Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg’s, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr’s, Kellogg's Extra, Müsli, Fruit ‘n Fibre, Kellogg’s Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, and Choco Krispies brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is headquartered in Chicago, Illinois.
Kellanova's Transition | Explore Kellanova's strategic shift post spin-off, focusing on snacking and international markets, with 50% of sales from well-known brands like Pringles and Cheez-It |
Financial Landscape | Delve into Kellanova's mixed financial picture, featuring positive volume growth and margin expansion, with EPS estimates ranging from $3.65 to $3.91 |
M&A Buzz | Uncover the potential Mars acquisition of Kellanova, potentially the largest industry deal since 2015, amidst a surge in packaged food sector M&A activity |
Growth vs. Margins | Analyst price targets range from $60 to $83.50, reflecting the challenge of balancing volume growth with profitability in a competitive packaged food landscape |
Metrics to compare | K | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipKPeersSector | |
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P/E Ratio | 27.0x | 9.8x | 11.5x | |
PEG Ratio | 1.24 | 0.56 | 0.03 | |
Price/Book | 7.6x | 1.8x | 1.5x | |
Price / LTM Sales | 2.2x | 1.1x | 0.9x | |
Upside (Analyst Target) | 3.1% | 10.4% | 18.3% | |
Fair Value Upside | Unlock | 9.9% | 8.4% | Unlock |