Kellogg Company is a global leader in the food industry, primarily known for its production of breakfast cereals, snacks, and convenience foods. The company offers a diverse portfolio of well-recognized brands, including Corn Flakes, Rice Krispies, Frosted Flakes, and Pringles, catering to a wide range of consumer tastes and preferences. Kellogg is committed to delivering nutritious and high-quality products while actively promoting sustainability in its sourcing and manufacturing processes. Through innovation and marketing strategies, Kellogg aims to adapt to changing consumer demands and maintain its strong presence in the competitive food market. Read More
Kellanova currently trades at $82.54 per share and has shown little upside over the past six months, posting a middling return of 2.1%. However, the stock is beating the S&P 500’s 5.3% decline during that period.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
The FDA and HHS are launching a national push to eliminate petroleum-based food dyes, starting with Citrus Red No. 2 and Orange B. The plan is part of Robert F. Kennedy Jr.'s "Make America Healthy Again" campaign to improve public health and food safety.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Let’s dig into the relative performance of J&J Snack Foods (NASDAQ:JJSF) and its peers as we unravel the now-completed Q4 shelf-stable food earnings season.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Mondelez (NASDAQ:MDLZ) and the best and worst performers in the shelf-stable food industry.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kellanova (NYSE:K) and the best and worst performers in the shelf-stable food industry.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently.
Over the past six months, the industry has recorded a loss of 7.9%, a far cry from the S&P 500’s 6.7% ascent.
Packaged foods company Kellanova (NYSE:K) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.6% year on year to $3.12 billion. Its non-GAAP profit of $0.92 per share was 10.7% above analysts’ consensus estimates.
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
Goldman Sachs and Morgan Stanley are two of the leading investment bankers on Wall Street posting double digit revenue growth in Q4, but which has more upside?
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including Mondelez (NASDAQ:MDLZ) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the shelf-stable food industry, including Kellanova (NYSE:K) and its peers.
