General Mills Stock Price, News & Analysis

Betty Crocker has launched BettyLab, a platform designed to inspire creativity in kitchens. Partnering with Barbie's Dream Gap Project, they aim to support girls in STEM fields through culinary science. The initiative includes a $100,000 donation and a special edition baking mix, 'Baking Better Futures'. Starting March 8, International Women’s Day, BettyLab will offer engaging STEM-based recipes and tutorials. General Mills, parent company of Betty Crocker, reported net sales of $17.6 billion in fiscal 2020, emphasizing its global food leadership.

EPIC has launched its first Beef Barbacoa-Inspired Bar made from beef raised using regenerative farming practices aimed at reducing carbon emissions. This product carries the Savory Institute's Land to Market™ Ecological Outcome Verification™ Seal, highlighting EPIC’s commitment to sustainability. The beef is sourced from White Oak Pastures, offsetting 80% of its greenhouse gas emissions. Priced at $2.99 each, the bar is available at Whole Foods and EPIC's website, promoting consumer support for regenerative agriculture and improved soil health.

General Mills (NYSE: GIS) is set to announce its fiscal 2021 third quarter results on March 24, 2021. The announcement will include a press release, pre-recorded management remarks, and supporting slides, all available that morning. A webcast Q&A session is scheduled for 8:00 a.m. CT. General Mills, headquartered in Minneapolis, generated U.S. $17.6 billion in net sales for fiscal 2020, with an additional U.S. $1.0 billion from non-consolidated joint venture sales.

Lucky Charms is launching a special Green Milk Turn Lucky Charms cereal to celebrate St. Patrick’s Day, featuring clover charms that turn milk green. This limited-edition product will be available at major retailers for $3.33 while supplies last. In collaboration with Hasbro, a special edition of the CANDY LAND game, titled Lucky’s CharmWorld, is also available for pre-order. The brand is partnering with various companies like Cold Stone Creamery and Crocs Jibbitz to provide additional themed activities for families. These initiatives aim to create memorable celebrations at home during the holiday.

Nature Valley has launched the first plastic film wrapper designated as Store Drop-Off recyclable by How2Recycle® for its Crunchy granola bars. This packaging advancement aligns with the brand’s commitment to achieving 100% recyclable packaging by 2025. By not patenting the technology, Nature Valley encourages other food brands to adopt similar solutions. The initiative aims to increase consumer awareness about recycling and improve sustainability within the snack industry, potentially reaching 295 million Americans who are near Store Drop-Off locations.

At the CAGNY 2021 Conference, General Mills (NYSE: GIS) presented its Accelerate strategy aimed at achieving superior shareholder returns through brand enhancement, innovation, and operational scale. Key focuses include prioritizing investments in eight Core Markets and five Global Platforms like Cereal and Pet Food. The company forecasts mid- to high-single-digit earnings growth and aims for organic net sales growth of 2-3%. General Mills reaffirmed its third-quarter and full-year fiscal 2021 guidance amidst sustained elevated consumer demand for food at home.

Dairy foods are crucial for health, yet 90% of Americans fall short of the recommended 3 cups per day, known as 'The Dairy Gap.' Key nutrients lacking include calcium, vitamin D, and potassium. Yoplait yogurt offers a solution, providing an average cost of 60 cents per serving. It is now recognized as an Excellent Source of Calcium with 260 mg (20% DV) and a Good Source of Vitamin D with 3 mcg (15% DV). By choosing Yoplait, consumers can help bridge this nutrient gap.

Cascadian Farm has pledged a significant $750,000 investment to The Nature Conservancy aimed at restoring farmland in California’s Sacramento Valley. This two-year initiative intends to enhance wildlife habitats and recharge groundwater over 600 acres of farmland, emphasizing sustainable farming practices. Emily Thomas of General Mills highlighted the brand's commitment to sustainability as consumer demand shifts towards environmentally responsible companies. The program aims to improve farmers' economic resilience against climate challenges while promoting biodiversity.