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.
The General Mills Board of Directors has announced a quarterly dividend of $0.51 per share, reflecting a 4% increase from last year's $0.49. This dividend is payable on August 2, 2021, to shareholders of record as of July 9, 2021. General Mills has maintained uninterrupted dividend payments for 122 years, showcasing its commitment to returning value to shareholders. In fiscal 2020, the company reported net sales of $17.6 billion, along with an additional $1.0 billion from non-consolidated joint ventures.
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General Mills (NYSE: GIS) will report its fiscal 2021 fourth quarter and full year results on June 30, 2021. A press release, management remarks, and supporting slides will be available that morning, followed by a webcast at 8:00 a.m. CT for Q&A. In fiscal 2020, General Mills achieved net sales of $17.6 billion, with an additional $1.0 billion from non-consolidated joint ventures. Interested parties can access the webcast and materials at www.generalmills.com/investors.
General Mills celebrates Memorial Day Weekend as a pivotal moment for families to gather after a year of isolation. A recent survey indicates many consumers are opting to buy fresh food and plan to continue cooking at home post-pandemic. The company suggests easy-to-make recipes for home gatherings, anticipating increased consumer interest in cooking. General Mills emphasizes its commitment to creating dishes that allow for enjoyable time with guests rather than being tied to the kitchen.
Nature Valley has taken a significant step in environmental sustainability by launching the first store drop-off recyclable wrapper for its Crunchy granola bar, approved by How2Recycle. Partnering with eco-friendly actor Zac Efron and Down to Earth, they aim to promote awareness of recycling practices. With 70% of Americans wanting to reduce plastic waste, this initiative targets 295 million potential recyclers. The company also aims for 100% recyclable packaging by 2025, encouraging other brands to join this movement.
Cheerios is encouraging Canadians to support Team Canada as the Olympic Games approach in under 70 days. Athletes will compete without overseas spectators, making local support crucial. To enhance this initiative, Cheerios is reintroducing its 'Cheer' boxes, allowing Canadians to write personalized messages to athletes aiming for gold. Available on Honey Nut, Multi-Grain, and Yellow Box Cheerios, these Cheer Cards are designed to boost morale and connect Canadians directly with their sports heroes.
General Mills (NYSE: GIS) will present at the BMO Global Farm to Market Conference on May 20, 2021, at 1:40 PM CT. CEO Jeff Harmening will discuss the company’s Accelerate strategy, its business performance, and the proposed acquisition of Tyson Foods' pet treats segment. The event will include a Q&A session with attendees. The presentation can be accessed via webcast on the General Mills investor website, with a replay available after the event. General Mills reported net sales of $17.6 billion in fiscal 2020.
General Mills (NYSE: GIS) has agreed to acquire Tyson Foods’ (NYSE: TSN) pet treats business for $1.2 billion cash, effectively costing $975 million after a $225 million tax benefit. This acquisition includes brands like Nudges, Top Chews, and True Chews, and is aimed at strengthening General Mills' pet platform. The business generated over $240 million in net sales in the past year. Funding will come from cash reserves and short-term borrowings, with expected earnings benefits after the deal closes in Q1 FY 2022.
:ratio has launched a new high-protein dairy snack, :ratio PROTEIN, offering 25G of protein and only 3G of sugar per single-serve cup, the highest protein content in the yogurt aisle. Available in five flavors, it aims to meet consumer health goals and expand the :ratio product line. The snack retails for $1.69 and includes a promotional giveaway of 300 limited-edition Dairy Dumbbells weighing 2.5 lbs. General Mills generated $17.6 billion in net sales for fiscal 2020.
General Mills (NYSE: GIS) is hosting its first-ever ESG investor event on May 25, 2021, via webcast. The event will include a pre-recorded presentation and a live Q&A, focusing on the company's initiatives in environmental sustainability, food security, community strengthening, and inclusion. The session will start at 7:00 a.m. CT and can be accessed at www.generalmills.com/investors. For further insights, attendees can review the 2021 Global Responsibility Report, released on April 22, 2021.