General Mills, Inc. (GIS)
| Market Cap | 39.78B |
| Revenue (ttm) | 20.17B |
| Net Income (ttm) | 2.55B |
| Shares Out | 564.55M |
| EPS (ttm) | 4.36 |
| PE Ratio | 16.16 |
| Forward PE | 15.63 |
| Dividend | $2.36 (3.35%) |
| Ex-Dividend Date | Apr 9, 2024 |
| Volume | 2,831,369 |
| Open | 70.08 |
| Previous Close | 70.23 |
| Day's Range | 69.83 - 70.53 |
| 52-Week Range | 60.33 - 90.89 |
| Beta | 0.14 |
| Analysts | Hold |
| Price Target | 72.18 (+2.44%) |
| Earnings Date | Mar 20, 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 salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-... [Read more]
Financial Performance
In 2023, General Mills's revenue was $20.09 billion, an increase of 5.80% compared to the previous year's $18.99 billion. Earnings were $2.59 billion, a decrease of -4.19%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for GIS stock is "Hold." The 12-month stock price forecast is $72.18, which is an increase of 2.44% from the latest price.
News
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...
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...
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.
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 ...
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...
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...
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.
General Mills' stock jumps toward a 7-month high after profit and sales beat expectations, outlook affirmed
Shares of General Mills Inc. GIS, +1.31% jumped 3.2% toward a seven-month high in premarket trading Wednesday, after the consumer-foods company reported fiscal third-quarter profit that rose above exp...
General Mills posts smaller-than-expected drop in quarterly sales on higher prices
Cheerios maker General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, backed by higher prices for its breakfast cereals, snack bars and pet food products that helped cushio...
General Mills Reports Fiscal 2024 Third-quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today reported results for its fiscal 2024 third quarter. “General Mills' strategic focus on brand building, innovation, and in-store exec...
With second-quarter results around the corner, here are the stocks that analysts like the most
It's no secret that lots of analysts like tech behemoths like Amazon.com Inc., Microsoft Corp. and Nvidia Corp. amid the AI gold rush. But as of Friday, they liked one just a bit more, at least based ...
General Mills to Webcast Fiscal 2024 Third Quarter Earnings Results on March 20, 2024
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2024 third quarter on March 20, 2024. A press release, pre-recorded management remarks and supporti...
General Mills Shares Progress Against Accelerate Strategy
MINNEAPOLIS--(BUSINESS WIRE)--At the Consumer Analyst Group of New York (CAGNY) 2024 Conference, General Mills, Inc. (NYSE: GIS) discussed its Accelerate strategy and approach to driving long-term sus...
General Mills Announces Long-time Senior Executive Shawn O'Grady to Retire
MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today announced the retirement of Shawn O'Grady, Group President, North America Foodservice (NAF). To facilitate a smooth transition, O'Grady wi...
General Mills to Webcast Presentation at CAGNY Conference on Feb. 20, 2024
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) announced today that Chairman and Chief Executive Officer Jeff Harmening and Chief Financial Officer Kofi Bruce will be featured speakers ...
Live “Cereal Rich” with LOADED, General Mills' Biggest, Boldest Cereal Yet, and Limited-Editon Accessories
MINNEAPOLIS--(BUSINESS WIRE)--New LOADED cereal delivers more of favorite brands like Cinnamon Toast Crunch, Cocoa Puffs and Trix, but now loaded with delicious vanilla crème. To celebrate, General Mi...
General Mills Elects Two New Board Members
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today announced the election of Benno O. Dorer and John G. Morikis to its board of directors effective Jan. 29, 2024. The election of Dore...
3-Stock Lunch: FDX, GIS & LOW
Michael Farr, Farr, Miller & Washington president, joins ‘Power Lunch' to discuss three stocks: FedEx, General Mills and Lowe's.
Cheerios and Lucky Charms Maker General Mills Says Sales Dropped—Here's Why
General Mills (GIS) shares dropped over 2% in intraday trading Wednesday after the cereal giant missed sales estimates and cut its outlook as higher prices led consumers to shift to lower-priced brand...
Midday Movers: Alphabet Jumps, FedEx and General Mills Slip
The rally for U.S. equities continued at midday, boosted by tech stocks. The Dow and S&P 500 were slightly higher, while the Nasdaq added 0.3%.
General Mills echoes FedEx with a warning about weaker demand
General Mills and FedEx both cut their revenue outlook for their fiscal years.
General Mills: Pet Food's Digital Shift Eats Away at Retail Sales
As consumers increasingly turn to digital channels to feed their fur babies, General Mills is seeing in-store pet food sales take a dip, even as eCommerce continues to grow in the category. The food g...
Saporu is ‘part of the bears' on General Mills after its Q2 earnings
General Mills Inc (NYSE: GIS) opened in the red this morning after reporting weaker-than-expected revenue for its second financial quarter. General Mills stock down on lowered guidance The stock is tr...
Cheerios maker General Mills cuts sales view as price hikes hammer demand
Dec 20 (Reuters) - General Mills (GIS.N) cut its annual sales forecast, on Wednesday and missed second-quarter estimates, warning of a slower recovery in demand following repeated price hikes on its b...