Kellanova Co (NYSE:K)
$ 61.86 0.26 (0.42%) Market Cap: 21.15 Bil Enterprise Value: 27.50 Bil PE Ratio: 23.17 PB Ratio: 6.71 GF Score: 67/100
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Kellogg Co at Consumer Analyst Group of New York Conference Transcript

Feb 20, 2019 / 01:00PM GMT
Release Date Price: $54.85 (+1.79%)
Jonathan Patrick Feeney
Consumer Edge Research, LLC - Senior Analyst of Food & HPC, Director of research and Managing Partner

Good morning. I'm Jonathan Feeney, Co-Chairman of CAGNY, and it's my pleasure to welcome you to day 2 of our CAGNY meeting, my 17th. And it's an honor once again to introduce the management team of Kellogg, a longtime sponsor of CAGNY. And with us today, we have their CEO, Steve Cahillane; their CFO, Fareed Khan; their President of North America, Chris Hood; and their Vice President of Investor Relations, John Renwick. Please join me in thanking them for sponsoring a great breakfast once again that many of us look forward to every year, including our families. Thank you.

Under Steve's leadership, Kellogg is clearly putting more resources behind the things that are working. For example, during 2018, they grew the iconic brands like Froot Loops, doubled distribution of the recently acquired RX and increased stakes in their West Africa business, so they now boast nearly 20% of sales in fast-growing emerging markets, quite a transformation.

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