Kellanova (NYSE:K) introduces limited-edition summer snacks and products across its iconic brands.
The KELLOGG W K FOUNDATION TRUST sells 114,583 shares, yet Kellanova’s market position remains strong with a market capitalization of approximately $28.27 billion.
New plant-based and seasonal offerings aim to enhance summer celebrations and support Kellanova’s commitment to equitable food access.
Kellanova (NYSE:K) is making a splash this summer with a range of seasonal snacks and products. Known for its iconic brands like Cheez-Its®, Pringles®, Pop-Tarts®, and Eggo®, the company is introducing limited-edition items and festive packaging to enhance summer celebrations. Cheez-It is gaining attention with its Flag Summer crackers and a special collaboration with Palermo’s Pizza, available for a limited time.
In the financial realm, the KELLOGG W K FOUNDATION TRUST, a significant shareholder, recently sold 114,583 shares at approximately $81.89 each. Despite this transaction, the trust still holds 46.36 million shares. The stock is currently priced at $81.48, reflecting a slight decrease of 0.63% today, with a trading range between $81.40 and $81.63.
Pringles is embracing the season with patriotic packaging, perfect for on-the-go snacking. Pop-Tarts is launching Ice Cream Sandwiches and new Ice Cream Pints in flavors like Frosted Strawberry and Brown Sugar Cinnamon, along with a branded pool floatie for stylish lounging. Eggo is offering Ice Cream Sandwiches and Pints in flavors such as Buttery Maple and Chocolate Chip, alongside new Pancake Birthday Cake Pouched Minis for convenient snacking.
Kellanova’s stock has seen a 52-week high of $83.22 and a low of $55.96, with a market capitalization of approximately $28.27 billion. The trading volume today is 3,233,827 shares. Despite the recent stock price dip, Kellanova remains a leader in global snacking and North American frozen foods, with net sales of $13 billion in 2023.
MorningStar Farms is heating up the grill with its plant-based Sizzlin’ Steakhouse Burgers, adding a savory twist to summer barbecues. Rice Krispies Treats is also joining the summer fun with a lineup of seasonal specials. Kellanova is committed to creating better days and ensuring equitable food access, aiming to impact 4 billion people by 2030.