STOCK TITAN

General Mills, Inc. - GIS STOCK NEWS

Welcome to our dedicated news page for General Mills (Ticker: GIS), a resource for investors and traders seeking the latest updates and insights on General Mills.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect General Mills's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of General Mills's position in the market.

Rhea-AI Summary
General Mills, Inc. (NYSE: GIS) announced the acquisition of Fera Pets, Inc., a vet-founded pet supplement company, to bring new health-focused offerings to its pet portfolio. Fera Pets, Inc. will join General Mills’ new growth equity fund to accelerate disruptive innovation in the pet food ecosystem, targeting the rising trend of pet wellbeing. The acquisition aims to meet the increasing demand for high-quality and science-backed pet supplement products, catering to the humanization of pet care.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
-
Rhea-AI Summary
Mott’s Fruit Flavored Snacks is launching Snacks & Stories, a book redemption program in partnership with Penguin Random House to celebrate culture, family, and community. Families who purchase one box of Mott’s Fruit Flavored Snacks and redeem their receipt can receive one of 16 children’s books that celebrate multiculturalism. The program aims to provide access to books for families living in book deserts with limited access to books. Mott’s has also launched the Mott’s Snacks & Stories Mobile Library, which will travel to book deserts across the U.S. to share stories and encourage reading.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.14%
Tags
none
-
Rhea-AI Summary
General Mills, Walmart, and Sam's Club collaborate to accelerate the adoption of regenerative agriculture on 600,000 acres by 2030
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
Rhea-AI Summary
General Mills declares a quarterly dividend of $0.59 per share, payable on November 1, 2023. The company has a history of uninterrupted dividend payments for 125 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
dividends
-
Rhea-AI Summary
General Mills reports Q1 results with net sales of $4.9 billion, up 4% and organic net sales also up 4%. Operating profit down 14%, adjusted operating profit up 2% in constant currency. Diluted EPS down 16%, adjusted diluted EPS down 1% in constant currency. Reaffirms full-year fiscal 2024 outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
-
Rhea-AI Summary
General Mills reaffirms full-year financial outlook for fiscal 2024 with expected increases in organic net sales, adjusted operating profit, and adjusted diluted EPS. The company expects NAR volume trends to improve in the remainder of fiscal 2024. Pet segment organic net sales expected to be flat in Q1. International segment expected to generate organic net sales growth above company average in Q1. General Mills plans to increase quarterly dividend rate by 9 percent. The company targets reducing average net shares outstanding by roughly 2 percent in fiscal 2024 through share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
none
Rhea-AI Summary
Old El Paso teams up with the Watt brothers to upgrade game day food options
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
none
-
Rhea-AI Summary
General Mills plans to report results for its fiscal 2024 Q1 on Sept. 20, 2023. Interested parties can access the materials and webcast at www.generalmills.com/investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
conferences earnings
-
Rhea-AI Summary
Monsters Cereal releases limited-edition merch and DJ Carmella's remix of 'Monster Mash', boosting fan excitement for the brand. The full Monsters Cereal lineup includes Monster Mash Remix, Carmella Creeper, Franken Berry, Count Chocula, and Boo Berry. Exclusive merch will be available for sale on monsterscereal.com on Friday, Oct. 13. Monsters Cereals are now available at retailers nationwide starting at $3.99.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
none
Rhea-AI Summary
Blue Buffalo partners with Jenna Dewan to promote healthy routines for families and pets during back-to-school season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
none
General Mills, Inc.

NYSE:GIS

GIS Rankings

GIS Stock Data

37.37B
562.09M
0.21%
80.66%
2.75%
Breakfast Cereal Manufacturing
Manufacturing
Link
United States
Minneapolis

About GIS

one of the world's leading food companies, general mills operates in more than 100 countries and markets more than 100 consumer brands, including cheerios, yoplait, betty crocker, pillsbury, häagen-dazs, nature valley, green giant, old el paso, progresso, cascadian farm, muir glen, and more. headquartered in minneapolis, minnesota, usa.