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.
Totino's Pizza Rolls is making its first-ever Big Game commercial debut, featuring comedians Tim Robinson and Sam Richardson in 'Chazmo Finally Goes Home'. The commercial, written by Zach Kanin and directed by Alice Mathias, continues the storyline of an intergalactic visitor named Chazmo who loves pizza rolls.
This marks the first Big Game ad for the frozen pizza category and General Mills' return to the Big Game after more than a decade. The campaign is part of Totino's strategy to expand the Midwestern brand nationwide. Additionally, Totino's is bringing back 'Hang Time', its Spanish-language ad, which will air on Fox Deportes and Telemundo during the game.
The commercial was created in partnership with Dentsu Creative, UM, Edelman, and The Social Lights, and can be viewed on YouTube ahead of the game.
Old El Paso announces the launch of new Caramel Dessert Taco Shells, partnering with football stars J.J. Watt and Jason Kelce for -edition packaging. Following last year's successful Cinnamon Toast Crunch coating version, the new caramel-flavored shells will be available in exclusive collector's boxes through Walmart.com starting February 5 at 1 a.m. EST, sold in bundles of three.
The Stand 'n Stuff™ flat bottom shells feature a caramel flavor and are designed to hold ice cream and toppings. While the -edition boxes will be available exclusively online, standard boxes will hit retailers nationwide in March with an MSRP of $4.06.
General Mills (NYSE: GIS) has announced its participation in the upcoming Consumer Analyst Group of New York (CAGNY) Conference in Orlando, Florida. Chairman and CEO Jeff Harmening and CFO Kofi Bruce will deliver a presentation on February 18, 2025, starting at 7 a.m. CT.
The presentation will be accessible via webcast, and investors can view both the live stream and a replay through the company's investor relations website at www.generalmills.com/investors.
General Mills (NYSE: GIS) has announced its Board of Directors' declaration of a quarterly dividend of $0.60 per share. The dividend will be payable on May 1, 2025, to shareholders of record as of April 10, 2025. This announcement marks a significant milestone in the company's history, as General Mills and its predecessor have maintained an uninterrupted streak of dividend payments for 126 years.
General Mills (NYSE: GIS) has completed the sale of its Canadian Yogurt business to Sodiaal, including Yoplait and Liberté brands and a manufacturing facility in Québec. The company expects its U.S. Yogurt business sale to Lactalis to close in 2025, pending regulatory approvals.
Following the Canadian Yogurt divestiture and North American Whitebridge Pet Brands acquisition, General Mills has updated its fiscal 2025 outlook. The company now projects adjusted diluted EPS to decline between 4% and 2% in constant currency, compared to the previous forecast of a 3% to 1% decline, primarily due to increased interest expense from the Whitebridge acquisition debt.
These transactions are not expected to affect the company's fiscal 2025 organic net sales growth outlook or materially impact its constant-currency adjusted operating profit growth and free cash flow conversion projections.
General Mills (GIS) has launched Progresso Soup Drops, a -edition hard candy that tastes like their Traditional Chicken Noodle Soup. This innovative product transforms the classic soup flavor into a convenient, on-the-go format, targeting consumers during cold and flu season.
The Soup Drops will be available exclusively through ProgressoSoupDrops.com starting January 16, with additional releases every Thursday during National Soup Month. Each package includes 20 individually wrapped candies and comes with a can of actual Progresso Traditional Chicken Noodle Soup, priced at $2.49 plus $0.99 shipping.
The product aims to deliver the familiar taste of Progresso's chicken noodle soup, including flavors of broth, vegetables, chicken, egg noodles, and parsley, in a portable hard candy format.
General Mills (NYSE: GIS) has completed the acquisition of Whitebridge Pet Brands' North American premium Cat feeding and Pet treating business from NXMH for $1.45 billion. The acquisition includes the Tiki Pets and Cloud Star brands, marking General Mills' fifth pet category acquisition since 2018. The acquired business generated approximately $325 million in U.S. Nielsen-measured retail sales in the past twelve months, primarily in pet specialty and E-commerce channels.
The deal includes two manufacturing facilities in Joplin, Missouri, while NXMH retains Whitebridge's European operations. This acquisition follows General Mills' previous pet industry investments: Blue Buffalo (2018), Nudges, Top Chews, and True Chews (2021), Fera Pets (2023), and Edgard & Cooper (2024).
General Mills (GIS) reported Q2 fiscal 2025 results with net sales up 2% to $5.2 billion and organic net sales increasing 1%. Operating profit rose 33% to $1.1 billion, while diluted EPS increased 39% to $1.42. The company's performance was boosted by certain timing benefits expected to reverse in the second half.
The company updated its fiscal 2025 outlook, now targeting the lower end of its flat to 1% organic net sales growth range. Adjusted operating profit is expected to decline 2-4% in constant currency, revised down from previous guidance of flat to -2%. The updated outlook reflects increased investments to support volume growth and market share improvements.
Key segment performance included flat North America Retail sales, 5% growth in North America Pet, 8% growth in North America Foodservice, and 1% growth in International.
General Mills (GIS) launches new 'Game Day' marketing campaign featuring the Kelce and Watt families, promoting football-themed products and game day traditions. The campaign showcases various General Mills brands including Old El Paso, Lucky Charms, Cinnamon Toast Crunch, and Pillsbury.
The company is releasing -edition football-themed packaging for cereals and introducing a Mega Bundle exclusively on Walmart.com in early January 2025, featuring Jason Kelce on Cinnamon Toast Crunch boxes. The campaign includes TV, streaming, and social media content, highlighting family game day traditions and featuring the brands' mascots.
General Mills has announced the launch of Cheerios Protein, expanding its protein-enriched product portfolio. The new cereal contains 8 grams of protein per serving and will be available in Cinnamon and Strawberry flavors. This launch responds to growing consumer demand, with 71% of consumers actively trying to increase their protein intake.
The product joins other recent protein-focused launches from General Mills, including Wheaties Protein, Annie's Super Mac, and Yoplait Protein. Cheerios Protein will be available nationwide with a suggested retail price of $5.39 for large size and $5.69 for family size.
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