
Chicago, Illinois-based Kellanova (K) manufactures and markets snacks, cereals, and noodles as well as frozen foods in various countries around the globe. With a market cap of $27.8 billion, the company offers products under various brands like Pringles, Cheez-It, Pop-Tarts, Kellogg's Rice Krispies Treats, RXBAR, Eggo, etc.
Kellanova has notably underperformed the broader market over the past year. The stock has gained 9% over the past 52 weeks and dropped 1.5% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 21.5% gains over the past year and 7.1% returns in 2025.