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April 19, 2021

KELLOGG

Kellogg investing to retain, recruit employees to Battle Creek

FoodBusinessNews
BATTLE CREEK, MICH. — Kellogg Co. has announced plans to invest $150,000 in Battle Creek Unlimited’s (BCU) Talent Retention, Attraction and Inclusion Incentive (TRAIN), a program designed to help Battle Creek employers encourage new or existing employees to move to Battle Creek. The BCU’s initiative provides a path to homeownership,......

Kellogg, PepsiCo garner accolades for commitment to business integrity

FoodBusinessNews
NEW YORK — ADM, Grupo Bimbo SAB de CV, Ingredion, Inc., Kellogg Co. and PepsiCo, Inc. were among the 135 companies recognized recently by the Ethisphere Institute for their commitment to business integrity. Ethisphere, a global leader in defining and advancing the standards of ethical business practices, over the past......

Kellogg returns to balanced financial growth

FoodBusinessNews
BATTLE CREEK, MICH. — Buoyed by a pandemic that the company’s chief executive officer said provided “a sampling event like none other,” Kellogg Co. turned in strong earnings growth during fiscal 2020. Net income in the fiscal year ended Jan. 2 totaled $1.25 billion, equal to $3.65 per share on......

Kellogg to quit selling RXBAR in the UK

FoodBusinessNews
LONDON — Kellogg Co. has announced plans to cease production of its RXBAR brand in the United Kingdom, a little more than two years after entering the market. Kellogg said it still intends to market the product in the United States and Canada. “Kellogg is proposing to close its UK......

Credit Suisse lowers Kellogg outlook to ‘neutral’

FoodBusinessNews
NEW YORK — Credit Suisse in a Nov. 23 research note downgraded Battle Creek, Mich.-based Kellogg Co. to “neutral” from “outperform,” while also lowering the company’s 2021 earnings-per-share estimate to $3.95 from $4.10. In issuing its revised outlook, Credit Suisse research analyst Robert Moskow said the credit agency now expects......

While not as fast, Kellogg business still growing

FoodBusinessNews
BATTLE CREEK, MICH. — While not the eye-popping numbers recorded earlier in the year, The Kellogg Co. continued to enjoy strong growth in the third quarter, said Steven A. Cahillane, chairman and chief executive officer.  During the quarter, the company gained share in most of its primary US categories. Kellogg......

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