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General Mills, Inc. - GIS STOCK NEWS

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.

News

Lucky the Leprechaun is Missing and Teasing Fans in Minneapolis, Miami and Los Angeles!

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Lucky Charms introduces limited-edition boxes with leprechaun traps and a new board game to catch Lucky before St. Patrick's Day. Families can enhance their trapping skills with the 'Lucky's Leprechaun Trap' game. The cereal also features green milk to celebrate the occasion.
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General Mills Shares Progress Against Accelerate Strategy

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General Mills, Inc. reaffirms its Fiscal 2024 outlook at CAGNY, showcasing its Accelerate strategy for sustainable growth and top-tier shareholder returns. The company has seen strong results over the past five fiscal years, focusing on brand building, innovation, digital infrastructure, and social responsibility. Despite an evolving external environment, General Mills remains confident in its financial targets for Fiscal 2024.
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General Mills Announces Long-time Senior Executive Shawn O’Grady to Retire

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General Mills (NYSE: GIS) announced the retirement of Shawn O’Grady, Group President, North America Foodservice (NAF), and the appointment of Pankaj Sharma as the new Segment President, NAF. Jon Nudi, currently Group President, Pet and International, will add NAF to his oversight. Sharma, currently President, U.S. Meals & Baking Solutions operating unit, will report to Nudi and join the General Mills Senior Leadership Team. The retirement of O'Grady and the new appointments are part of a strategic transition plan for the company.
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General Mills to Webcast Presentation at CAGNY Conference on Feb. 20, 2024

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General Mills, Inc. (GIS) will have its Chairman and CEO, Jeff Harmening, and CFO, Kofi Bruce, as featured speakers at the Consumer Analyst Group of New York (CAGNY) Conference in Boca Raton, Florida, on Feb. 20, 2024. A webcast of the live presentation will be available at 7 a.m. CT, with a replay on www.generalmills.com/investors.
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Introducing This Season’s Most Valuable Taco — the New Old El Paso™ Cinnamon Toast Crunch™ Dessert Taco Shells

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Old El Paso and Cinnamon Toast Crunch have collaborated to launch limited-edition Cinnamon Toast Crunch Dessert Taco Shells featuring football stars JJ Watt and Justin Jefferson. The dessert taco shells, available exclusively on Walmart.com, combine the crunch of Old El Paso with Cinnamon Toast Crunch's Cinnadust™. The collaboration aims to bring fans together and elevate taco night with a unique sweet twist. The product will be available at retailers nationwide starting in March, just in time for the Big Game. Additionally, Old El Paso and Cinnamon Toast Crunch are releasing a giant taco trophy in Vegas to build excitement for the upcoming game.
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Totino’s™ Delivers Pizza Rolls™ Hot-and-Ready to Your Doorstep for the Big Game

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Totino’s Pizza Rolls is offering nationwide grocery delivery for its special edition recipes for the Big Game, available in select areas of Las Vegas, Los Angeles, and New York City. The exclusive recipes include Garlic Parmesan, Buffalo Ranch, Nacho, Sweet Sesame SF, and Kansas City BBQ Pizza Rolls. The company is also partnering with DoorDash and Uber Eats to provide hot-and-ready deliveries on Sunday, Feb. 11, along with nationwide deals on grocery delivery. Additionally, Totino’s is releasing a digital short featuring comedian and actor Pete Davidson to promote its Big Game delivery.
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Live “Cereal Rich” with LOADED, General Mills’ Biggest, Boldest Cereal Yet, and Limited-Editon Accessories

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General Mills introduces LOADED cereals with a maximalist makeover, offering Cinnamon Toast Crunch, Trix, and Cocoa Puffs varieties loaded with delicious vanilla crème. The limited-edition collection of swag celebrates the new product, allowing fans to live the 'Cereal Rich' lifestyle.
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Heart-Shaped Cheerios are Back with Special-Edition Name Boxes

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Cheerios is celebrating American Heart Month by offering special-edition boxes and personalized yellow boxes featuring names of loved ones to promote heart-healthy choices. With over 100 million Americans having heart disease, the campaign aims to remind people of the importance of heart health and the role Cheerios can play in supporting a heart-healthy lifestyle. The special-edition boxes will be available in five flavors at retailers nationwide, while personalized yellow boxes can be ordered online.
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New ‘Yoplait Protein’ Delivers Fan-Favorite Flavors in High-Protein Experience

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Yoplait introduces Yoplait Protein, a new dairy snack with 15g of protein and 3g of sugar per serving, offering a convenient and delicious way to meet protein goals. The product is priced starting at $1.19 and is available in fan-favorite flavors like Vanilla, Strawberry, and Key Lime Pie.
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Totino’s™ Pizza Rolls™ Snacks and Pete Davidson are Saving Football Fans from Flat Delivery Pizza

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Totino’s Pizza Rolls (TTR) aims to dethrone traditional flat pizza and provide football fans with a delicious game day snack. In partnership with comedian and actor Pete Davidson, TTR is launching a new ad campaign to offer a convenient and satisfying snacking experience. The company is also releasing its first Spanish-language ad spot during the first-ever live Spanish broadcast of the Big Game on Univision.
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FAQ

What is the current stock price of General Mills (GIS)?

The current stock price of General Mills (GIS) is $64.12 as of November 21, 2024.

What is the market cap of General Mills (GIS)?

The market cap of General Mills (GIS) is approximately 35.5B.

What does General Mills, Inc. do?

General Mills, Inc. is a global food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes, pet food, and superpremium ice cream.

Where is General Mills headquartered?

General Mills is headquartered in Minneapolis, Minnesota, USA.

Which are some of the key brands owned by General Mills?

Some key brands include Cheerios, Yoplait, Betty Crocker, Pillsbury, Häagen-Dazs, Nature Valley, and Blue Buffalo.

What percentage of General Mills' revenue comes from the United States?

81% of General Mills' revenue in fiscal 2023 was derived from the United States.

Does General Mills operate internationally?

Yes, General Mills operates in Canada, Europe, Australia, Asia, and Latin America.

What recent achievements has General Mills made?

Recent achievements include expanding the Blue Buffalo pet food line and investing in sustainable sourcing and production techniques.

What sectors does General Mills sell its products to?

General Mills sells its products through retail stores, foodservice channels, and the commercial baking industry.

How does General Mills address environmental sustainability?

General Mills has invested in sustainable sourcing and production techniques to ensure long-term environmental stewardship.

What is General Mills' focus in terms of product development?

General Mills focuses on health-oriented products to meet the growing consumer demand for nutritious and convenient food options.

How extensive is General Mills' product portfolio?

General Mills markets over 100 consumer brands and produces a wide range of food products.

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General Mills, Inc.

NYSE:GIS

GIS Rankings

#363 Ranked by Market Cap
#810 Ranked by Dividends

GIS Stock Data

35.47B
553.44M
0.27%
79.39%
3.34%
Packaged Foods
Grain Mill Products
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United States of America
MINNEAPOLIS