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) generates a steady stream of news across its broad portfolio of food brands, making its news flow relevant to investors, consumers, and industry observers. The company’s releases highlight product launches, brand collaborations, marketing campaigns, recalls, and financial results, all tied to its stated purpose of "Making Food the World Loves" and its Accelerate strategy.
Recent news showcases how General Mills activates its brands in the marketplace. Progresso introduced limited-edition Soup Drops, described as "the soup you can suck on," with flavors inspired by classic soups like Chicken Noodle and Tomato Basil. Pillsbury continues its long-running Pillsbury Bake-Off Contest, with finalists competing for a grand prize and recipes built around Pillsbury dough products. Reese’s Puffs cereal expanded with a Dark Chocolate Naturally Flavored variety, while Wheaties released a limited-edition Marty Supreme box in collaboration with A24.
Beyond product news, General Mills issues updates on earnings and outlook, such as its fiscal 2026 second-quarter results and commentary on segment performance in North America Retail, North America Pet, North America Foodservice, and International. The company also communicates about promotional campaigns, including a "Tastes Like a Touchdown" game day promotion featuring Justin Jefferson and Terry Crews, and initiatives like Cascadian Farm’s use of Kernza in organic cereals.
Safety and quality-related announcements, such as the voluntary recall of select Pillsbury Pizza Pops products in Canada due to potential pathogenic E. coli, are also part of the news flow. For anyone following GIS, this news page provides a centralized view of product innovation, brand activity, financial updates, and risk-related disclosures drawn from General Mills’ own press releases.
General Mills is launching a new children's book titled The Magic Inside, featuring Lucky from Lucky Charms. The book tells Lucky's coming-of-age story and will be celebrated with a live reading and Q&A by actor Taye Diggs on Instagram on March 2 at 5pm PST. Families can access the book digitally for free and the first 10,000 new readers of the Magic Makers Club will receive a free print version. The book is designed for third graders and aims to promote a love of reading, coinciding with St. Patrick's Day.
General Mills announces the opening of The Taco Shop by Old El Paso in partnership with the LeBron James Family Foundation at House Three Thirty, aimed at supporting community job training and engagement. Set to open next year, the restaurant will serve a variety of menu items inspired by family recipes, including tacos and burritos. The initiative extends the longstanding collaboration between Old El Paso and LJFF, enhancing their commitment to family and community support through programming for I PROMISE families and local residents.
General Mills reaffirmed its fiscal 2022 guidance during the CAGNY 2022 Conference, emphasizing its Accelerate strategy aimed at profitable growth and shareholder returns. Key initiatives include portfolio reshaping through strategic acquisitions like Blue Buffalo and divestitures in Europe. The company expects organic net sales growth of 4-5% and adjusted operating profit to decline by 1-4%. Additionally, supply shortages in North America are anticipated to impact short-term performance, with a focus on addressing these issues to enhance future growth.
Summary not available.
General Mills (NYSE: GIS) announced its executives will speak at the Consumer Analyst Group of New York Conference on February 22, 2022. CEO Jeff Harmening, Dana McNabb (Chief Strategy and Growth Officer), and Kofi Bruce (CFO) will present a pre-recorded session starting at 7:00am CT. A replay will be available on their investor website after the event. General Mills, headquartered in Minneapolis, generated $18.1 billion in net sales for fiscal 2021, with an additional $1.1 billion from joint ventures.
General Mills has achieved a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index for the 16th consecutive year, highlighting its commitment to LGBTQ+ workplace equality. The company supports inclusive policies and offers programs through its employee network, Betty’s Family, which engaged over 1,000 employees in various initiatives. General Mills maintains a focus on creating equitable workplaces, guided by its Accelerate strategy that emphasizes brand building and innovation. The full report is accessible online.
General Mills (NYSE: GIS) announces the retirement of Richard Allendorf as senior vice president, general counsel, and secretary, effective August 2022. Allendorf, who joined the company in 1998, has significantly impacted the organization through his strategic legal counsel and leadership. CEO Jeff Harmening commended Allendorf's contributions, highlighting his role in fostering a culture of inclusion and supporting the board of directors. General Mills, headquartered in Minneapolis, reported net sales of $18.1 billion in fiscal 2021, underscoring its position in the food industry.
General Mills is celebrating American Heart Month by reintroducing heart-shaped Cheerios to promote a heart-healthy lifestyle. Partnering with Buzz Bee and Ice-T, the brand is launching the 'Pour Your Heart Into It' workout series to encourage fun and engaging physical activity. Cheerios will feature limited-edition heart shapes across flavors and offer promotional giveaways. The campaign emphasizes the importance of diet and exercise as enjoyable elements of a healthy routine, especially amid rising heart disease concerns in the U.S.
The Board of Directors of General Mills (NYSE: GIS) has declared a quarterly dividend of $0.51 per share, payable on May 2, 2022, to shareholders on record as of April 8, 2022. This marks 123 years of uninterrupted dividend payments from the company. For fiscal 2021, General Mills reported net sales of $18.1 billion, with an additional $1.1 billion from non-consolidated joint ventures. The company's strategy focuses on brand growth and shareholder value.
Cinnamon Toast Crunch has unveiled its Cinnamoji Toast Crunch, a limited-edition cereal featuring Cinnamoji faces on each square piece. This unique product launches nationwide this month. Additionally, fans can participate in a sweepstakes for a personalized Cinnamoji box. Notable celebrity-themed cereal boxes will feature Chloe Kim, Justin Jefferson, Leslie Grace, Manuel Turizo, and SpongeBob SquarePants. Chloe Kim will kick off the promotions on January 27, including a special Go-GURT product. The campaign continues with new celebrity boxes soon.