmentally friendly than beef, with Barclays predicting the global market will reach $140 billion globally in the next 10 years.Kellogg is still the No. 1 seller of veggie burgers, according to data from Euromonitor, but its market share has slipped significantly, falling to 16.9% last year from 33.3% in 2013, even as its sales have rebounded in the last few years.“We think of ourselves as the original plant-based food company,” Cahillane said, while acknowledging the company has lost market share.Kellogg is seeking to offset declines in cereal sales with gains in snacks and frozen foods. Its shares have gained about 12% this year through Tuesday’s close, below the advance of the S&P 500 Index. Kellogg shares were little changed at $63.64 at 12:56 p.m. in New York.“We got back on our game the last couple of years,” Cahillane said. “Our goal over the long term would be to maintain leadership and ultimately gain share.”The greater offering of meat imitation products benefits consumers, said Michele Simon, executive director of the Plant Based Foods Association.“Having more companies that offer great-tasting plant-based meat options is a win for the consumer and the planet,” she told Bloomberg in an email. “It’s also a sign that retailers will have to make more room on the shelf.”Beyond Meat, for its part, welcomes the added competition.“It’s a good sign for the category, we are all collectively growing,” said Seth Goldman, executive chairman of Beyond Meat, when asked about new alternative meat products during a recent interview at Georgetown University’s Business for Impact, part of the McDonough School of Business.Beyond Meat’s success will not be easily replicated, he added.“I ask people to consider all the innovation work to get where we are,” he said. “Those bigger companies have bigger R&D budgets but they don’t have the level of focus.”(Updates share trading and adds comments from chamber official and Beyond Meat chairman.)To contact the reporter on this story: Deena Shanker in New York at dshanker@bloomberg.netTo contact the editors responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Crayton HarrisonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Introducing Incogmeato™ by MorningStar Farms®, The Newest Addition to Kellogg Company's Plant-Based Portfolio
    PR Newswire

    Introducing Incogmeato™ by MorningStar Farms®, The Newest Addition to Kellogg Company's Plant-Based Portfolio

    BATTLE CREEK, Mich., Sept. 4, 2019 /PRNewswire/ -- MorningStar Farms®, makers of America's No. 1 veggie burger1, announced today that it will introduce a new addition to its powerful plant-based portfolio, with the entry of Incogmeato™ by MorningStar Farms. This new next-gen product line includes the company's first ready-to-cook plant-based burger to be sold in the refrigerated meat case and frozen, fully prepared plant-based Chik'n tenders and nuggets. "As more consumers are choosing a 'flexitarian' lifestyle and actively reducing meat, we're thrilled to be extending the MorningStar Farms portfolio with a delicious and satisfying meat-like experience," said Sara Young, General Manager, MorningStar Farms, Plant-Based Proteins.

  • Kellogg Company Provides Additional Method of Webcast Access for Barclays Presentation
    PR Newswire

    Kellogg Company Provides Additional Method of Webcast Access for Barclays Presentation

    BATTLE CREEK, Mich. , Sept. 4, 2019 /PRNewswire/ -- Due to technical difficulties for some users, Kellogg Company is providing an additional channel for accessing the webcast of its September 4 th presentation ...

  • Will a Robust Top Line Help Kellogg (K) Fight Cost Woes?
    Zacks

    Will a Robust Top Line Help Kellogg (K) Fight Cost Woes?

    Kellogg's (K) top line has been rising year on year for a while, owing to its focus on innovation and acquisitions. However, input-cost headwinds persist.

  • Kraft Heinz Stock Fell 20% in August: What’s Next?
    Market Realist

    Kraft Heinz Stock Fell 20% in August: What’s Next?

    Kraft Heinz stock fell about 20% in August and significantly underperformed the broader markets. The stock isn't attractive despite its low valuation.

  • Kellogg (K) Down 1.3% Since Last Earnings Report: Can It Rebound?
    Zacks

    Kellogg (K) Down 1.3% Since Last Earnings Report: Can It Rebound?

    Kellogg (K) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why Campbell Soup Stock Rose after Its Q4 Results
    Market Realist

    Why Campbell Soup Stock Rose after Its Q4 Results

    Campbell Soup (CPB) stock rose about 3.9% in the pre-market session on Friday. The company posted better-than-expected fiscal fourth-quarter results.

  • Campbell Soup earnings — What to know in markets Friday
    Yahoo Finance

    Campbell Soup earnings — What to know in markets Friday

    Campbell Soup takes center stage when it reports quarterly results ahead of the opening bell Friday.