General Mills Stock Price, News & Analysis

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.

General Mills announces its return to the Big Game advertising after more than a decade, featuring Totino's Pizza Rolls in its first-ever Super Bowl commercial on February 9, 2025. The brand's strategic move follows a successful fall campaign highlighting the value proposition of 10 Pizza Rolls for about $1, which led to the second-highest sales month in Totino's 30-year history during the 2024 regular season playoffs.

The campaign will showcase the brand's distinct humor and marks the first frozen pizza category advertiser in the Big Game. Additionally, Totino's is bringing back 'Hang Time,' its Spanish-language ad, which will air on Fox Deportes and Telemundo Deportes during the event.

General Mills (NYSE: GIS) has announced it will release its fiscal 2025 second quarter earnings on December 18, 2024. The company will provide a press release, pre-recorded management remarks, and supporting slides, followed by a webcasted Q&A session at 8 a.m. CT. Investors and interested parties can access these materials through the company's investor relations website.

REESE'S PUFFS cereal expands its partnership with basketball star Angel Reese and fashion brand KidSuper to launch the REESE'S PUFFS Duffel Puff Bag. The high-quality vegan leather bag, priced at $295, features a unique design combining basketball and cereal motifs, including hand-drawn patterns and basketball-textured handles. The bag will be available at KidSuper.com starting December 10, with 10% of proceeds benefiting The Angel C. Reese Foundation. This collaboration follows the October release of 'Angel X REESE'S PUFFS' cereal boxes, available nationwide for $5.69.

General Mills (NYSE: GIS) has announced its latest quarterly dividend payment of $0.60 per share. The dividend will be paid on February 3, 2025, to shareholders of record as of January 10, 2025. This announcement maintains the company's remarkable track record of 126 years of uninterrupted dividend payments, including those made by its predecessor company.

General Mills (NYSE: GIS) has announced a $1.45 billion acquisition of Whitebridge Pet Brands' North American premium Cat feeding and Pet treating business from NXMH. The acquisition includes the Tiki Pets and Cloud Star brands, which generated approximately $325 million in U.S. Nielsen-measured retail sales in the past twelve months. This marks General Mills' fifth pet category acquisition, following Blue Buffalo (2018), Nudges, Top Chews, and True Chews (2021), Fera Pets (2023), and Edgard & Cooper (2024). The deal includes two manufacturing facilities in Joplin, Missouri, and will be funded through cash and new debt. The transaction is expected to close in Q3 fiscal 2025.

Old El Paso™ is partnering with football's Watt brothers (J.J., T.J., and Derek) for a new content series called 'Watt Can Taco'. The series showcases a competition between T.J. and Derek, judged by J.J., where they transform popular game-day foods into tacos using Old El Paso products.

The campaign, launching just before National Taco Day on October 4, aims to inspire football fans to include Old El Paso in their game-day meal rotations. The content series will be available on digital video, TikTok, Instagram, and the Old El Paso website.

The campaign features creative taco ideas like Meaty Pizza Taco, Philly Cheesesteak Taco, and Chicago Style Hot Dog Taco Bowl. Old El Paso offers a range of products including seasonings, sauces, soups, taco shells, and taco kits to help fans recreate these unique taco creations at home.

Totino's Pizza Rolls has launched a new ad campaign featuring comedians Tim Robinson and Sam Richardson. The campaign, titled 'Chazmo Goes Home', showcases the brand's value proposition of 10 Pizza Rolls for about $1. The comedic spots follow the duo's encounter with Chazmo, a friendly alien who has eaten their Totino's Pizza Rolls stash.

Created with writer Zach Kanin and director Alice Mathias, known for their work on 'I Think You Should Leave' and 'Detroiters', the campaign brings together a team of comedic talents. The ads will air on streaming platforms, online video, and social media during the football season. This follows Totino's successful ad campaign during the 2024 playoff season and its role as Presenting Sponsor at the 2024 Big 12 Football Media Day.

General Mills (NYSE: GIS) has announced its quarterly dividend declaration. The company's Board of Directors has declared a dividend of $0.60 per share, maintaining the current rate. This dividend will be payable on November 1, 2024, to shareholders of record as of October 10, 2024.

Notably, General Mills and its predecessor company have maintained an uninterrupted dividend payment streak for 126 years. This long-standing commitment to shareholder returns underscores the company's financial stability and dedication to rewarding its investors consistently over time.