Current:Home > StocksShoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families -FutureProof Finance
Shoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families
View
Date:2025-04-14 05:34:33
Kellogg's year-old campaign promoting "cereal for dinner" got some new life last week after the company's CEO, Gary Pilnick, mentioned it seems to be "landing really well" with American consumers.
His remarks, made in a live interview with CNBC, caught the attention of some shoppers whose response has been anything but grrreat.
"Advertising cereal for dinner" is a way to deal with the steep cost of groceries right now," Pilnick said. "If you think about the cost of cereal for a family versus what they'd otherwise do, that's going to be much more affordable."
The interview followed news from the Wall Street Journal that showed Americans spending 10% or more of their income on food, the most they have in 30 years. Previous reporting from USA TODAY highlights that the average family is spending more than $1,000 on groceries each month.
"The cereal category has always been quite affordable," Pilnick said. Kellogg, which owns cereals like Frosted Flakes, Froot Loops, Corn Flakes and Raisin Bran, "tends to be a great destination when consumers are under pressure," Pilnick said, adding that the price of cereal with milk and fruit "is less than a dollar."
Protect your assets: Best high-yield savings accounts of 2023
Pilnick was asked if he thought his comments would sit well with Americans. "It's landing really well," Pilnick said, showing that 25% of cereal consumption is outside of the "breakfast window" anyway.
"Cereal for dinner is something that is probably more on trend now, and we would expect to continue as that consumer is under pressure."
Consumers react to Pilnick's 'cereal for dinner' remarks
The "cereal for dinner" campaign, which ends with the slogan: "give chicken the night off,” began over a year ago as Americans were feeling the effect of higher inflation at the grocery store.
Food prices increased by 9.9% in 2022, faster than any year since 1979, according to the Economic Research Service with the U.S. Department of Agriculture. That number includes food consumed outside of the home. In-home food increased by 11.4% last year.
The internet isn't reacting favorably to Pilnick's comments, however.
"This fool is making $4 million a year. Do you think he's feeding his kids cereal for dinner?" one TikTok user said in a video response circulating online.
Pilnick's annual income includes a $1 million base salary and over $4 million in incentive compensation, according to a September 2023 SEC filing published by Business Insider.
"And how do you think consumers became under pressure?" TikTok user James Li, said. "It's companies like Kellogg that have used the excuse of inflation in order to price gauge consumers."
And is seems that the company is "enriching its shareholder," Li said.
CPI report:Inflation dipped in January, but not as much as hoped.
'I could get a frozen family lasagna for that!'
Comments under videos responses of the news vary, but many have to do with how expensive Kellogg's cereal brands actually are.
"Cereal is like $5-$8 per box now, he thinks we’re still buying it for breakfast let alone dinner??!? 😂" one user commented, another adding that, "The family sized box is $10. With milk $3. I could get a frozen family lasagna for that!"
"Cereal is almost 9 dollars a box now. I can get a rotisserie chicken, rice and a bag of frozen broccoli for that," wrote another.
In other words, the math isn't mathin, consumers say.
Not all showed distain over Pilnick's remarks though. Some comments under CNBC's video supported the idea.
"That is what we did during difficult times in my childhood," one user wrote. "There is no need to feel offended."
"Well actually he is right and having some Special K for dinner is healthier than McDonalds for dinner," another wrote, "and classic oatmeal without added sugar and some real fruits are even better..."
USA TODAY has reached out to Kellogg for comment.
veryGood! (1686)
Related
- South Korean president's party divided over defiant martial law speech
- Tour de France standings, results: Jonas Vingegaard posts emotional Stage 11 win
- NBA agrees to terms on a new 11-year, $76 billion media rights deal, AP source says
- Novak Djokovic accuses Wimbledon crowd of disrespect after he says some fans booed him
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Paranormal romance books, explained: Why this supernatural genre has readers swooning
- A gunman killed at a Yellowstone dining facility earlier told a woman he planned a mass shooting
- Replacement airbags in used cars have killed 3 people and disfigured 2, feds warn
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Mike Gundy's DUI comments are insane thing for college football coach to say
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Wimbledon 2024 bracket: Latest scores, results for tournament
- Long-unpaid bills lead to some water service cutoffs in Mississippi’s capital city
- European Union adds porn site XXNX to list of online platforms facing strictest digital scrutiny
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Stellantis recalls 332,000 vehicles over faulty seat belt sensor
- Inert grenades at a Hawaii airport cause evacuation after being found in a man from Japan’s bag
- McDonald's brings back Smoky BLT Quarter Pounder with Cheese: See when you can get it
Recommendation
Arkansas State Police probe death of woman found after officer
Booted out of NBA, former player Jontay Porter due in court in betting case
US women's gymnastics teams will sparkle at Paris Olympics
Though Biden says he's staying in presidential race, top Democrats express doubts
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Taylor Swift sings two break-up anthems in Zürich, and see why she wishes fans a happy July 9
Dyson to cut 1,000 jobs in the U.K.
CNN cutting about 100 jobs and plans to debut digital subscriptions before year’s end