Welcome to our dedicated page for General Mills news (Ticker: GIS), a resource for investors and traders seeking the latest updates and insights on General Mills stock.
General Mills, Inc. (GIS) is a leading global manufacturer of branded consumer foods, offering investors and stakeholders timely access to official corporate developments. This resource provides verified news about financial performance, product innovations, and strategic initiatives across its portfolio of household brands.
Track all essential GIS updates in one location, including earnings reports, leadership changes, sustainability efforts, and market expansions. Our curated collection serves as a reliable reference for analyzing the company's position in the packaged foods sector and broader consumer goods industry.
Discover press releases covering new product launches, retail partnerships, and operational milestones, alongside analyses of emerging trends affecting cereal, snack, and premium food markets. Content is regularly updated to reflect the company's latest public communications.
Bookmark this page for convenient access to General Mills' official announcements and maintain informed perspectives on its business trajectory. Combine this resource with Stock Titan's financial tools for comprehensive market research.
General Mills (GIS) reported a 4% increase in net sales to $4.7 billion for the first quarter ended August 28, 2022. Organic net sales rose 10%, driven by positive price realization despite a voluntary recall affecting Häagen-Dazs products. Operating profit surged 29% to $1.1 billion, while diluted EPS climbed 32% to $1.35. The company is raising its fiscal 2023 outlook, projecting organic net sales growth of 6-7% and adjusted diluted EPS growth of 2-5%. However, inflationary pressures and supply chain disruptions remain concerns.
General Mills (NYSE: GIS) will report its fiscal 2023 Q1 results on September 21, 2022. The company intends to release a press statement, along with management comments and slides, followed by a Q&A session at 8:00 a.m. CT. Interested individuals can access the details and webcast through www.generalmills.com/investors. For fiscal 2022, General Mills reported net sales of $19.0 billion with additional joint venture net sales of $1.1 billion.
Old El Paso™ has launched new Tortilla Pockets, designed for a mess-free taco night experience. These soft flour tortillas feature a sealed bottom for easy filling, allowing families to customize their tacos without the mess. The product is endorsed by
General Mills (NYSE: GIS) announced that CEO Jeff Harmening will present at the Barclays Global Consumer Staples Conference on September 6, 2022, from 12:00 to 12:40 PM CT. A webcast and replay will be available at www.generalmills.com/investors. In fiscal 2022, General Mills reported net sales of $19 billion and $1.1 billion from non-consolidated joint ventures, emphasizing its commitment to building strong brands and innovation.
Oui by Yoplait launches a new initiative encouraging women to "Say Oui" to self-care through a partnership with Hello Sunshine and Eve Rodsky. This collaboration features a video series promoting creative expression, highlighting women like Tonia, Natalie, and Rachel who prioritize their passions. The brand also announces updated yogurt recipes with 20% more fruit, enhancing its creamy texture. General Mills, the parent company, generated $19 billion in sales last fiscal year, aiming to further boost shareholder value through innovative strategies.
Yoplait, in collaboration with Box Tops for Education, is renovating the library at Dolores Huerta Elementary School in Lennox, California. This initiative aims to empower women and enhance students' educational experiences. Principal Maria Castellanos is pivotal in this effort, ensuring students thrive even post-pandemic. The renovated library will feature an amphitheater, a reading corner, and diverse books, many in Spanish. Yoplait encourages consumers to support local schools through Box Tops to help fund educational resources.
This back-to-school season, Nature Valley launches the first-ever rewards program on TikTok for families practicing sustainability. Through September 11, families can share their eco-friendly efforts using the hashtag #ReTokForNature to receive a promo code for free back-to-school items at the new ReTok Shop. Partnering with Stephen 'tWitch' Boss and Allison Holker-Boss, the initiative includes exclusive items from brands like L.L.Bean. This program aims to encourage families to engage in sustainable practices while shopping for necessary items.
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