Kellogg Company

News and overview for Kellogg Company

Walgreens Names Kathleen Wilson-Thompson Senior Vice President and Chief Human Resources Officer; Charles V. Greener Named Vice President of Corporate Affairs and Communications [Press Release]
Business Wire | 1 hour 59 minutes ago
Walgreens (NYSE:WAG)(NASDAQ:WAG) today announced the appointment of two new executives. Kathleen Wilson-Thompson has been named senior vice president and chief human resources officer, and Charles V. Greener has been named to the new position of vice president of corporate affairs and communications. They will join the company on Jan. 4.


Fitch Rates Kellogg's $500MM Notes 'A-'; Outlook Stable [Press Release]
Business Wire | 6 days 20 hours 51 minutes ago
Fitch Ratings has assigned an 'A-' rating to Kellogg Company's (Kellogg) $500 million 4.15% senior unsecured notes due Nov. 15, 2019. The Rating Outlook is Stable. Total debt on Oct. 3, 2009 was $5.3 billion, including $433 million of commercial paper (CP).


Annex Moves Forward In Lawsuit Against Kellogg [Press Release]
PRNewswire | 26 days 14 minutes ago
NEW YORK, Oct. 28 /PRNewswire/ -- Annex Holdings, the former owner of Wholesome & Hearty Foods Company ("WHF"), today announced that it has filed a reply in its pending lawsuit against Kellogg Company


Kellogg Company Discontinues Immunity Statements On Rice Krispies Cereals [Press Release]
PRNewswire | 18 days 16 hours 33 minutes ago
Kellogg Company Discontinues Immunity Statements On...4 /PRNewswire-FirstCall/ -- Kellogg Company today announced its decision to discontinue...Rice Krispies cereals. Last year, Kellogg Company started the development of adding antioxidants...


Fitch: U.S. Packaged Foods Industry to Benefit from Value-Focused Consumers in 2010 [Press Release]
Business Wire | 5 days 3 hours 37 minutes ago
Fitch Ratings expects consumers to remain value conscious when making food purchase decisions in 2010, which will support the stable outlook for U.S. packaged foods companies. Although the economy has started to recover, unemployment has reached 10 percent and is expected to remain high, which will weigh heavily on consumer spending. This value focus provides both pros and cons for packaged foods companies, which benefit from consumers' propensity to eat at home more often, but face weaker op...


Kellogg Company Dedicates Expansion of Premier Product Development Institute [Press Release]
PRNewswire | 55 days 4 hours 57 minutes ago
Kellogg Company Dedicates Expansion of Premier Product...29 /PRNewswire-FirstCall/ -- Kellogg Company today held a dedication ceremony to...W.K. Kellogg Institute in 1997, Kellogg Company has seen net sales double from $6...


Leggo my Eggo! Kellogg fights waffle shortage
Boston Globe, The | 4 days 14 hours 24 minutes ago
ATLANTADear Kellogg: Leggo my Eggo! Kellogg Co. says there will be a nationwide shortage of its popular Eggo frozen waffles until next summer because of interruptions in production at two of the four plants that make them.


Losing Weight and Giving Back Never Felt Better [Press Release]
PRNewswire | 76 days 4 hours 11 minutes ago
BATTLE CREEK, Mich., Sept. 8 /PRNewswire/ -- This fall, the


W.K. Kellogg Foundation Chief Investment Officer Retires; New Chief Named [Press Release]
PRNewswire | 96 days 4 hours 11 minutes ago
...and investor relations at the Kellogg Company, will join the foundation as...addition to his current role at the Kellogg Company, Wittenberg has served as corporate...manufacturer. Prior to joining the Kellogg Company, he was vice president and treasurer...


Updates, advisories and surprises - MarketWatch
MarketWatch | 24 days 23 hours 24 minutes ago
Exxon Mobil sees 2009 capital spending about flat


Kellogg's(R) Frosted Mini-Wheats(R) Cereal and Mom's Homeroom on MSN Help Moms Get Ready for Back-To-School Time [Press Release]
PRNewswire | 102 days 4 hours 11 minutes ago
...and director of mom brands at Kellogg Company. "Parents carry a wealth of...sales of nearly $13 billion, Kellogg Company is the world's leading producer...www.kelloggcompany.com. Kellogg Company's Corporate Responsibility...


Research and Markets: United States Food and Drink Report - Q4 2009 Edition [Press Release]
Business Wire | 17 days 1 hour 59 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/dc8df2/united_states_food) has announced the addition of the "United States Food and Drink Report Q4 2009" report to their offering.


Insignia Systems, Inc. to Hold Conference Call on Wednesday, October 28 [Press Release]
Business Wire | 32 days 32 minutes ago
Insignia Systems, Inc. (NASDAQ:ISIG) today announced that it intends to hold a conference call on Wednesday, October 28 at 4:00 PM Central Time to discuss the Company's financial performance for the 2009 third quarter results, which will be released Wednesday, October 28 at 3:05 PM Central Time. To access the live call dial toll-free 877-723-9502 or toll 719-325-4776. The conference code is 7201154. Please be sure to call in about 5-10 minutes before the call is scheduled to begin. Audio repl...


Fitch Solutions: Liquidity Up Among Auto Consumer Goods as CDS Tightens [Press Release]
Business Wire | 28 days 6 minutes ago
As CDS spreads continue to tighten in the consumer goods sector, uncertainty reigns supreme among those entities that specialize in manufacturing auto parts as evidenced by rising liquidity, according to Fitch Solutions in its latest update on Global CDS Spreads/Liquidity Scores for companies scheduled to come out with earnings announcements in the coming week.





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Company Overview


Company: Kellogg Company
Industry: Pastas & Cereals
Website: http://www.kelloggcompany.com

Kellogg is in a constant battle for the #1 spot in the US cereal market with its main rival, General Mills. (In 2008 both held a 29.8% market share, so we'll call it a tie for now.) Among Kellogg's well-known brands are Frosted Flakes, Corn Pops, and Rice Krispies. And while the company fills many a cereal bowl every morning, it buffs up its bottom line with snacks and cookies (Keebler and Famous Amos), along with convenience foods such as Eggo waffles and Nutri-Grain cereal bars. The private charity the W. K. Kellogg Foundation owns 25% of the company. The George Gund Foundation owns 16%. The Gund family, which sold its coffee business (later Sanka) to Kellogg in 1927, owns 9% of the company.


Key Numbers

Sales in U.S. Dollars (mil.) 12,822 (2008)
One-year % Growth in Sales 8.9 (2008)
Net Income in U.S. Dollars (mil.) 1,148 (2008)
One-year % Growth in Net Income 4.1 (2008)
Number of Employees 32,400 (2008)
One-year % Growth in Number of Employees 24.6 (2008)
Fiscal Year-End December