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Nonfarm payroll growth blows past estimates
Kellanova is a durable dividend-paying stock in the consumer staples segment, making it a good choice for investors seeking shelter from market volatility. The company is seeing strong organic net sales growth due to its retention of faster-growing brands post the WK Kellogg spin-off. Kellanova has the potential for margin expansion and aims to achieve a 15% operating margin by 2026. It's attractive at present for its yield and valuation.
CHICAGO , April 1, 2024 /PRNewswire/ -- Kellanova (NYSE: K) plans to issue its 2024 first quarter financial results at approximately 8:00 am ET on Thursday, May 2, 2024. The following documents will be available on the Company website https://investor.kellanova.com at 8:00 am ET: Press release, financial tables, GAAP reconciliations, prior periods' results recast for discontinued operations, and presentation slides.
"Kellogg fills its most ubiquitous cereal products in the US..with harmful artificial dyes, such as Red 40, Yellow 6, and Blue 1," Jason Karp wrote in a letter.
Several years ago, the idea of targeting top vegan stocks to buy might have seemed laughable. Today, circumstances are different and it's time to catch up.
In recent months, the economy has been marked by a series of apparent contradictions. To combat surging inflation, the FED has raised interest rates, which should, in theory, have a slowing-down effect on the stock market.
The boss of Kellogg's has been criticised for suggesting poor people should eat cereal for dinner to save money.
Kellogg is facing backlash for suggesting consumers eat cereal for dinner. The messaging comes as the cost of food is taking a huge bite out of consumers' budgets.
Kellogg's CEO Gary Pilnick advised shoppers chalking up more of their paychecks to soaring grocery bills than they have in the past three decades to just eat cereal instead.