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.
General Mills (NYSE: GIS) reported its fiscal 2024 fourth-quarter and full-year results. Full-year net sales decreased by 1% to $19.9 billion, while net sales for Q4 were down 6% to $4.7 billion. Adjusted operating profit for the year increased by 4% in constant currency, while Q4 saw a 10% decline. Diluted EPS for the year was $4.31, unchanged from the prior year; adjusted diluted EPS grew by 6% to $4.52. Q4 diluted EPS fell 5% to $0.98, with an adjusted dip of 10% to $1.01.
The board declared a quarterly dividend increase to $0.60 per share, marking a 2% rise. For fiscal 2025, General Mills aims to maintain organic net sales growth between flat and +1%, with adjusted operating profit expected to range from flat to a 2% decline. The company will continue to focus on cost-saving measures and innovation to drive future growth.
General Mills (NYSE: GIS) is scheduled to release its fiscal 2024 fourth quarter and full year earnings results on June 26, 2024. The company will provide a press release, pre-recorded management remarks, and supporting slides on the same morning. An interactive Q&A session will be webcast at 8 a.m. CT. All materials will be accessible via the General Mills investor relations website.
General Mills (NYSE: GIS) announced that Chairman and CEO Jeff Harmening will participate in a fireside chat at Bernstein’s 40th Annual Strategic Decisions Conference on May 29, 2024, at 9 a.m. CT. The discussion will be webcast live, and a replay will be available on the General Mills investor relations website.
Wheaties™ celebrates sports and equality champion Billie Jean King by featuring her on their iconic orange box. King, a trailblazer on and off the tennis court, is a highly decorated tennis champion with numerous firsts to her name. Wheaties continues its tradition of honoring athletes who excel in sports and in the community. The brand also launches Wheaties Protein, a high-protein cereal, offering over 20g of protein per serving in two flavors. The -edition Billie Jean King Wheaties Box will be available nationwide for $6.19.
General Mills (NYSE: GIS) has completed the acquisition of Edgard & Cooper, a premium pet food brand in Europe. This move aligns with the company's Accelerate strategy to drive growth and shareholder returns. Edgard & Cooper, founded in 2016, is a rapidly growing brand with estimated 2023 sales exceeding €100 million. The acquisition strengthens General Mills' position in the pet food market and emphasizes sustainability.
General Mills' Wheaties brand introduces Wheaties Protein, offering more than 20g of protein per serving in two new flavors. This high-protein cereal is aimed at everyday athletes, expanding the legacy of the iconic brand. Wheaties Protein is designed to fuel individuals from various walks of life with a satisfying and versatile protein source.
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