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.
Old El Paso is expanding its product lineup with three major innovations: the first-ever Birria Taco Kit, a new Breakfast Taco Kit, and an expanded Carb Advantage line. The Birria kit, capitalizing on a trending dish with over 1 million Instagram hashtags, includes 10 soft tortillas, Tex-Mex seasoning, and smoky chipotle sauce.
The Breakfast Taco Kit features six soft tortillas with green chile and queso cheese sauces. The expanded Carb Advantage line introduces Nacho Cheese Hard Shells, Soft Tortillas, and a Tortilla Rounds Taco Kit, along with a reformulated original Carb Advantage Taco Shell.
These new products will be available at Walmart starting March and will roll out nationwide during summer.
General Mills (NYSE: GIS) reported fiscal 2025 third-quarter results with net sales down 5% to $4.8 billion, impacted by retailer inventory reductions and slower snacking category performance. Operating profit decreased 2% to $891 million, while diluted EPS fell 4% to $1.12.
Key segment performance included:
- North America Retail: Sales down 7% to $3.0 billion
- North America Pet: Sales flat at $624 million
- North America Foodservice: Sales up 1% to $555 million
- International: Sales down 4% to $651 million
The company updated its fiscal 2025 outlook, now expecting organic net sales to decline 2% to 1.5%, compared to previous guidance of flat to up 1%. Adjusted operating profit and adjusted diluted EPS are projected to decrease 7-8% in constant currency, revised from previous expectations of 2-4% decline.
General Mills is making its first entry into the ramen noodle market with innovative flavors from two of its popular brands - Old El Paso and Totino's. The launch features four distinct varieties: Old El Paso Ramen in Fajita and Beef Birria flavors, and Totino's Ramen in Cheese Pizza and Buffalo-Style Chicken Pizza flavors.
The products will be exclusively available at Walmart stores nationwide and Walmart.com starting April. This launch capitalizes on the viral trend of instant ramen, which has garnered over 174 million posts on TikTok. The new offerings combine the familiar tastes of Totino's pizza rolls and Old El Paso's Tex-Mex flavors with traditional ramen, creating a unique fusion of comfort foods.
General Mills (NYSE: GIS) announced that Jon Nudi, Group President of North America Pet, International, and North America Foodservice, will retire on June 30, 2025, after a 32-year career with the company. Liz Mascolo, currently President for North America Blue Buffalo, will be promoted to Segment President, North America Pet and join the Senior Leadership Team effective March 16, 2025.
Nudi, who joined in 1993, previously served as Group President of North America Retail for 7 years, where he achieved significant improvements in net sales, segment operating profit, and market share gains. His career included leadership roles in U.S. Snacks division and Europe & Australia segment.
Mascolo brings 22 years of experience at General Mills, having served as Vice President of Strategy and Growth, VP of Marketing for Pillsbury and Cheerios Business Units, and Global Marketing Director at Cereal Partners Worldwide S.A.
General Mills (NYSE: GIS) has announced its plans to release its fiscal 2025 third quarter earnings results on March 19, 2025. The company will provide a comprehensive financial update through multiple channels, including:
- A press release
- Pre-recorded management remarks
- Supporting slides
- A webcasted Q&A session scheduled for 8 a.m. CT
Investors and interested parties can access all materials and the webcast through the company's investor relations website at www.generalmills.com/investors.
General Mills (GIS) is expanding its Lucky Charms product line with three new offerings: Lucky Charms Rainbow Sprinkles Cereal, Lucky Charms Jumbo Rainbow Cereal, and Just Magical Marshmallows with Jumbo Rainbows.
The Rainbow Sprinkles variant features birthday cake flavor with confetti sprinkle pieces, while the Jumbo Rainbow Cereal contains three times more rainbow charms in larger sizes. The Just Magical Marshmallows includes a -edition pouch with the new Jumbo Rainbow charm alongside traditional marshmallow shapes.
The Rainbow Sprinkles Cereal is currently available at Walmart and will expand nationwide in April at $5.69 MSRP. The Jumbo Rainbow Cereal will launch nationwide in April at $5.69 MSRP, while the Just Magical Marshmallows with Jumbo Rainbows will be priced at $4.98 MSRP.
General Mills (NYSE: GIS) presented its five-year progress on the Accelerate strategy at the CAGNY 2025 Conference, highlighting sustainable growth and shareholder returns. The company has reshaped 30% of its portfolio and increased media investment by nearly 40% from FY2019 to FY2024.
The strategy focuses on four pillars: Boldly Building Brands (with nine billion-dollar brands), Relentlessly Innovating, Unleashing Scale (doubling Digital, Data, and Technology investment since 2019), and Standing for Good (advancing regenerative agriculture on 600,000 acres towards 1 million by 2030).
Since fiscal 2019, General Mills has returned over $11 billion to shareholders through dividends and share repurchases, demonstrating strong margin growth and cash flow conversion.
Totino's Pizza Rolls is making its first-ever Big Game commercial debut, featuring comedians Tim Robinson and Sam Richardson in 'Chazmo Finally Goes Home'. The commercial, written by Zach Kanin and directed by Alice Mathias, continues the storyline of an intergalactic visitor named Chazmo who loves pizza rolls.
This marks the first Big Game ad for the frozen pizza category and General Mills' return to the Big Game after more than a decade. The campaign is part of Totino's strategy to expand the Midwestern brand nationwide. Additionally, Totino's is bringing back 'Hang Time', its Spanish-language ad, which will air on Fox Deportes and Telemundo during the game.
The commercial was created in partnership with Dentsu Creative, UM, Edelman, and The Social Lights, and can be viewed on YouTube ahead of the game.
Old El Paso announces the launch of new Caramel Dessert Taco Shells, partnering with football stars J.J. Watt and Jason Kelce for -edition packaging. Following last year's successful Cinnamon Toast Crunch coating version, the new caramel-flavored shells will be available in exclusive collector's boxes through Walmart.com starting February 5 at 1 a.m. EST, sold in bundles of three.
The Stand 'n Stuff™ flat bottom shells feature a caramel flavor and are designed to hold ice cream and toppings. While the -edition boxes will be available exclusively online, standard boxes will hit retailers nationwide in March with an MSRP of $4.06.
General Mills (NYSE: GIS) has announced its participation in the upcoming Consumer Analyst Group of New York (CAGNY) Conference in Orlando, Florida. Chairman and CEO Jeff Harmening and CFO Kofi Bruce will deliver a presentation on February 18, 2025, starting at 7 a.m. CT.
The presentation will be accessible via webcast, and investors can view both the live stream and a replay through the company's investor relations website at www.generalmills.com/investors.