Kellogg is an international food company. Founded by Will Keith Kellogg in 1906, Kellogg is a public company, listed on the New York Stock Exchange as K. The head office for Kellogg is located in Battle Creek, Michigan, USA.
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Kellogg last week announced mixed second-quarter results, with growth in underlying operating profit above analyst expectations but reported revenue missing forecasts on Wall Street and underlying sales declining. However, the Special K and Pringles maker lifted its forecast for underlying earnings per share for 2016 - and raised its target for underlying operating margin for 2017/18. Its shares closed up on the day. just-food provides the most important talking points from what was a detailed announcement.
Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal.
Australia has been one of the countries at the forefront of the rise of the gluten-free sector and, as the market has expanded, so more companies have entered the category. However, as the market has developed, so its rate of growth has started to slow. just-food looks at Australia's gluten-free breakfast cereal category and analyses the prospects of a still-growing but more mature segment.
There is speculation over the future ownership of UK-based meat-free business Quorn Foods. It is hardly surprising. Quorn has been owned by a private-equity firm since 2010 and is a business enjoying continued solid growth in a challenging industry. Dean Best spoke to Quorn CEO Kevin Brennan about the sale rumours and his plans for the business this year.
While speculation over the future ownership of United Biscuits intensifies, the UK snack maker is making strides beyond its domestic market, with a significant proportion of its growth coming from developing economies – Africa, the Middle East, India and China in particular. Jeff van der Eems, chief executive of UB's international business, speaks to Andrew Don about the company's international ambitions.
US cereal-to-snack group Kellogg has confirmed it plans to eliminate 250 positions at its operations in North America.
Nestle, PepsiCo, Unilever and Kellogg are among the companies to have signed up to a global initiative aimed at improving food sourcing, reducing waste and supporting "adjustments" in food production methods to promote "healthy and sustainable diets".
Kellogg has launched a granola under its All-Bran brand in Canada as part of a list of new products to hit the market this year.
Kellogg has named US Foods finance chief Fareed Khan as its new CFO.
Kellogg fund Eighteen94 Capital has announced US firm Kuli Kuli, a company making bars and powders from plant food moringa, as its first investment.
Kellogg has announced the launch of a raft of "nutritious" products in North America, drawing on "innovations" in its cereals range, as well as new snacks and gourmet frozen food options.
Kellogg has re-introduced its breakfast cereals and snack brand Pringles into Iran.
Wilmar International, the agribusiness accused by Amnesty International of running Indonesian palm oil plantations that contribute to child labour and human rights abuses, has called for collaboration to achieve a "labour transformation" across the global palm oil industry.
Nestle, Unilever and Kellogg are among the companies that are contributing to child labour and human rights abuses, Amnesty International has claimed in a report published today (30 November).
There is "a shocking difference in levels of salt and sugar" in breakfast cereals sold in nearly 30 countries by Kellogg and Cereal Partners Worldwide, a study published today (29 November) has claimed.
Consumer protection chiefs in Chile are suing Kellogg, Nestle and Mars Inc for displaying children's cartoon characters on products high in sugar in alleged breaches of advertising laws to combat obesity.
Unilever CEO Paul Polman and Danone chief executive Emmanuel Faber are among a clutch of senior industry executives to reiterate their support for the implementation of the Paris Agreement on climate change, amid fears President-elect Donald Trump may look to remove the US from the deal.
Fifteen companies have been named as members of the "inaugural class" of US Food Loss and Waste 2030 Champions – a national campaign to recognise US businesses and organisations pledging concrete steps to reduce food loss and waste in their operations by 50% by 2030.
PepsiCo is taking aim at the Pringles brand in France with the local launch of its Lay's Stax sub-brand.
Shares in US food majors including Mondelez International and General Mills rose yesterday (8 November) after Brazilian reports suggested investment firm 3G Capital is raising US$8-10bn to fund more acquisitions.
Kellogg today (1 November) lowered its top-line forecast for 2016 after another quarter of falling sales, although the Special K and Pringles owner upped its estimate for the underlying earnings per share it expects to generate this year.
Kellogg has extended its range of MorningStar Farms meat-alternative meals in the US with the introduction of five new vegetarian options.
Kellogg has announced a licensing partnership with US protein processing and innovation firm Mistica Foods to launch ready-to-cook chicken breast bites breaded with its Cheez-It crackers in their domestic market.
US snacks-to-cereal giant Kellogg has become a "controlling" shareholder in Brazilian snack maker Parati Group through its acquisition of Ritmo Investimentos.
Kellogg has confirmed it is planning to close its only cereal manufacturing plant in Germany.
Kellogg said today (15 August) it is going "back to basics" with the launch of a range of granola and muesli products in the UK that "boasts a delicious blend of classic, well-known ingredients".
Kellogg has lifted its forecast for underlying earnings per share for 2016 - and raised its target for underlying operating margin for 2017/18.
Market speculation over a possible takeover of Kellogg surfaced this week, with the snacks-to-cereal maker linked to both Kraft Heinz and Coca Cola Co.
US cereal giant Kellogg's revealed plans to open a cafe in New York City, located at a prime location on Broadway.
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