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. (NYSE: GIS) generates a steady stream of news across its broad portfolio of food brands, making its news flow relevant to investors, consumers, and industry observers. The company’s releases highlight product launches, brand collaborations, marketing campaigns, recalls, and financial results, all tied to its stated purpose of "Making Food the World Loves" and its Accelerate strategy.
Recent news showcases how General Mills activates its brands in the marketplace. Progresso introduced limited-edition Soup Drops, described as "the soup you can suck on," with flavors inspired by classic soups like Chicken Noodle and Tomato Basil. Pillsbury continues its long-running Pillsbury Bake-Off Contest, with finalists competing for a grand prize and recipes built around Pillsbury dough products. Reese’s Puffs cereal expanded with a Dark Chocolate Naturally Flavored variety, while Wheaties released a limited-edition Marty Supreme box in collaboration with A24.
Beyond product news, General Mills issues updates on earnings and outlook, such as its fiscal 2026 second-quarter results and commentary on segment performance in North America Retail, North America Pet, North America Foodservice, and International. The company also communicates about promotional campaigns, including a "Tastes Like a Touchdown" game day promotion featuring Justin Jefferson and Terry Crews, and initiatives like Cascadian Farm’s use of Kernza in organic cereals.
Safety and quality-related announcements, such as the voluntary recall of select Pillsbury Pizza Pops products in Canada due to potential pathogenic E. coli, are also part of the news flow. For anyone following GIS, this news page provides a centralized view of product innovation, brand activity, financial updates, and risk-related disclosures drawn from General Mills’ own press releases.
General Mills, Inc. (NYSE: GIS) is set to announce its fiscal 2023 third quarter results on March 23, 2023. A press release, along with pre-recorded remarks and supporting materials, will be available that morning, followed by a webcasted Q&A session at 8 a.m. CT. Stakeholders are encouraged to access relevant materials on the company’s investor relations website. In fiscal 2022, General Mills reported net sales of $19.0 billion and an additional $1.1 billion in non-consolidated joint venture net sales. The company aims to enhance shareholder value through its Accelerate strategy, focusing on brand development and innovation.
Blue Buffalo, a leading natural pet food company, announced a partnership with actress Angela Kinsey to help cat parents manage their cats' nighttime activities, impacting their sleep. A study revealed that 80% of cat parents find their cats active at night, with 47% reporting disrupted sleep. Kinsey shares tips for cat parents, such as playing with cats before bedtime and adjusting meal times. The promotion highlights Blue Buffalo’s BLUE Tastefuls™ cat food, which uses high-quality, natural ingredients without artificial flavors or preservatives. The brand emphasizes its commitment to nutritious pet food.
General Mills (NYSE: GIS) raised its fiscal 2023 guidance during the CAGNY 2023 Conference, citing strong market performance and an effective Accelerate strategy aimed at achieving profitable growth and top-tier shareholder returns. The company anticipates organic net sales growth of approximately 10% and adjusted operating profit growth of 6-7% in constant currency. Key growth segments include North America Retail and the rapidly expanding Pet Food business, with plans for further innovation and portfolio reshaping. Total returns to shareholders have shown consistent growth, reinforcing the company's commitment to delivering value.
General Mills (NYSE: GIS) announced that CEO Jeff Harmening and CFO Kofi Bruce will speak at the Consumer Analyst Group of New York Conference on February 21, 2023, in Boca Raton, Florida. The live webcast begins at 7 a.m. CT, with a replay available on their investor relations website. General Mills, headquartered in Minneapolis, generated $19.0 billion in net sales for fiscal 2022, with an additional $1.1 billion from joint ventures. The company is committed to enhancing shareholder value through its Accelerate strategy, focusing on brand building, innovation, and sustainability.
General Mills is promoting heart health for American Heart Month by reviving its heart-shaped Cheerios for the fourth consecutive year. The campaign features celebrity friends Leslie David Baker and Phyllis Smith, encouraging conversations about heart health over breakfast. Given that over 100 million Americans have heart disease, Cheerios highlights the benefits of a heart-healthy diet and aims to make discussions about health enjoyable. The limited-edition boxes are available nationwide and come with a rebate offer for a second box. Cheerios continues to focus on innovation and community engagement to support heart health awareness.
General Mills, through its Halo Top brand, is launching a new range of light baking mixes this winter, aimed at health-conscious consumers. The product line includes single-serve cake cups and mixes for fudge brownies and peanut butter chocolate chip cookies, featuring 1/3 fewer calories than leading traditional options. Each single-serve cake cup contains 170 calories, while the brownies have 90 calories and cookies just 80 calories. These products will be available at Walmart and Kroger stores starting early February, with prices set at $2.89 and $4.99 respectively. This move marks Halo Top's first expansion into the baking aisle.
The Board of Directors of General Mills has declared a quarterly dividend of $0.54 per share, scheduled for payment on May 1, 2023. This follows a record date of April 10, 2023. Remarkably, General Mills has maintained uninterrupted dividend payments for 124 years. The company reported net sales of $19.0 billion for fiscal 2022, along with non-consolidated joint venture net sales of $1.1 billion. General Mills continues to focus on driving shareholder value through brand innovation and sustainable growth.
General Mills announces its participation in the 33rd annual Dr. Martin Luther King Jr. Holiday Breakfast, marking its return to in-person celebrations in Minneapolis after a hiatus since 2020. Scheduled for January 16, 2023, the hybrid event aims to raise funds for under-represented students in the Twin Cities. Keynote remarks will be delivered by former U.S. Presidential advisor Valerie Jarrett. The event theme is "Keep Moving Forward," reflecting Dr. King’s legacy. Proceeds support the UNCF Twin Cities' scholarships for local students attending HBCUs. General Mills has contributed nearly $7 million over the years.
General Mills reported a 4% increase in net sales for the second quarter, reaching $5.2 billion, with organic net sales growth of 11%. Operating profit remained stable at $800 million, while diluted EPS rose 4% to $1.01. The company raised its fiscal 2023 outlook, expecting organic net sales to grow by 8-9% and adjusted EPS to increase by 4-6% in constant currency. The strong results were supported by effective brand-building and innovation strategies, despite challenges from input cost inflation and supply chain disruptions.
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