As of today, Kellogg's has split into two entities: Kellanova (K) and WK Kellogg Co. (KLG). Kellanova's spinoff will take charge of the company's global snack segment, while WK Kellogg will be focused on its North American cereal brands. Kellanova CEO Steve Cahillane — originally the Kellogg CEO before the spinoff — joins Yahoo Finance Executive Editor Brian Sozzi at the New York Stock Exchange to discuss the reasons behind the change and what both consumers and investors can expect from each company going forward. 'We really think that the best way forward for our cereal business is for [WK Kellogg Co.] to be a dedicated team focused on North American cereal with their own strategy, balance sheet, and access to capital,' Cahillane says. When asked about inflation and what it means for the new company moving forward, Cahillane says 'As we stare into 2024, luckily, we're not looking at that same input cost inflation... We'll have the benefits of pricing that we took this year, but as we look at next year, we're looking at a much better balance between volume and price.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
). Kellanova's spinoff will take charge of the company's global snack segment, while WK Kellogg will be focused on its North American cereal brands.at the New York Stock Exchange to discuss the reasons behind the change and what both consumers and investors can expect from each company going forward.
When asked about inflation and what it means for the new company moving forward, Cahillane says"As we stare into 2024, luckily, we're not looking at that same input cost inflation... We'll have the benefits of pricing that we took this year, but as we look at next year, we're looking at a much better balance between volume and price.
Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Although it's easy to blame our money woes on outside economic forces, healthy personal finances are governed by motivation and mindset. Fixing your current situation means taking responsibility about... -- The third quarter was a story of dashed hopes in emerging markets, with the unraveling of some of the most profitable trades in the asset class.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil Latest: Halliburton CEO Sees Market Tightening FurtherMinisters and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for OPEC+ supply cuts are among topics that will be discussed from Monday.
Read more »
Monday’s Insider Report: CEO tops up his investment in this leading gas producerA look at recent notable transactions
Read more »
Carlyle Taps New Investor Relations Boss As CEO Reshapes C-Suite(Bloomberg) -- Carlyle Group Inc. hired a new investor relations head as new Chief Executive Harvey Schwartz reshapes the leadership at the private equity firm.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Crisis Looms for the World’s Everything OilSevere Crash Is Coming for US Office Properties, Investors SayJeff Nedelman, 56, is
Read more »
Carlyle Taps New Investor Relations Boss As CEO Reshapes C-SuiteCarlyle Group Inc. hired a new investor relations head as new Chief Executive Harvey Schwartz reshapes the leadership at the private equity firm.
Read more »
The Daily Chase: Laurentian Bank names new CEO; First Q4 trading dayHere are five things you need to know this morning.
Read more »