General Mills, Inc. (GIS)
Market Cap | 35.26B |
Revenue (ttm) | 19.86B |
Net Income (ttm) | 2.50B |
Shares Out | 558.15M |
EPS (ttm) | 4.31 |
PE Ratio | 14.66 |
Forward PE | 13.70 |
Dividend | $2.40 (3.80%) |
Ex-Dividend Date | Jul 10, 2024 |
Volume | 2,941,427 |
Open | 63.15 |
Previous Close | 63.30 |
Day's Range | 62.90 - 63.56 |
52-Week Range | 60.33 - 77.63 |
Beta | 0.12 |
Analysts | Hold |
Price Target | 70.44 (+11.51%) |
Earnings Date | Jun 26, 2024 |
About GIS
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, f... [Read more]
Financial Performance
In 2024, General Mills's revenue was $19.86 billion, a decrease of -1.18% compared to the previous year's $20.09 billion. Earnings were $2.50 billion, a decrease of -3.75%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for GIS stock is "Hold." The 12-month stock price forecast is $70.44, which is an increase of 11.51% from the latest price.
News
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General Mills Stock - Investors of General Mills Encouraged to Contact Kehoe Law Firm, P.C. - GIS
PHILADELPHIA, PA / ACCESSWIRE / June 27, 2024 / Kehoe Law Firm, P.C. is investigating whether certain directors and officers of General Mills, Inc. ("General Mills") (NYSE:GIS) breached their fiduciar...
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General Mills will push out 'cheesier' mac and cheese and 'fudgier' brownies to win back shoppers
General Mills will enhance product flavors to attract price-conscious customers amid inflation. The company reported a disappointing 2025 forecast with minimal expected sales growth.
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General Mills Slumps as Sales Drop Amid 'Challenging Operating Environment'
Shares of General Mills (GIS) slumped Wednesday after the consumer foods giant posted weaker-than-expected revenue and gave soft guidance on lower prices and volumes.
General Mills Shares Drop as Shoppers Pull Back
General Mills sees organic sales ranging between flat and up 1% for the current fiscal year, below the average analyst estimate of 1.18%. It expects volume trends will gradually improve in the current...
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General Mills raises dividend despite falling short of revenue estimates in fiscal Q4
General Mills Inc (NYSE: GIS) is in the red at writing after reporting weaker-than-expected revenue for its fourth financial quarter. Shares of the processed consumer foods company are now down nearl...
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Worthington Enterprises Posts Downbeat Results, Joins Taysha Gene Therapies, General Mills And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.2% on Wednesday.
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General Mills' stock falls after revenue miss and soft guidance
General Mills Inc.'s stock GIS, -1.19% fell 3.6% in early trade Wednesday, after the consumer-foods company's fiscal fourth-quarter revenue fell short of estimates and it offered soft guidance. The pa...
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General Mills posts bigger-than-expected drop in quarterly sales
Cheerios cereal maker General Mills posted a bigger-than-expected drop in quarterly sales on Wednesday, as cash-strapped consumers cut back on its higher-margin products and turned to cheaper alternat...
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General Mills Reports Fiscal 2024 Fourth-quarter and Full-year Results and Provides Fiscal 2025 Outlook
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today reported results for the fourth quarter and fiscal year ended May 26, 2024. “We delivered on our updated guidance in fiscal 2024 by ...
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General Mills Reports Earnings Wednesday. The Outlook Isn't Bright.
The maker of Wheaties, Cheerios and other packaged foods, is set to report earnings for the May-ended fourth fiscal quarter early Wednesday.
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Cramer's week ahead: Earnings from Micron, Walgreens and General Mills
CNBC's Jim Cramer guided investors through this week's most important Wall Street action, highlighting earnings reports from Micron, Walgreens and General Mills. He also noted that Monday was tough fo...
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Frozen Tortilla Industry Report 2024 Featuring Strategic Analysis of Major Players Azteca Foods, General Mills, and Gruma - A Projected $13 Billion Global Opportunity by 2030
Dublin, June 10, 2024 (GLOBE NEWSWIRE) -- The "Frozen Tortilla - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Frozen Tortilla is ...
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General Mills to Webcast Fiscal 2024 Fourth Quarter and Full Year Earnings Results on June 26, 2024
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2024 fourth quarter and full year on June 26, 2024. A press release, pre-recorded management remark...
General Mills and Campbell Soup upgraded by Bernstein
Bernstein has upgraded General Mills (GIS) and Campbell Soup Company (CPB) from Underperform to Market Perform, citing volume improvements for both stocks. Yahoo Finance Anchors Josh Lipton and Julie ...
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General Mills to Webcast Remarks at Bernstein's 40th Annual Strategic Decisions Conference on May 29, 2024
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) announced Chairman and Chief Executive Officer Jeff Harmening will participate in a fireside chat at the Bernstein's 40th Annual Strategic...
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CORRECTING and REPLACING Wheaties™ Pushes the Limits of Breakfast with New Wheaties Protein
MINNEAPOLIS--(BUSINESS WIRE)--Please replace the release dated April 15, 2024 with the following corrected version due to multiple revisions. The updated release reads: WHEATIES™ PUSHES THE LIMITS OF ...
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Wheaties™ Celebrates Sports and Equality Champion Billie Jean King on the Iconic Orange Box
MINNEAPOLIS--(BUSINESS WIRE)--Wheaties announced today its latest limited edition box featuring icon and activist athlete Billie Jean King, a true Wheaties Champion. While this is King's first Wheatie...
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General Mills Advances Accelerate Strategy and Expands Pet Food Portfolio with Acquisition of Edgard & Cooper
MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today announced it has completed the acquisition of Edgard & Cooper, one of Europe's leading independent premium pet food brands. With this tran...
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Exclusive: General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
General Mills , the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular Yoplait brand in a deal that could be worth more...
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General Mills Stands for People and Planet in 2024 Global Responsibility Report
MINNEAPOLIS--(BUSINESS WIRE)--General Mills Stands for People and Planet in 2024 Global Responsibility Report.
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General Mills Unveils Limited-Edition, Collectible Cereal Boxes Featuring Gen Z Icons TOMORROW X TOGETHER
MINNEAPOLIS--(BUSINESS WIRE)--General Mills has joined TOMORROW X TOGETHER, also known as TXT, in a harmonious partnership to bring the refreshing energy of Gen Z's most iconic band to your breakfast ...
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Wheaties™ Pushes the Limits of Breakfast with Highest Protein Offering in Cereal Category: Wheaties Protein
MINNEAPOLIS--(BUSINESS WIRE)--This spring, iconic cereal brand Wheaties is debuting the highest protein offering in the cereal aisle to date — Wheaties Protein. The brand's newest innovation packs mor...
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These 3 Risk Off Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
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General Mills Stock Rises After Earnings Beat, Affirmed Guidance
General Mills Inc. (GIS) shares rose Wednesday as the breakfast and snack food maker reported third-quarter earnings that surpassed analyst expectations.