AcquisitionWK Kellogg announced a definitive agreement to be acquired by Ferrero for $23/share in cash, representing a 40% premium to KLG's unaffected 30-day VWAP.

Market ExpansionFerrero's acquisition of WK Kellogg is expected to increase its U.S. retail sales significantly, showcasing a strategic expansion in the North American market.

Bears Say

Financial PerformanceWK Kellogg announced that 2Q sales and EBITDA both missed expectations, with sales down by 9% and EBITDA down by 42%.

ValuationThe transaction EV/EBITDA multiple is higher than the average forward EBITDA multiple of comparable companies, indicating a relatively high valuation.

WK Kellogg Co News

Ferrero Completes Acquisition of WK Kellogg Co

WK Kellogg Co ( ($KLG) ) has issued an announcement. On September 26, 2025, Ferrero Group completed its...

2M ago

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ACM Research to replace WK Kellogg in S&P 600 at open on 9/26

The Ferrero Group is acquiring WK Kellogg (KLG) in a deal expected to close soon, pending final closing...

2M ago

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ACMR

WK Kellogg Co Approves Merger with Ferrero International

WK Kellogg Co ( ($KLG) ) has shared an update. On September 19, 2025, WK Kellogg Co held...

3M ago

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WK Kellogg Co Announces Merger with Ferrero

WK Kellogg Co ( ($KLG) ) has issued an update. WK Kellogg Co announced a merger agreement with...

3M ago

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WK Kellogg Faces Legal Challenges Amid Merger Plans

WK Kellogg Co ( ($KLG) ) has issued an update. On July 10, 2025, WK Kellogg Co entered...

3M ago

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WK Kellogg assumed with a Neutral at JPMorgan

JPMorgan assumed coverage of WK Kellogg (KLG) with a Neutral rating and price target of $23, up from...

4M ago

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WK Kellogg Co Announces Special Meeting for Merger Vote with Ferrero

New activity is brewing for WK Kellogg Co ( ($KLG) ). The company has submitted a Form DEFM14A...

4M ago

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WK Kellogg in pact with Texas to remove cereal dyes by 2028

Texas Attorney General Ken Paxton said this week WK Kellogg (KLG) will permanently remove dyes from its cereals....

4M ago

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WK Kellogg in pact with Texas to remove cereals dyes by 2028

Texas Attorney General Ken Paxton said this week WK Kellogg (KLG) will permanently remove dyes from its cereals....

4M ago

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WK Kellogg Co Reports Q2 2025 Earnings

WK Kellogg Co ( ($KLG) ) has released its Q2 earnings. Here is a breakdown of the information...

4M ago

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WK Kellogg reports Q2 adjusted EPS 24c, consensus 27c

Reports Q2 revenue $663M vs. $707M last year. Published first on TheFly – the ultimate source for real-time,...

4M ago

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WK Kellogg Co Updates Q2 2025 EBITDA Results

The latest update is out from WK Kellogg Co ( ($KLG) ). WK Kellogg Co has updated its...

4M ago

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WK Kellogg price target raised to $23 from $16 at Barclays

Barclays raised the firm’s price target on WK Kellogg (KLG) to $23 from $16 and keeps an Underweight...

5M ago

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WK Kellogg upgraded to Hold from Sell at TD Cowen

TD Cowen analyst Robert Moskow upgraded WK Kellogg (KLG) to Hold from Sell with a price target of...

5M ago

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KLG FAQ

What was WK Kellogg Co’s price range in the past 12 months?

Currently, no data Available

What is WK Kellogg Co’s market cap?

Currently, no data Available

When is WK Kellogg Co’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were WK Kellogg Co’s earnings last quarter?

WK Kellogg Co released its earnings results on Aug 07, 2025. The company reported $0.385 earnings per share for the quarter, beating the consensus estimate of $0.282 by $0.103.

Is WK Kellogg Co overvalued?

According to Wall Street analysts WK Kellogg Co’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does WK Kellogg Co pay dividends?

WK Kellogg Co does not currently pay dividends.

What is WK Kellogg Co’s EPS estimate?

WK Kellogg Co’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does WK Kellogg Co have?

Currently, no data Available

What happened to WK Kellogg Co’s price movement after its last earnings report?

WK Kellogg Co reported an EPS of $0.385 in its last earnings report, beating expectations of $0.282. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of WK Kellogg Co?

Currently, no hedge funds are holding shares in KLG