Kellogg Company (Kellanova) (NYSE: K)
Packaged Foods · Chicago, IL, United States · Founded 1906
- Market capitalization: $25.0 billion
- Annual revenue: $13.0 billion
- Net income: $1.0 billion
- Employees: 23,000
- Sector: Consumer Defensive
- Headquarters: Chicago, United States
- Founded: 1906
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Kellanova is the global snacking company spun off from Kellogg Company in 2023, retaining powerhouse brands like Pringles, Cheez-It, Pop-Tarts, and Eggo. The company operates in over 180 markets with a portfolio tilted heavily toward snacking rather than cereal. Mars announced its acquisition of Kellanova in 2024 for approximately $36 billion, one of the largest food industry deals ever.
Kellanova generates revenue from the sale of snack foods, frozen breakfast items, and noodles/other products globally. The snacking portfolio commands higher margins and growth rates than the legacy cereal business that was separated.
Kellogg Company was founded in 1906 by W.K. Kellogg in Battle Creek, Michigan. The 2023 split separated the high-growth snacking business (Kellanova) from the slower-growth North American cereal operation (WK Kellogg Co). Mars's acquisition bid in 2024 valued the snacking portfolio at a significant premium.
| Market Capitalization | $25.0B |
| Annual Revenue | $13.0B |
| Net Income | $1.0B |
| Profit Margin | 8% |
| Revenue per Employee | $565217K |
| Stock Exchange | NYSE |
| Ticker Symbol | K |
Financial data is approximate and based on most recent annual filings.
Pringles, Kellanova's largest brand, was originally developed by Procter & Gamble and acquired by Kellogg in 2012 for $2.7 billion. Pop-Tarts experienced a cultural renaissance through viral marketing and a Pop-Tarts Bowl college football sponsorship.
The Mars acquisition validates the thesis that the snacking portfolio was undervalued inside old Kellogg. For shareholders, this is a clean exit at a premium—the strategic logic of combining Kellanova's brands with Mars's distribution is compelling.
What is Kellogg Company (Kellanova)'s revenue?
Kellogg Company (Kellanova) generates approximately $13.0 billion in annual revenue.
How many employees does Kellogg Company (Kellanova) have?
Kellogg Company (Kellanova) employs approximately 23,000 people worldwide.
What is Kellogg Company (Kellanova)'s market cap?
Kellogg Company (Kellanova) (K) has a market capitalization of approximately $25.0 billion on the NYSE.
When was Kellogg Company (Kellanova) founded?
Kellogg Company (Kellanova) was founded in 1906 and is headquartered in Chicago, IL, United States.
Who is the CEO of Kellogg Company (Kellanova)?
Steve Cahillane is the current CEO of Kellogg Company (Kellanova).
What is Kellogg Company (Kellanova)'s website?
Kellogg Company (Kellanova)'s official website is kellanova.com.
| CEO | Steve Cahillane |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Founded | 1906 |
| HQ | Chicago, IL |
| Country | United States |
| Website | kellanova.com |