Kellogg’s snacking unit, which includes Cheez-It and Pringles,

Kellogg brand Cheez-it crackers arranged at a supermarket in Dobbs Ferry, New York, US, on Wednesday, June 22, 2022. Kellogg Co. said it will split into three independent companies, sparking a rally in the food conglomerates shares.

Tiffany Hagler-Geard | Bloomberg | Getty Images