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The Latest Breaking News from GIS

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

5 Staples Stocks to Buy Amidst High Inflation

Although a slowdown in consumer prices in April and the expectation of a flat CPI for May indicate that inflation had reached its peak, the market volatility may not ease anytime soon with the fear of a looming recession. Given the prevailing uncertainties, it could be worth investing in quality…

StockNews.com

Congressional map debate in limbo in Missouri Senate

JEFFERSON CITY, Mo. — The fate of Missouri’s congressional maps remained in limbo Wednesday with time running short in the state’s annual legislative session.

St. Louis Post-Dispatch

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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…

Benzinga

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.

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…

StockNews.com

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.

Benzinga

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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…

StockNews.com

2 Packaged Food Stocks to Buy to Battle Rising Inflation

Packaged food prices are soaring amid deepening supply chain disruptions. However, the demand for packaged food items is expected to remain strong due to extensive lifestyle changes. And since the rising demand should help quality packaged food companies General Mills (GIS) and Darling Ingredients (DAR) pass rising input costs to…

StockNews.com

General Mills's Return on Invested Capital Overview

Pulled from Benzinga Pro data, General Mills (NYSE:GIS) posted Q3 earnings of $662.60 million, an increase from Q2 of 8.91%. Sales dropped to $4.54 billion, a 9.68% decrease between quarters.

Benzinga

General Mills' Q3 Bottom-Line Beats Street View, Boosts FY22 Outlook

General Mills Inc (NYSE:GIS) reported third-quarter FY22 sales growth of 0.4% year-on-year, to $4.54 billion, marginally missing the consensus of $4.56 billion. Organic net sales increased 4%. North America Retail segment sales increased 1% Y/Y to $2.81 billion. Pet segment sales increased 30% to $568 million, while International segment sales fell 23% to…

Benzinga

General Mills Earnings Preview

General Mills (NYSE:GIS) is set to give its latest quarterly earnings report on Wednesday, 2022-03-23. Here's what investors need to know before the announcement. Analysts estimate that General Mills will report an earnings per share (EPS) of $0.78.

Benzinga

Earnings Outlook For General Mills

Benzinga

Earnings Preview: General Mills

Benzinga

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Benzinga

Expert Ratings For General Mills

Within the last quarter, General Mills (NYSE:GIS) has observed the following analyst ratings:

StockNews.com

Kraft Heinz vs. General Mills: Which Food Stock is a Better Buy?

Despite inflationary pressures and supply chain bottlenecks, steady demand for packaged food products and new product launches should benefit prominent food companies Kraft Heinz (KHC) and General Mills (GIS). But which of these stocks is a better buy now? Let’s find out.

StockNews.com

4 Consumer Defensive Stocks Bucking the Market's Downward Trend

The Fed’s decision to raise interest rates, a disappointing employment report, rising inflation, and persistent supply chain disruptions will likely continue spooking investors. So, in this environment, we think consumer defensive stocks Coca-Cola (KO), Colgate (CL), General Mills (GIS), and Hershey (HSY), which typically perform with aplomb during periods of…

Asharq Al-Awsat

Palestinians Intelligence Chief: We Reject Iran’s Conspiracy against Arab Countries

Majed Faraj, head of the Palestinian General Intelligence Service (GIS), has slammed Hamas for dragging Palestinians into conflict and crises with Arab states to please Iranian agendas. “Hamas is pulling us to a far place,” said Faraj in a rare media statement. “Our memory is still alive. And Palestine is…

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