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The Latest Breaking News from General Mills

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

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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

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.

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'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.

Tribune News Service

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

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 Guardian - US

Plane crashes into General Mills plant in Georgia

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

The Independent UK

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

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

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

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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

The Guardian - US

Jimmy Kimmel: ‘The only one who can bring Trump to justice is the Batman’

Late-night hosts discuss the abrupt halt to a years-long criminal investigation into Donald Trump and the ‘family photo’ at the emergency Nato summit

Benzinga

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.

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Benzinga

Mid-Afternoon Market Update: Dow Drops 1%; Snap One Shares Plunge

U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 350 points on Wednesday.

Tribune News Service

General Mills tweaks formulas to stay ahead of supply chain woes

General Mills has been tinkering with its recipes to keep products on shelves as supply chain backlogs persist.

Benzinga

Mid-Day Market Update: Nasdaq Turns Positive; 4D pharma Shares Jump

The Nasdaq Composite turned higher midway through trading on Wednesday.

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

Mid-Morning Market Update: Markets Open Lower; General Mills Posts Upbeat Earnings

U.S. stocks opened on downbeat note this morning, with the Dow Jones dropping more than 250 points on Wednesday.

Benzinga

Why General Mills Shares Are Trading Higher Today

General Mills Inc (NYSE: GIS) shares are trading higher Wednesday after the company reported better-than-expected earnings results and raised guidance.

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.

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