{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-034981","form_type":"8-K","ticker":null,"cik":"0001959348","company_name":"WK Kellogg Co","filed_at":"2024-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.274757+00:00","generated_at":"2026-05-31T12:42:02.999577+00:00","sec_items":["2.02","2.05","2.06","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"WK Kellogg Q2 net sales down 3.9%; announces supply chain restructuring with Omaha plant closure","bullets":["Q2 reported net sales $672M (-3.9% YoY); net income $31M (+14.8%); adjusted EBITDA $78M (-12.4%).","Reaffirms 2024 adjusted net sales/EBITDA guidance; expects net sales at lower end of range.","Board approves reorganization: close Omaha plant by end 2026, scale back Memphis production from late 2025.","Estimated cumulative restructuring pretax charges $230-$270M: $30-40M cash severance, $170-190M non-cash.","Supply chain modernization capex up to $390M plus ~$110M one-time cash costs; total spend ~$450-500M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-034981","json":"https://secwatch.observer/filing/0001628280-24-034981.json","markdown":"https://secwatch.observer/filing/0001628280-24-034981.md","text":"https://secwatch.observer/filing/0001628280-24-034981.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1959348/000162828024034981/0001628280-24-034981-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1959348/000162828024034981/klg-20240806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:42:02.999577+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"799baf6ed5d1979e6e12364aeeb3debd9e051c5c","claim":"WK Kellogg Co announced a restructuring with charges of between $230 and $270 million affecting manufacturing network - Omaha, Nebraska plant and Memphis, Tennessee facility.","evidence_excerpt":"plan are expected to be substantially completed by the end of fiscal year 2026. These actions are expected to result in cumulative restructuring pretax charges of between $230 and $270 million, including between $30 and $40 million in cash costs for severance and other termination benefits and between $30 and $40 million in other cash restructuring","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959348/000162828024034981/0001628280-24-034981-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between $230 and $270 million"},{"label":"Affected area","value":"manufacturing network - Omaha, Nebraska plant and Memphis, Tennessee facility"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}