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. (NYSE: GIS) is a global leader in the food processing sector, headquartered in Minneapolis, Minnesota. Operating in more than 100 countries, General Mills markets an extensive portfolio of over 100 consumer brands including household names such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Häagen-Dazs, Nature Valley, Green Giant, Old El Paso, Progresso, Cascadian Farm, and Muir Glen.
The company produces a wide range of food products categorized into snacks, cereals, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. In fiscal 2023, a significant 81% of the company's revenue was generated from the United States. However, General Mills maintains a robust international presence with operations in Canada, Europe, Australia, Asia, and Latin America.
General Mills' consumer base primarily comprises retail stores, but the company also provides products to foodservice channels and the commercial baking industry. The company is well-regarded for its commitment to quality, innovation, and sustainability, making it a trusted name in households worldwide.
Recent achievements include the expansion of its pet food line, particularly through the Blue Buffalo brand, which has seen substantial growth. Additionally, the company has invested in sustainable sourcing and production techniques, ensuring long-term environmental stewardship. Key partnerships with various retailers and distributors have further cemented General Mills' position as a market leader.
General Mills continues to focus on health-oriented products, meeting the growing consumer demand for nutritious and convenient food options. The company’s strategic initiatives and ongoing projects reflect its dedication to adapting to changing market dynamics while maintaining its legacy of delivering high-quality food products.
General Mills, Inc. (NYSE: GIS) is set to report its fiscal 2022 first quarter results on September 22, 2021. A press release, management remarks, and supportive slides will be available on the same day, along with a webcast Q&A at 8:00 a.m. CT. For access, interested parties can visit www.generalmills.com/investors. The company generated $18.1 billion in net sales for fiscal 2021, with an additional $1.1 billion from non-consolidated joint ventures, focusing on brand building and innovation to drive shareholder value.
The Old El Paso™ #MessFreeChallenge has transitioned to a basketball theme in its second year, focusing on combating food insecurity across the U.S. and Canada. With 1 in 4 U.S. households and 1 in 8 in Canada facing food scarcity, basketball stars like Andre Drummond and Andrew Wiggins are leading the initiative. They encourage fans to contribute alongside General Mills, which has pledged a $15,000 donation to Feeding America and Canadian food banks. Last year's campaign resulted in over 100,000 meals donated, with aspirations to increase that number this year.
General Mills (NYSE: GIS) will participate in the Barclays Global Consumer Staples Virtual Conference on September 8 at 7:00 a.m. CT. Jon Nudi, Group President of North America Retail, and Bethany Quam, Group President of Pet, will lead the fireside chat. Interested individuals can access the webcast and presentation slides at General Mills Investors. Fiscal 2021 saw net sales reach $18.1 billion.
General Mills highlights the importance of nutrient-dense eating, emphasizing that affordable and accessible food options, like their Big G Cereals, can support children's health.
A survey reveals that 77% of parents believe homemade breakfasts are healthier, yet cereal often provides essential nutrients efficiently.
With 60% of parents feeling pressured by social media to present 'perfect' meals, the company advocates for a balanced approach to nutrition, stating that cereals like Cheerios and Fiber One can meet dietary needs effectively.
Cinnamon Toast Crunch is launching an exclusive sweepstakes for teens aged 13-18, running until August 31. Participants can win free cereal and prizes through the Cinnamagistics.com. The event features the brand's characters, Cinnamojis, and participants can enter daily for a chance to win exciting merchandise. Additionally, a 2 million box giveaway is planned for September.
Pillsbury has launched six new products aimed at enhancing family cooking experiences, including two Pull-Apart Bread Kits, Mini Cinni Stix, Mini Pizza Crusts, and snack-size Cookie Dough Poppins. These offerings are designed for convenience, allowing families to enjoy home-baked moments with ease. The Pull-Apart Kits come with pre-cut dough and sauce, while the Mini Cinni Stix and Cookie Dough Poppins cater to various snacking occasions. General Mills, the parent company, generated $18.1 billion in net sales for fiscal 2021, indicating significant market presence.
FaZe Clan has partnered with Totino’s Pizza Rolls to launch a new content series hosted by Lil Yachty, featuring FaZe talent engaged in gaming and fun activities like cooking and fishing aboard a yacht. The series aims to showcase the spontaneous nature of Totino's as the ultimate gaming snack. This collaboration follows FaZe Clan's recent milestones, including becoming the first gaming organization on the cover of Sports Illustrated. The partnership seeks to creatively integrate the gaming and snack culture, appealing to a shared audience.
Oui by Yoplait has partnered with essie to promote self-care ahead of International Self-Care Day on July 24. The collaboration introduces 1,000 OuiFresh kits featuring six essie nail polishes inspired by Oui yogurt flavors, all in an upscale refrigerated tote. Consumers can enter the OuiFresh sweepstakes via Instagram until July 22. Self-care advocate Busy Philipps will share tips within the kits. Oui yogurt, made with whole milk and slow-cultured for eight hours, retails for $1.49 nationwide. General Mills, which owns Oui, reported fiscal 2021 net sales of $18.1 billion.
Old El Paso introduces new Tex-Mex meal kits, sauces, and a rice dish aimed at enhancing family mealtimes. These products promise to deliver restaurant-quality flavors at home in under 30 minutes, fostering family togetherness. The Burrito Bowl Kits offer three flavor options, while the Street Taco Kits capture food truck experiences. Additionally, squeeze sauces and Cilantro Lime Rice add zest to meals. Prices range from $1.89 to $3.99, making these items affordable. Available at major retailers nationwide, these offerings reflect Old El Paso's commitment to quality and convenience.
FAQ
What is the current stock price of General Mills (GIS)?
What is the market cap of General Mills (GIS)?
What does General Mills, Inc. do?
Where is General Mills headquartered?
Which are some of the key brands owned by General Mills?
What percentage of General Mills' revenue comes from the United States?
Does General Mills operate internationally?
What recent achievements has General Mills made?
What sectors does General Mills sell its products to?
How does General Mills address environmental sustainability?
What is General Mills' focus in terms of product development?
How extensive is General Mills' product portfolio?
