WK Kellogg Co (KLG)

NYSE: KLG · Real-Time Price · USD
19.97
+0.17 (0.86%)
Feb 21, 2025, 4:00 PM EST - Market closed
0.86%
Market Cap 1.72B
Revenue (ttm) 2.71B
Net Income (ttm) 72.00M
Shares Out 86.10M
EPS (ttm) 0.82
PE Ratio 24.35
Forward PE 12.80
Dividend $0.66 (3.31%)
Ex-Dividend Date Feb 28, 2025
Volume 760,672
Open 20.00
Previous Close 19.80
Day's Range 19.65 - 20.07
52-Week Range 14.36 - 24.63
Beta n/a
Analysts Sell
Price Target 17.88 (-10.47%)
Earnings Date Feb 11, 2025

About KLG

WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co. and changed its name to WK Kellogg Co in March 2023. The company was founded in 1894 and is headquartered in Battle Creek, Michigan. [Read more]

Industry Packaged Foods
Founded 2022
Employees 3,150
Stock Exchange NYSE
Ticker Symbol KLG
Full Company Profile

Financial Performance

In 2024, WK Kellogg Co's revenue was $2.71 billion, a decrease of -1.99% compared to the previous year's $2.76 billion. Earnings were $72.00 million, a decrease of -34.55%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for KLG stock is "Sell." The 12-month stock price forecast is $17.88, which is a decrease of -10.47% from the latest price.

Price Target
$17.88
(-10.47% downside)
Analyst Consensus: Sell
Stock Forecasts

News

WK Kellogg Co (KLG) Q4 2024 Earnings Call Transcript

WK Kellogg Co (NYSE:KLG) Q4 2024 Earnings Conference Call February 11, 2025 9:30 AM ET Company Participants Karen Duke - VP of Finance & IR Gary Pilnick - Chairman and CEO Dave McKinstray - CFO Confe...

10 days ago - Seeking Alpha

Kellogg Looks to Donut Holes to Plug Leaks in US Market Share

Facing a drop in US market share, WK Kellogg (KLG) hopes to glaze over the issue.

10 days ago - Investopedia

WK Kellogg forecasts upbeat 2025 profit on cost cut efforts

WK Kellogg forecast annual profit above expectations on Tuesday and reported better-than-expected earnings as the breakfast cereal maker's efforts to clamp down on costs boosted its margins.

11 days ago - Reuters

WK Kellogg's profit crushes estimates but sales fall short in challenging market

A weaker Canadian dollar hurt sales.

11 days ago - Market Watch

WK Kellogg Co Announces Fourth Quarter and Full Year 2024 Financial Results; Provides 2025 Financial Outlook

BATTLE CREEK, Mich. , Feb. 11, 2025 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 fourth quarter and full year results in documents posted to the company website at https://inves...

11 days ago - PRNewsWire

WK Kellogg Co Announces Dividend Increase

BATTLE CREEK, Mich. , Feb. 6, 2025 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors has approved an increase in its quarterly dividend to $0.165 per share on the c...

15 days ago - PRNewsWire

WK Kellogg Co to Webcast Presentation at CAGNY Conference on Feb. 19, 2025

BATTLE CREEK, Mich. , Feb. 6, 2025 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that Gary Pilnick, Chairman and Chief Executive Officer, Doug VanDeVelde, Chief Growth Officer, Sherry Bric...

15 days ago - PRNewsWire

WK Kellogg Co to Host Conference Call on February 11

BATTLE CREEK, Mich. , Jan. 15, 2025 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that it will host a conference call on Tuesday, February 11, 2025, at 9:30 a.m.

5 weeks ago - PRNewsWire

WK Kellogg: Opportunity To Buy At Deep Discount To Fair Value

WK Kellogg Co offers a unique investment opportunity post-spinoff from Kellanova, with strong brand recognition and robust economic characteristics. KLG's valuation multiples significantly understate ...

6 weeks ago - Seeking Alpha

WK Kellogg Co to Participate in Morgan Stanley Global Consumer & Retail Conference

BATTLE CREEK, Mich. , Nov. 19, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that Gary Pilnick, Chairman and Chief Executive Officer, and Dave McKinstray, Chief Financial Officer will...

