WK Kellogg Co (KLG) News & Sentiment

KLG Q4 results show lower net sales but higher earnings. The gross margin expands 130 bps y/y on cost discipline and operational efficiency improvements.

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 Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Kenneth Goldman - JPMorgan Max Gumport - BNP Paribas Matthew Smith - Stifel David Palmer - Evercore ISI Robert Dickerson - Jefferies Robert Moskow - TD Securities Operator Hello, everyone, and welcome to the WK Kellogg Fourth Quarter 2024 Earnings Call. My name is Lydia, and I'll be your operator today.

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

WK Kellogg (KLG) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.18 per share a year ago.

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://investor.wkkellogg.com/news-events/events-and-presentations/default.aspx.

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 Brice, Chief Supply Chain Officer, and Dave McKinstray, Chief Financial Officer, will be featured presenters at the Consumer Analyst Group of New York (CAGNY) Conference in Orlando, Florida, on February 19, 2025.

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.

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 its cash earnings and invested capital value, suggesting it should trade at higher valuations. The company enjoys high ROIC, negative NWC position, and competitive advantages, making it a "super cash cow" with substantial growth potential.

Shares of cereal behemoth WK Kellogg (KLG 1.34%) were down 14% this week as of 10:30 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.