General Mills Stock Price, News & Analysis

Pet parents are increasingly aware of their dogs' dietary needs, as digestive issues and skin sensitivities are common reasons for veterinary visits. Blue Buffalo, a leader in natural pet food, aims to educate dog owners about recognizing dietary problems and offers solutions. Dr. Evan Antin emphasizes that nutritional changes can improve pet health. Recommended strategies include ensuring hydration, providing gentle foods, and considering limited ingredient diets like BLUE Basics and specialized formulas like BLUE True Solutions. These approaches help dogs manage digestive and skin issues effectively.

The Board of General Mills has declared a quarterly dividend of $0.54 per share, payable on February 1, 2023, to shareholders of record as of January 10, 2023. General Mills has a long-standing history of paying dividends without interruption for 124 years. In fiscal 2022, the company reported net sales of $19.0 billion and an additional $1.1 billion from non-consolidated joint ventures. This commitment to shareholder value is part of their continued strategy to innovate and strengthen brand presence.

REESE’S PUFFS has teamed up with designer Yoon Ahn and her brand AMBUSH to launch a unique breakfast experience called The Next Breakfast Dimension in New York City on November 16. The event will showcase the CHROME PUFF, a limited-edition fashion accessory that doubles as a cereal bowl, available for $149.99. Starting November 17, fans can purchase the accessory and a collectible cereal box for $49.99 and enter the Breakfastverse, an online interactive experience. This collaboration aims to redefine breakfast culture.

Pillsbury expands its partnership with Operation Homefront to support military families, announcing a new transitional home in Fort Worth and a nationwide donation campaign. This initiative includes a $1 donation for every Pillsbury product purchased via Instacart until November 10, aiming to raise up to $30,000. Since 2020, Pillsbury has invested over $5.6 million in support of military families, enabling the purchase of five homes through the Transitional Homes for Veterans program.

Pillsbury has launched a limited-edition holiday sweater featuring a scannable NFC chip that unlocks festive recipes, playlists, and baking tips. Available for $75, the sweater celebrates the brand's long-standing role in holiday traditions, highlighted by the iconic Doughboy's laugh, which can be activated by pressing the sweater. This initiative aims to enhance holiday joy while promoting Pillsbury products, including a variety of seasonal baked goods. The release reinforces Pillsbury's commitment to family traditions and easy holiday baking solutions.

General Mills expands its Old El Paso brand into the snack category with the launch of Fiesta Twists, featuring flavors like Queso, Zesty Ranch, and Cinnamon Churro. These corn twists aim to provide a unique snacking experience reminiscent of Tex-Mex cuisine. To promote this launch, Olympic athlete Shaun White will participate in a promotional event at Walmart in January. Old El Paso Fiesta Twists are available exclusively at Walmart for an MSRP of $3.48, enhancing General Mills' product offerings in the snack aisle.

Progresso, a brand owned by General Mills, is enhancing the soup season by partnering with chef Carla Hall to introduce creative soup pairings. Hall will inspire consumers with unique combinations for popular soups, including Traditional Chicken Noodle and Rich and Hearty Clam Chowder, aimed at making lunchtime more enjoyable. The soups are priced between $3.88 and $4.32 at select retailers. This collaboration emphasizes Progresso's commitment to quality ingredients and innovative culinary experiences.

General Mills introduces an augmented reality game, Journey to the Magic Gems, allowing families to interact with Lucky Charms and enhance local parks with LED lights. The game celebrates the return of the limited-edition Magic Gems cereal, which quickly sold out earlier this summer. Developed in partnership with Niantic, the mobile game encourages outdoor exploration while offering a sweepstakes to nominate parks for a glow-up. General Mills aims to engage consumers through innovative experiences, linking brand activities with community enhancement.

The Board of Directors of General Mills has declared a quarterly dividend of $0.54 per share, payable on November 1, 2022 to shareholders recorded by October 10, 2022. This dividend marks 124 years of uninterrupted payments by the company. In fiscal 2022, General Mills reported net sales of $19.0 billion, alongside $1.1 billion from non-consolidated joint ventures, reflecting the company's commitment to building value and innovation in its extensive brand portfolio.