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Kellanova’s North American net sales in the second quarter fell 3.8% year over year to $1.59 billion from $1.66 billion. Organic net sales also were down 3.8% as volume dropped by the same percentage.
The European Commission has paused its review of Mars’ $35.9bn bid to acquire Kellanova, citing missing information. While the deal cleared US regulators, European officials are probing its potential ...
Cheez-It maker Kellanova missed Q2 EPS estimates as profit margins narrowed, while sales edged past expectations ahead of its ...
Kellanova logged lower earnings and largely flat sales in the second quarter, as Chief Executive Steve Cahillane said the ...
Kellanova missed Wall Street estimates for second-quarter profit on Thursday on softening demand for its ready-to-eat ...
Mars Inc. will invest $2B by 2026 to expand U.S. manufacturing, boost innovation and meet rising demand for snacks, pet food ...
Mars said the plan, announced July 29, builds on the more than $6 billion it has invested in its US manufacturing over the ...
Mars’ takeover of Kellanova faces another stumbling block as the EU has suspended an October deadline to approve the $35.9bn transaction.
The Twix and Milky Way chocolate maker has already invested more than $6 billion in U.S. manufacturing in the last five years ...
Calling the US market a “key engine for growth,” Mars Inc. plans to invest about $2 billion through 2026 to expand its ...
The European Commission has paused its in-depth probe of Mars's nearly $30 billion bid to take over cereal giant Kellanova, according to an update on the regulator's website.
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