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  1. Aug 14, 2024 · The supply chain overhaul is a strategic move by WK Kellogg to better compete in the market, especially in terms of financial performance and profit margin enhancement. Pilnick emphasized that the supply chain modernization is the “centerpiece of our margin expansion program.”. The company plans to spend approximately $45 million in 2024 ...

  2. Oct 2, 2023 · Kellogg officially split into two distinct, publicly traded companies, and shares of both tumbled on Monday in their first trading session since the separation. Kellanova (K), which kept the old ...

    • Bill Mccoll
  3. Jun 21, 2022 · It will be worth about $340 million in net sales based on 2021 numbers. The “North America Cereal Co.” and “Plant Co.” will remain headquartered in Battle Creek, Michigan, while the ...

  4. Aug 12, 2024 · WK Kellogg will invest up to $500 million over the next three years to update its supply chain as it pursues increased production output and improved profit margins, according to a Q2 2024 earnings call. The cereal maker behind Frosted Flakes and Raisin Bran will spend $390 million on new equipment and infrastructure as part of the plan, with ...

  5. Mar 17, 2023 · Household cereal and snack brand Kellogg’s announced on March 15, 2023, that it will be splitting into two public companies. It also revealed the new names of both entities. If you’re a ...

    • Jennifer Farrington
  6. Sep 11, 2023 · USA TODAY. 0:02. 1:26. Kellogg Company is splitting in to two independently traded companies, spinning off their global snacking business into Kellanova and North American cereal brand into WK ...

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  8. Mar 15, 2023 · The "Kellogg's" branding will remain on all product packages of both companies globally, despite these new names. In order to reach a decision on the new names, Kellogg says it turned to its ...

    • 8 min
    • Brooke DiPalma
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