General Mills, Inc. (GIS)
| Market Cap | 36.91B |
| Revenue (ttm) | 19.80B |
| Net Income (ttm) | 2.40B |
| Shares Out | 555.16M |
| EPS (ttm) | 4.20 |
| PE Ratio | 15.82 |
| Forward PE | 14.60 |
| Dividend | $2.40 (3.61%) |
| Ex-Dividend Date | Oct 10, 2024 |
| Volume | 1,009,218 |
| Open | 67.03 |
| Previous Close | 67.01 |
| Day's Range | 66.37 - 67.09 |
| 52-Week Range | 61.48 - 75.90 |
| Beta | 0.09 |
| Analysts | Hold |
| Price Target | 72.57 (+9.14%) |
| Earnings Date | Dec 18, 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 15 analysts, the average rating for GIS stock is "Hold." The 12-month stock price forecast is $72.57, which is an increase of 9.14% from the latest price.
News
General Mills to Webcast Fiscal 2025 Second Quarter Earnings Results on December 18, 2024
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2025 second quarter on December 18, 2024. A press release, pre-recorded management remarks and supp...
NAD Finds Certain Claims for Mott's Fruit Flavored Snacks Supported or Outside NAD's Jurisdiction; Recommends General Mills Discontinue or Modify Other Claims
In a challenge brought by competitor PIM Brands, Inc., BBB National Programs' National Advertising Division recommended that General Mills, Inc. discontinue or modify certain express and implied claim...
General Mills Quarterly Dividend Declared
MINNEAPOLIS--(BUSINESS WIRE)--The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.60 per share, payable February 3, 2025, to shareholders of record as o...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...
General Mills: Adding Pet Food Exposure
General Mills faces challenges with sales stagnation, strategic strategy shifts, and high acquisition costs, raising concerns about future growth and dilution risks. Despite a strong brand and diversi...
Donna Kelce and the Pillsbury Doughboy Crown the 52nd Pillsbury Bake-Off™ Contest Winners with Festive Debut of Holiday Recipes
MINNEAPOLIS--(BUSINESS WIRE)--Pillsbury is the go-to choice for holiday baking, making every family gathering deliciously memorable. This year, America's trusted baking companion, the Pillsbury Doughb...
General Mills is buying its fifth pet food business. Here's why it could fetch more growth.
From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.
General Mills to Acquire Cat Feeding, Pet Treating Business for $1.45 Billion
General Mills said it had agreed to acquire a North American cat feeding and pet treating business from European private-equity firm NXMH in a deal worth $1.45 billion.
General Mills to acquire Whitebridge Pet Brands for $1.45 bln
General Mills said on Thursday it has entered into a definitive agreement to acquire Whitebridge Pet Brands' North American premium cat feeding and pet treating business in a transaction valued at $1....
General Mills Advances Accelerate Strategy with Acquisition of Whitebridge Pet Brands' North American Premium Cat Feeding and Pet Treating Business
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to acquire Whitebridge Pet Brands' North American premium Cat feeding and Pet t...
3-Stock Lunch: Gold, Exxon Mobil & General Mills
Boris Schlosberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss stock plays for three stocks.
Why General Mills Is the Perfect Hedge for S&P 500 Volatility
General Mills GIS can provide a hedge if volatility continues to plague the S&P 500. The company is amid a business transformation telegraphed in its price action, which is set up for a significant re...
General Mills: Q1 Earnings, A Report I Didn't Like
General Mills, a mature cash cow, generates over $20B in annual revenue, with EPS growth between 5% and 7% due to efficiencies and share repurchases. Q1 net sales fell 1% to $4.8B, and the FY2025 outl...
General Mills, Inc. (GIS) Q1 2025 Earnings Call Transcript
General Mills, Inc. (NYSE:GIS) Q1 2025 Earnings Call Transcript September 18, 2024 9:00 AM ET Company Participants Jeff Siemon - VP of IR and Treasurer Jeffrey Harmening - Chairman and CEO Kofi Bruce...
General Mills Reports Decline in Profits Amid 'Uncertain' Consumer Backdrop
General Mills (GIS) reported sales and profits dropped in its fiscal first quarter from the same time last year as lower prices and higher costs weighed on the breakfast and snack food giant's margins...
MSFT & BLK A.I. Fund, SMCI Bull Note, GIS Down After Earnings
Microsoft (MSFT) continues to lead headlines off the announcement of a $30 billion A.I. infrastructure fund with Blackrock (BLK).
Cramer's Mad Dash: General Mills
CNBC's Jim Cramer delivers his daily Mad Dash.
US Stocks Mixed; General Mills Posts Upbeat Earnings
U.S. stocks traded mixed this morning, with the Dow Jones index falling over 50 points on Wednesday.
General Mills profit falls 14% on inflation woes, margin pressure
General Mills Inc.'s stock was down 2.7% in premarket trading on Wednesday after the packaged food giant said its first-quarter profit fell 14% due to inflation and pressure on margins.
General Mills Beats Earnings Estimates. Why the Stock Is Trading Lower.
The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.
General Mills posts smaller-than-expected drop in quarterly sales
Cheerios maker General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, helped by benefits from its higher priced products including snacks and pet foods, to combat a consume...
General Mills Reports Fiscal 2025 First-quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today reported results for the first quarter ended August 25, 2024. “Our top priority in fiscal 2025 is to accelerate our organic net sale...
Top stocks to watch: FedEx, Lennar, FactSet, General Mills, VinFast
American stocks staged a strong recovery this week, erasing most of the losses made last week. The Dow Jones rose by almost 1% while the S&P 500 and Nasdaq 100 indices soared by over 1.8% and 2.58%, r...
General Mills Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
General Mills, Inc. GIS will release earnings results for its first quarter, before the opening bell on Thursday, Sept. 18.