Kellogg Co.

Kellogg is engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods. The company's principal products are snacks, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites, fruit-flavored snacks; and convenience foods, such as, ready-to-eat cereals, frozen waffles and veggie foods. The company's snacks brands are marketed under brands such as Kellogg's, Keebler, Cheez-It, Pringles, Murray, Austin, Famous Amos, Parati, and RXBAR. The company's cereals and cereal bars are generally marketed under the Kellogg's name, with some under the Kashi and Bear Naked brands. The company's frozen foods are marketed under the Eggo and Morningstar Farms brands.
  • TickerK
  • ISINUS4878361082
  • ExchangeNew York Stock Exchange
  • SectorFood Producers
  • CountryUnited States

Analysts

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

Erin Lash

Morningstar | Despite Modest Gains, Broad-Based Sales Growth Eludes Kellogg in 1Q; Shares a Bargain

While change has been underway at Kellogg for quite some time (encompassing its move away from direct-store distribution, efforts to divest noncore offerings and SKUs, and bolster investments behind its manufacturing capabilities and brands), we posit the wide-moat packaged food manufacturer is still in the early innings, as evidenced by muted sales (at just 0.3%) and continued profit erosion in its first fiscal quarter. More specifically, adjusted gross margins contracted 340 basis points to 32.9% (the bulk of which stemmed from inflationary pressures, the costs associated with a product reca...

Erin Lash

Despite Modest Gains, Broad-Based Sales Growth Eludes Kellogg in 1Q; Shares a Bargain

While change has been underway at Kellogg for quite some time (encompassing its move away from direct-store distribution, efforts to divest noncore offerings and SKUs, and bolster investments behind its manufacturing capabilities and brands), we posit the wide-moat packaged food manufacturer is still in the early innings, as evidenced by muted sales (at just 0.3%) and continued profit erosion in its first fiscal quarter. More specifically, adjusted gross margins contracted 340 basis points to 32...

Kellogg Company: Kellogg's sale of Keebler will reduce debt, a credit positive

The deal is credit positive because we assume the company will use the net proceeds primarily to reduce debt.

Kellogg Company - December 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Kellogg Company - September 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Kellogg Company - June 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Kellogg Company - March 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Erin Lash

Morningstar | Despite Modest Gains, Broad-Based Sales Growth Eludes Kellogg in 1Q; Shares a Bargain

While change has been underway at Kellogg for quite some time (encompassing its move away from direct-store distribution, efforts to divest noncore offerings and SKUs, and bolster investments behind its manufacturing capabilities and brands), we posit the wide-moat packaged food manufacturer is still in the early innings, as evidenced by muted sales (at just 0.3%) and continued profit erosion in its first fiscal quarter. More specifically, adjusted gross margins contracted 340 basis points to 32.9% (the bulk of which stemmed from inflationary pressures, the costs associated with a product reca...

Erin Lash

Despite Modest Gains, Broad-Based Sales Growth Eludes Kellogg in 1Q; Shares a Bargain

While change has been underway at Kellogg for quite some time (encompassing its move away from direct-store distribution, efforts to divest noncore offerings and SKUs, and bolster investments behind its manufacturing capabilities and brands), we posit the wide-moat packaged food manufacturer is still in the early innings, as evidenced by muted sales (at just 0.3%) and continued profit erosion in its first fiscal quarter. More specifically, adjusted gross margins contracted 340 basis points to 32...

Erin Lash

Morningstar | Despite Slimming Down, Wide-Moat Kellogg Prudently Working to Cook Up Profitable Sales Growth

After just more than a year at the helm, Kellogg CEO Steve Cahillane has laid out his strategic road map after closing the chapter on its move away from direct-store distribution. We’ve long viewed this shift toward warehouse distribution, initially disclosed in February 2017, as a prudent way to extract complexity from its operations while freeing up funds to reinvest in brand-building as opposed to its distribution network prior. We forecast Kellogg will spend around 8% of sales, or about $1.2 billion annually, on R&D and marketing, which should ensure it weathers competitive pressures--resu...

Erin Lash

Despite Slimming Down, Wide-Moat Kellogg Prudently Working to Cook Up Profitable Sales Growth

Wide-moat Kellogg announced on April 1 it has inked an agreement to sell its cookie, fruit snack, cone, and pie crust businesses (including brands such as Keebler, Mother’s, Famous Amos, and Stretch Island) to privately held Ferrero for $1.3 billion. The deal, which is expected to close by the end of July, implies a valuation of around 1.5 times trailing sales (only modestly below the 2 times expectation we had previously laid out) and 17 times operating income, which still strikes us as a decen...

Erin Lash

Morningstar | Kellogg Slims Down by Selling Cookie Assets to Ferrero; Shares Worth Snacking On

Wide-moat Kellogg announced on April 1 it has inked an agreement to sell its cookie, fruit snack, cone, and pie crust businesses (including brands such as Keebler, Mother’s, Famous Amos, and Stretch Island) to privately held Ferrero for $1.3 billion. The deal, which is expected to close by the end of July, implies a valuation of around 1.5 times trailing sales (only modestly below the 2 times expectation we had previously laid out) and 17 times operating income, which still strikes us as a decent price. Kellogg initially disclosed its intention to part ways with these assets in November, given...

1 director bought

A director at Kellogg Co bought 8,190 shares at 62.143USD and the significance rating of the trade was 98/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board me...

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

ValuEngine Rating and Forecast Report for K

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