Get all your news in one place.

100’s of premium titles.
One app. Zero ads.

Get all your news in one place.

100’s of premium titles. One news app. Zero ads.

The Latest Breaking News on Steve Cahillane

Analysis: Why Did Kellogg Company Reconfigure Itself By Creating Three Businesses?

This morning's announcement by Kellogg Company (NYSE: K) to disconnect its North American cereal and plant-based foods businesses and create three new independent publicly-traded companies via a tax-free spinoff

Benzinga

Kellogg pops as it plans spin-off of legacy cereal business

New York (AFP) - Iconic breakfast food brand Kellogg became the latest US corporate giant to announce a breakup, unveiling plans Tuesday to split into three companies in a move that lifted its share price.

AFP

Kellogg Stock Surges Amid Plans to Split Iconic Cereal Maker Into Three Separate Companies

"These businesses all have significant standalone potential, and an enhanced focus will enable them to better direct their resources toward their distinct strategic priorities," said CEO Steve Cahillane.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

Why Kellogg Shares Are Trading Higher Today

Kellogg Company (NYSE:K) reported first-quarter FY22 sales growth of 2.4% year-on-year to $3.67 billion, beating the consensus of $3.59 billion. Adjusted EPS of $1.10 beat the analyst consensus of $0.93. Kellogg North America's sales decreased 1%, Europe climbed 2%, Latin America's sales gained 8%, Asia Pacific, Middle East, and Africa's sales jumped 12%.…

Benzinga

Kellogg Stock Gains On Q4 Earnings Beat

Kellogg Co (NYSE:K) reported a fourth-quarter FY21 sales decline of 1.3% year-on-year, to $3.42 billion, beating the analyst consensus of $3.39 billion. Q4 sales were negatively affected by lapping an extra week in the year-earlier period. Adjusted EPS of $0.83 beat the analyst consensus of $0.79. Kellogg North America's sales decreased 3%, Europe…

Benzinga

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.