3 months ago - PRNewsWire

WK Kellogg Co (KLG) Q3 2024 Earnings Call Transcript

WK Kellogg Co (KLG Q3 2024 Results Conference Call November 7, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Finance and IR Gary Pilnick - Chairman and CEO Dave McKinstray - Chief ...

3 months ago - Seeking Alpha

WK Kellogg's stock rises as revenue and adjusted profit beat analyst estimates

WK Kellogg Co.'s stock rose 9% Thursday after the cereal giant beat analyst estimates for third-quarter adjusted profit and revenue.

3 months ago - Market Watch

WK Kellogg beats third-quarter estimates on demand, higher prices

WK Kellogg beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by robust consumer demand for its ready-to-eat cereals, including Froot Loops and Apple Jacks.

3 months ago - Reuters

WK Kellogg Co Announces Third Quarter Financial Results and Raises 2024 Adjusted EBITDA Guidance

BATTLE CREEK, Mich. , Nov. 7, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 third quarter results in documents posted to the company website at https://investor.wkkellogg.co...

3 months ago - PRNewsWire

WK Kellogg Co Declares Quarterly Dividend of $0.16 per Share

BATTLE CREEK, Mich. , Oct. 31, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors declared a dividend of $0.16 per share on the common stock of WK Kellogg Co, p...

4 months ago - PRNewsWire

WK Kellogg: Minimal Risks And Strong Upside Ahead

WK Kellogg, a mid-cap consumer staples stock, is undervalued with a forward P/E of 11.58x, a 3.63% dividend yield, and a $500M supply chain modernization plan. The company was spun off from Kellanova,...

4 months ago - Seeking Alpha

WK Kellogg Co to Host Conference Call on November 7

BATTLE CREEK, Mich. , Oct. 16, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that it will host a conference call on Thursday, November 7, 2024, at 9:30 a.m.

4 months ago - PRNewsWire

WK Kellogg is upbeat about going it alone as CEO says ‘don't sleep on our core brands'

Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin B...

6 months ago - Market Watch

WK Kellogg Co to Participate in the Barclays 17th Annual Global Consumer Staples Conference on Wednesday, September 4, 2024

BATTLE CREEK, Mich. , Aug. 15, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that Gary Pilnick, Chairman and Chief Executive Officer, and David Mckinstray, Chief Financial Officer, wi...

6 months ago - PRNewsWire

WK Kellogg Co May Be Worth More Than The Cereal It Sells

WK Kellogg Co stock is a potential buy opportunity at the current price post-separation of the snacks and food business. Kellogg owns significant market share in the cereal industry, with a relatively...

7 months ago - Seeking Alpha

WK Kellogg: Boycott Didn't Cause Sales Catastrophe

WK Kellogg reported its Q2 results with revenues in line with estimates despite a boycott affecting the company in the quarter. The ongoing supply chain modernization should aid margins further in the...

7 months ago - Seeking Alpha

WK Kellogg Co (KLG) Q2 2024 Earnings Call Transcript

WK Kellogg Co (NYSE:KLG) Q2 2024 Earnings Conference Call August 6, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Finance and IR Gary Pilnick - Chairman and CEO Dave McKinstray - ...

7 months ago - Seeking Alpha

WK Kellogg Q2 revenue beats but stock slips on earnings miss, lowered guidance

WK Kellogg Co. beat Wall Street's revenue expectations in its second-quarter results Tuesday but the food giant's shares slipped on weaker-than-expected earnings and lowered sales guidance.

7 months ago - Market Watch

WK Kellogg to streamline production as slowing demand pressures sales

WK Kellogg plans to completely shutdown its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker's headcount by more than 17%, it said on Tuesday, as...

7 months ago - Reuters

WK Kellogg Co Announces Second Quarter Financial Results and Next Steps of Supply Chain Modernization Plan

BATTLE CREEK, Mich. , Aug. 6, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 second quarter results in documents posted to the company website at https://investor.wkkellogg.c...

7 months ago - PRNewsWire