General Mills Stock Price, News & Analysis

General Mills (NYSE: GIS) has announced the promotion of Dana McNabb to Group President of North America Retail (NAR) and North America Pet, effective June 1st, 2025. McNabb, who currently oversees NAR, will add the North America Pet segment to her portfolio, with Liz Mascolo, Segment President of North America Pet, reporting to her.

McNabb's promotion builds on her successful track record at General Mills, including her role as Group President of NAR since 2023, Chief Strategy and Growth Officer in 2021, and previous leadership of the Europe & Australia segment. Notably, as President of U.S. Cereal, she achieved category leadership for the first time in 15 years and drove growth in net sales and operating profit.

Pillsbury, a General Mills (NYSE: GIS) brand, is launching a new line of refrigerated cookie dough called Pillsbury BIG COOKIES. These cookies are more than three times larger than Pillsbury's classic cookies and come in three indulgent flavors: S'mores, Chocolate Chunk Salted Caramel, and Double Chocolate Cherry. The cookies take 17-21 minutes to bake and are available in six-count packs for an MSRP of $5.99. Like all Pillsbury cookie dough, these new products are Safe to Eat Raw. The product launch begins at Walmart in May 2025, followed by a nationwide rollout during summer 2025. This launch aligns with the current trend of larger, bakery-style cookies in the market.

Old El Paso is expanding its product lineup with several new taco offerings. The company introduced the first-ever Birria Taco Kit, featuring 10 soft tortillas, Tex-Mex seasoning, and chipotle sauce, capitalizing on the trending birria dish that has garnered over 1 million Instagram hashtags. Additionally, they launched a new Breakfast Taco Kit containing six soft tortillas with green chile and queso cheese sauces.

The company is also expanding its Carb Advantage line with new Nacho Cheese Hard Shells and Soft Tortillas, alongside a reformulated original Carb Advantage Taco Shell. The new products will be available at Walmart starting March 2025, with nationwide rollout planned for summer 2025.

General Mills (GIS) is launching its first-ever Gushers All Blue pack nationwide in response to overwhelming fan demand. The new pack features two flavors: the classic Blueberry Grape and a new Sour Blue Raspberry flavor inspired by TikTok trends. The launch follows a 30% increase in 'blue Gushers' social media mentions over the past year.

The company is supporting the launch with a social media campaign called "Legend of Blue Gushers," featuring a fictional story about the product's origins in the Blue Ridge Mountains. The new Gushers All Blue pack will be available at retailers nationwide in a six-count box priced at an MSRP of $4.69.

Box Tops for Education, a General Mills program, has awarded $300,000 to 10 schools nationwide, with each receiving $30,000 in December 2024. The program, established in 1996, has helped schools earn nearly $1 billion for classroom needs. In December 2024, schools saw a 19% year-over-year increase in earnings, driven by 4.9 million more Box Tops than the previous year. The Box Tops app, with over 217,000 active monthly users, allows families to earn cash for schools by scanning receipts or using Connected Accounts. South Kearns Elementary in Utah is using their funding to install soccer goals, while nine other schools across the country are implementing various educational initiatives. For Teacher Appreciation Month in May 2025, Box Tops is offering a $5 bonus for new app users who scan their first receipt using code "TEACHER" until May 31, 2025.

Wheaties has announced a collaboration with Marvel Studios' 'Thunderbolts' to release a -edition collector's cereal box. The exclusive box, which won't contain cereal, features the film's ensemble cast of antiheroes and will be available with or without a protective acrylic case.

The collectible item will be sold exclusively on Wheaties.com starting at 11 a.m. EST on Wednesday, April 30, while supplies last. This release follows Wheaties' appearance in the movie's Big Game trailer and theater standees nationwide.

The collaboration marks Wheaties' expansion beyond traditional sports champions, embracing a new kind of champion that defies expectations. The box design showcases the 'Thunderbolts' logo reimagined through a Wheaties lens, coinciding with the film's theatrical release on May 2.

Old El Paso is expanding its product lineup with three major innovations: the first-ever Birria Taco Kit, a new Breakfast Taco Kit, and an expanded Carb Advantage line. The Birria kit, capitalizing on a trending dish with over 1 million Instagram hashtags, includes 10 soft tortillas, Tex-Mex seasoning, and smoky chipotle sauce.

The Breakfast Taco Kit features six soft tortillas with green chile and queso cheese sauces. The expanded Carb Advantage line introduces Nacho Cheese Hard Shells, Soft Tortillas, and a Tortilla Rounds Taco Kit, along with a reformulated original Carb Advantage Taco Shell.

These new products will be available at Walmart starting March and will roll out nationwide during summer.

General Mills (NYSE: GIS) reported fiscal 2025 third-quarter results with net sales down 5% to $4.8 billion, impacted by retailer inventory reductions and slower snacking category performance. Operating profit decreased 2% to $891 million, while diluted EPS fell 4% to $1.12.

Key segment performance included:

• North America Retail: Sales down 7% to $3.0 billion
• North America Pet: Sales flat at $624 million
• North America Foodservice: Sales up 1% to $555 million
• International: Sales down 4% to $651 million

The company updated its fiscal 2025 outlook, now expecting organic net sales to decline 2% to 1.5%, compared to previous guidance of flat to up 1%. Adjusted operating profit and adjusted diluted EPS are projected to decrease 7-8% in constant currency, revised from previous expectations of 2-4% decline.

General Mills is making its first entry into the ramen noodle market with innovative flavors from two of its popular brands - Old El Paso and Totino's. The launch features four distinct varieties: Old El Paso Ramen in Fajita and Beef Birria flavors, and Totino's Ramen in Cheese Pizza and Buffalo-Style Chicken Pizza flavors.

The products will be exclusively available at Walmart stores nationwide and Walmart.com starting April. This launch capitalizes on the viral trend of instant ramen, which has garnered over 174 million posts on TikTok. The new offerings combine the familiar tastes of Totino's pizza rolls and Old El Paso's Tex-Mex flavors with traditional ramen, creating a unique fusion of comfort foods.