财务数据和关键指标变化 - 公司第一季度有较好的销售增长、利润率和现金流表现,超出预期 [10][21] - 公司毛利率和营业利润率持续改善,超出预期 [23][31][32][33] - 公司预计全年销售增长、营业利润率和每股收益将达到预期目标 [15][38][39][40][41] 各条业务线数据和关键指标变化 北美业务 - 销售收入持平,但利润大幅增长,主要得益于供应链改善和物流效率提升 [49][50] - 饼干和冷冻食品业务销售增长放缓,但市场份额有所提升 [53][54] 欧洲业务 - 销售收入有3%的有机增长,斯奈克业务表现强劲 [58][59][60] - 谷物业务销售增长1%,在英国市场份额有所提升 [61] 新兴市场 - 拉丁美洲销售增长5%,谷物和斯奈克业务表现良好 [64][65][66] - 非洲中东地区(EMEA)销售大幅增长19%,主要受益于尼日利亚价格上涨 [68][69][70] 公司战略和发展方向 - 公司聚焦差异化、驱动和交付的战略正在执行,取得良好进展 [12] - 公司全球布局为差异化和增长提供支撑 [12][13] - 公司正在进行产能扩张,如在新兴市场增加Pringles产能 [16][74] - 公司正在优化全球制造网络 [63] 管理层对经营环境和未来前景的评论 - 公司对2024年前景充满信心,预计销售、利润和现金流将达到预期目标 [15][44] - 美国市场消费趋势正在改善,价格弹性有所缓解 [16][49] - 新兴市场仍是公司长期增长的重要来源 [16] - 公司将继续加大品牌投资和数字化转型等方面的投入 [106][107] 问答环节重要的提问和回答 问题1 **Ken Goldman 提问** 关注私有品牌在饼干和薯片等品类的市场份额提升,询问这对公司的影响 [82][83] **Steve Cahillane 回答** 公司实际上没有看到私有品牌有显著的市场份额提升,认为这主要是由于去年供应链问题导致的暂时性变化 [83][84][85] 问题2 **Max Gumport 提问** 询问过渡服务费(TSA)对财务的具体影响 [92][93] **Amit Banati 回答** TSA费用对毛利和营业利润分别有约3500万美元和4500万美元的正面影响,未来将逐步减少 [93][94][95] 问题3 **Andrew Lazar 提问** 询问北美业务利润改善是否受到固定成本吸收的负面影响 [124][125] **Amit Banati 回答** 供应链表现改善的正面影响大于固定成本吸收的负面影响,未来随着销量改善,这种负面影响也将逐步缓解 [125][126][127]

Kellanova (K) delivered first-quarter 2024 results for the company that formerly operated as Kellogg Company. The company’s top and the bottom line surpassed the Zacks Consensus Estimate in the quarter. The company’s quarterly earnings increased year over year while net sales fell from the year-ago quarter’s level. Despite industry-wide volume softness and currency headwinds, the company managed to achieve organic net sales growth toward the upper end of its long-term target range. Management is on track wi ...

For the quarter ended March 2024, Kellanova (K) reported revenue of $3.2 billion, down 21.1% over the same period last year. EPS came in at $1.01, compared to $1.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.17 billion, representing a surprise of +1.02%. The company delivered an EPS surprise of +18.82%, with the consensus EPS estimate being $0.85. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Kellanova (K) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 18.82%. A quarter ago, it was expected that this the maker of Pringles and other snacks would post earnings of $0.74 per share when it actually produced earnings of $0.78, delivering a surprise of 5.41%. Over the last fou ...

Exhibit 99.1 Kellanova Financial News Release Analyst Contact: John Renwick, CFA (269) 961-9050 Media Contact: Kris Bahner, (269) 961-3799 Kellanova Reports Strong First Quarter Results, Reaffirms Full-Year Outlook Chicago, Ill. - May 2, 2024 — Kellanova (NYSE: K) today announced results for its first quarter of 2024, and reaffirmed its full-year outlook. Highlights: • While net sales in the first quarter were negatively impacted by adverse currency translation and the 2023 divestiture of its business in Ru ...

As Kellanova (K) prepares to announce its first-quarter 2024 results on May 2 before market open, investors face a pivotal moment, evaluating the company's trajectory amid a challenging operational landscape. With quarterly projections indicating a year-over-year decline in both revenue and bottom-line figures, it might be prudent for investors to approach Kellanova with caution before the impending release. Analysts' expectations for Kellanova’s upcoming release paint a rather dull picture. The Zacks Conse ...

As part of an unconventional partnership, Pop-Tarts® teams up with filmmakers to release a comedic Digital Short written by and starring Jerry Seinfeld, plus limited-edition "Trat-Pops" boxes inspired by the film and multiple in-store and online activations across the country. CHICAGO, April 29, 2024 /PRNewswire/ -- All movies are better with Pop-Tarts®, especially when the movie is about the Crazy Good snack itself. Pop-Tarts are the subject of Jerry Seinfeld's highly anticipated Netflix film, UNFROSTED, a ...

公司股息政策 - Kellanova宣布每股普通股股息为$0.56，将于2024年6月14日支付给截至2024年6月3日收盘时持有股东[1] - Kellanova董事会宣布计划从2024年第三季度开始，将季度股息提高至$0.57每股[2] 公司业务和品牌 - Kellanova是全球零食、国际谷物和面条以及北美冷冻食品领域的领导者，拥有超过100年的历史，旗下品牌包括Pringles®、Cheez-It®、Pop-Tarts®、Kellogg's Rice Krispies Treats®、RXBAR®、Eggo®、MorningStar Farms®、Special K®、Coco Pops®等，2023年净销售额为130亿美元[3] 公司使命和目标 - Kellanova的使命是通过其信任的食品品牌创造更美好的日子，致力于通过解决饥饿、可持续性、健康和公平、多样性与包容性的交汇点，促进可持续和公平的食品获取，目标是到2030年底为40亿人创造更美好的日子[4]

$50,000 joint donation to No Kid Hungry will help kids access meals over the summer CHICAGO, April 19, 2024 /PRNewswire/ -- All kids deserve a great summer, but for thousands of kids in Maine who face food insecurity, summer can be the hungriest time of year. That's why Kellanova is teaming up with Shaw's Supermarkets to donate $50,000 to No Kid Hungry to create #BetterDays for kids in Maine and make summer a time for them to grow, learn and thrive. When the last bell rings at the end of the school year, mi ...

The brand's new twist on this iconic flavor pairing is the perfect #littletreat to get you through the day CHICAGO, April 15, 2024 /PRNewswire/ -- You asked. We listened. Our #1 most requested flavor* is hitting shelves this spring to give fans a whole new way to enjoy this Sticking Delicious snack: Rice Krispies Treats® Chocolatey Peanut Butter. Featuring a flavorful new twist on our beloved ooey-gooey snack, Rice Krispies Treats Chocolatey Peanut Butter taps into the iconic chocolate-and-peanut-butter fla ...