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The Latest Breaking News from General Mills

General Mills launches first brand loyalty program

MINNEAPOLIS — As high grocery prices continue to vex shoppers, General Mills is hoping to steer them toward its portfolio of products with its first brand loyalty program.

Tribune News Service

General Mills remains on track to meet 2030 regenerative ag goal

MINNEAPOLIS — A group of General Mills employees recently traveled to a farm in Redwood Falls, Minn., to feel the difference regenerative agriculture has made for the soil.

Tribune News Service

General Mills Up 8% In June, Is Now The Time To Buy?

General Mills Inc. (NYSE: GIS) stock price has climbed 107% since January 2019, 13% since the start of 2022 and 8% in June.

Benzinga

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Looking Into General Mills's Recent Short Interest

General Mills's (NYSE:GIS) short percent of float has fallen 4.56% since its last report. The company recently reported that it has 13.67 million shares sold short, which is 2.3% of all regular shares that are available for trading.

Benzinga

General Mills Earnings Perspective: Return On Invested Capital

According to Benzinga Pro, during Q4, General Mills (NYSE:GIS) earned $825.80 million, a 24.63% increase from the preceding quarter. General Mills also posted a total of $4.89 billion in sales, a 7.79% increase since Q3.

Benzinga

Analyst Ratings for General Mills

Analysts have provided the following ratings for General Mills (NYSE:GIS) within the last quarter:

Benzinga

General Mills Stock Gains on Q4 Earnings Beat

General Mills Inc (NYSE:GIS) reported fourth-quarter FY22 sales growth of 8% year-on-year to $4.89 billion, beating the consensus of $4.81 billion. North America Retail segment sales increased 11% Y/Y to $3 billion. Pet segment sales increased 37% to $610 million, while International segment sales fell 21% to $750 million. Adjusted EPS of $1.12…

Benzinga

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Recap: General Mills Q4 Earnings

General Mills (NYSE:GIS) reported its Q4 earnings results on Wednesday, June 29, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

McCormick, General Mills And 3 Stocks To Watch Heading Into Wednesday

Some of the stocks that may grab investor focus today are:

Benzinga

General Mills's Earnings Outlook

General Mills (NYSE:GIS) is set to give its latest quarterly earnings report on Wednesday, 2022-06-29. Here's what investors need to know before the announcement. Analysts estimate that General Mills will report an earnings per share (EPS) of $1.01.

Benzinga

Looking Into General Mills's Recent Short Interest

General Mills's (NYSE:GIS) short percent of float has fallen 4.37% since its last report. The company recently reported that it has 13.15 million shares sold short, which is 2.19% of all regular shares that are available for trading.

Benzinga

General Mills selling its stake in often-criticized Israel business

General Mills is exiting its dough manufacturing business in Israel, leaving behind a controversial Pillsbury plant in the West Bank.

Tribune News Service

UK regulator warns takeover of Jus-Rol could push up pastry prices

CMA asks dough brand and French buyer Cérélia to also address its concerns about quality

The Guardian - UK

General Mills to sell Hamburger Helper, other brands for $610 million

General Mills is selling the Helper and Suddenly Salad brands for $610 million as the food giant lessens its position in the boxed-meal category it helped create.

Tribune News Service

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Benzinga

General Mills Acquires Frozen Pizza Crust Maker TNT Crust

General Mills Inc (NYSE:GIS) has entered into a definitive agreement to acquire TNT Crust, a manufacturer of frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. The financial terms of the deal were not disclosed. TNT Crust is currently a portfolio company of Peak Rock Capital. GIS expects…

StockNews.com

3 Monster Dividend Stocks Amid Market Volatility: Weyerhaeuser, General Mills, and WestRock

As the recession concerns could keep the overall stock market under pressure in the near term, it could be wise to bet on dividend stocks for a steady income stream. Thus, we think investors should consider scooping up shares of Weyerhaeuser (WY), General Mills (GIS), and WestRock (WRK) now.

Tribune News Service

'Copycat' cannabis edibles draw ire of big food companies

At first glance, there is little indication the snack-size bag of Trix is meant to get a user stoned. Every detail of the packaging has been copied from General Mills' cereal, and the company's logo even adorns the corner.

StockNews.com

General Mills vs. Campbell Soup: Which Packaged Foods Stock is a Better Buy?

Rising consumer demand for packaged food products should allow companies operating in this space to overcome rising input costs by passing them on to customers. Also, as part of the consumer defensive industry, packaged food companies should perform well amid the current market and economic uncertainties. Therefore, we think General…

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The Guardian - US

Magically suspicious: why are thousands claiming sickness after eating Lucky Charms?

Reported symptoms include nausea, vomiting and diarrhea, but experts are raising questions about self-diagnosis

The Independent UK

Plane crashes into General Mills plant in Georgia

Police say everyone onboard plane was killed in accident 30 miles from Atlanta

Benzinga

FDA Investigating Reported Illnesses Tied To Lucky Charms Cereal

Scores of consumers weren’t feeling very lucky after eating General Mills’ (NYSE: GIS) Lucky Charms cereal, with multiple reports of illness occurring after having a bowl of the longtime breakfast staple.

StockNews.com

General Mills vs. Conagra Brands: Which Packaged Food Stock is a Better Buy?

Despite inflationary pressure and supply chain bottlenecks, the growing demand for packaged food products should help companies in this space benefit by passing on high input costs to their customers. Therefore, prominent packaged food stocks General Mills (GIS) and Conagra Brands (CAG) are worth watching. But which of these stocks…

Benzinga

Red Light Holland Appoints New Chief Marketing Officer

Ridley Doolittle has been confirmed as the new chief marketing officer (CMO) of the psychedelics-focused company Red Light Holland (OTC:TRUFF). Doolittle was previously a part of the company’s team of advisors, since September 2021. The executive worked for companies such as Nielsen (NYSE: NLSN) and General Mills (NYSE:GIS), but his longest…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For March 30, 2022

Upgrades

Birmingham Post

Tech firm used by Starbucks, Nespresso and Sony receives £5m boost from Matillion investor

The company works with the likes of Sky, Nespresso, Starbucks, General Mills, MetLife and Sony

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