Execs with Kellogg (K) talked about the "New Kellogg" during a presentation at the Consumer Analyst Group of New York conference.
One of the company's primary areas of focus will continue to be supply chain efficiency as it tips off potential plant closures and capacity reductions.
Cost savings will be funneled back into the breakfast and frozen foods categories.
Kellogg will look at acquisitions and new joint ventures in emerging markets.
The full-year 2014 outlook is for net sales growth of 1% and internal operating profit rising flat to 2%.