General Mills Stock Price, News & Analysis

General Mills (NYSE: GIS) has announced its plans to release its fiscal 2025 third quarter earnings results on March 19, 2025. The company will provide a comprehensive financial update through multiple channels, including:

• A press release
• Pre-recorded management remarks
• Supporting slides
• A webcasted Q&A session scheduled for 8 a.m. CT

Investors and interested parties can access all materials and the webcast through the company's investor relations website at www.generalmills.com/investors.

General Mills (GIS) is expanding its Lucky Charms product line with three new offerings: Lucky Charms Rainbow Sprinkles Cereal, Lucky Charms Jumbo Rainbow Cereal, and Just Magical Marshmallows with Jumbo Rainbows.

The Rainbow Sprinkles variant features birthday cake flavor with confetti sprinkle pieces, while the Jumbo Rainbow Cereal contains three times more rainbow charms in larger sizes. The Just Magical Marshmallows includes a -edition pouch with the new Jumbo Rainbow charm alongside traditional marshmallow shapes.

The Rainbow Sprinkles Cereal is currently available at Walmart and will expand nationwide in April at $5.69 MSRP. The Jumbo Rainbow Cereal will launch nationwide in April at $5.69 MSRP, while the Just Magical Marshmallows with Jumbo Rainbows will be priced at $4.98 MSRP.

General Mills (NYSE: GIS) presented its five-year progress on the Accelerate strategy at the CAGNY 2025 Conference, highlighting sustainable growth and shareholder returns. The company has reshaped 30% of its portfolio and increased media investment by nearly 40% from FY2019 to FY2024.

The strategy focuses on four pillars: Boldly Building Brands (with nine billion-dollar brands), Relentlessly Innovating, Unleashing Scale (doubling Digital, Data, and Technology investment since 2019), and Standing for Good (advancing regenerative agriculture on 600,000 acres towards 1 million by 2030).

Since fiscal 2019, General Mills has returned over $11 billion to shareholders through dividends and share repurchases, demonstrating strong margin growth and cash flow conversion.

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.