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    Kellanova (K)

    Q4 2024 Earnings Summary

    Reported on Jan 1, 1970 (Before Market Open)
    Pre-Earnings Price$81.86Last close (Feb 5, 2025)
    Post-Earnings Price$81.93Open (Feb 6, 2025)
    Price Change
    $0.07(+0.09%)
    MetricYoY ChangeReason

    Total Revenue

    Increase from $1,089 million in Q4 2023 to $3,124 million in Q4 2024 (↑ ~186%)

    Key drivers include a dramatic expansion in revenue base, possibly through new revenue streams, improved product mix, or structural changes in the business. This huge jump indicates that the current period built on a very low prior period base and reflects significant progress in leveraging growth initiatives across regions.

    Operating Income

    Increased from $74 million to $532 million (↑ over 600%)

    Improved operational efficiency and enhanced margins have been instrumental, with the substantial rise reflecting the benefits of cost efficiencies and strong pricing/mix strategies. This shows a marked improvement compared to the previous period’s lower scale of operations.

    Net Income

    Rose from $17 million to $365 million (↑ roughly 2,150%)

    The substantial net income gain is driven by higher operating profit and likely lower expense items (such as tax expense or one-off losses) that affected Q4 2023, suggesting that the current period benefited from improved profitability and a more favorable expense structure.

    Earnings Per Share (EPS – Basic)

    Increased from $0.08 to $1.06 (significant jump YoY)

    EPS growth mirrors the improvement in net income, signaling enhanced profitability on a per-share basis. This dramatic change reflects both the sharp increase in net income and the effectiveness of any share structure management compared to the very low EPS in the prior period.

    Business Segments Mix

    Not a percentage change but a defined revenue split

    The segment breakdown shows Snacks as the leading revenue driver with $1,967 million, followed by Cereals at $634 million, Frozen at $268 million, and Noodles/Other at $255 million. This distribution underlines that strong performance in the Snacks segment is a key contributor to overall revenue improvement and reflects targeted product strategy execution.

    Geographic Revenue

    Not a percentage change but a defined revenue split

    The geographic revenue spread—with North America leading at $1,561 million, then AMEA at $659 million, Europe at $601 million, and Latin America at $303 million—demonstrates diversified market strength and strategic expansion. This balanced geographic performance suggests that market penetration efforts and regional strategies have been effective across both mature and emerging markets.