Spun-off company intends to make Pringles, Cheez-It, Rice Krispies Treats and Pop-Tarts global brands.

Company plans to spend between $450 million and $500 million to upgrade its manufacturing footprint.

Company lowered its outlook for fiscal 2023.

Seeks to cut 25% of Scope 1 and 2 carbon footprint by 2030.

The company sees international opportunities, too
 

Stock price plunges after second-quarter sales drop 11%. 

Management sees improved performance during the second half of the year.

New menu items, marketing campaigns winning at KFC, Taco Bell and Pizza Hut.

Aims to decrease approximately 100 million lbs by 2030.

Management lowered its guidance for the full year as a result of the challenges.