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Dec 28, 2024

Kellanova Q4 2024 Earnings Report

Kellanova reported strong Q4 and full year results, driven by organic growth and improved profit margins.

Key Takeaways

Kellanova's Q4 2024 results showed a decrease in reported net sales due to adverse currency translation, but organic net sales increased by 7%. Reported operating profit increased significantly, driven by favorable mark-to-market impacts and improved gross profit margin. Earnings per share also saw a substantial increase.

Net sales were negatively impacted by adverse currency translation, but organic-basis growth was above its long-term target range.

Double-digit operating profit growth was sustained due to improved profit margins.

Double-digit growth momentum was sustained in earnings per share, owing primarily to higher operating profit.

Kellanova sustained better-than-expected top-line growth amidst challenging industry conditions.

Total Revenue
$3.12B
Previous year: $3.17B
-1.6%
EPS
$0.92
Previous year: $0.78
+17.9%
Organic Revenue Growth
7%
Previous year: 6.9%
+1.4%
Gross Profit
$1.18B
Previous year: $1.1B
+7.5%
Cash and Equivalents
$694M
Previous year: $274M
+153.3%
Free Cash Flow
$1.13B
Previous year: $968M
+16.9%
Total Assets
$15.6B
Previous year: $15.6B
+0.0%

Kellanova

Kellanova

Kellanova Revenue by Segment

Kellanova Revenue by Geographic Location

Forward Guidance

Due to the pending merger with Mars, Incorporated, Kellanova will not be providing forward looking guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income