Current:Home > MyShoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families -Streamline Finance
Shoppers call out Kellogg CEO's 'cereal for dinner' pitch for struggling families
Chainkeen Exchange View
Date:2025-04-09 18:19:27
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! (88)
Related
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- Proof Meryl Streep and Martin Short Will Be Closer Than Ever at the 2024 Emmys
- No ‘Friday Night Lights': High school football games canceled in some towns near interstate shooting
- Opinions on what Tagovailoa should do next vary after his 3rd concussion since joining Dolphins
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Disney, DirecTV reach agreement in time for college football Week 3
- Alabama opposes defense attorneys’ request to film nitrogen execution
- Officials ignored warning signs prior to young girl’s death at the hands of her father, lawsuit says
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Lil Wayne says Super Bowl 59 halftime show snub 'broke' him after Kendrick Lamar got gig
Ranking
- Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
- Pennsylvania mail-in ballots with flawed dates on envelopes can be thrown out, court rules
- Alabama opposes defense attorneys’ request to film nitrogen execution
- The Flash’s Grant Gustin and Wife LA Thoma Welcome Baby No. 2
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Bill would ban sports betting ads during games and forbid bets on college athletes
- What exactly is soy lecithin? This food additive is more common than you might think.
- Hailey Bieber and Justin Bieber Celebrate 6th Wedding Anniversary After Welcoming First Baby
Recommendation
Trump wants to turn the clock on daylight saving time
Friday the 13th freebies: Feel lucky with deals from Krispy Kreme, Wendy's, Pepsi
Modern Family’s Julie Bowen Reveals What Her Friendship With Sofia Vergara Is Really Like
Homophobic speech in youth sports harms straight white boys most, study finds
The White House is cracking down on overdraft fees
Father of Georgia school shooting suspect requests separate jailing after threats
2 dead, 3 injured in Suffolk, Virginia shooting near bus service station
Why Dave Coulier Respects Mary-Kate Olsen and Ashley Olsen’s Different Perspective on Full House