MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2024 second quarter on Dec. 20, 2023. A press release, pre-recorded management remarks, and supporting slides will be issued that morning followed by a webcasted question and answer session on the results at 8 a.m. CT. Interested parties can access these materials and the webcast at www.generalm...
Kellanova recently spun off its North American cereal business, creating Kellogg. With Kellogg focused only on cereal, the food maker will likely end up increasing competition in the cereal sector.
As we head towards the year's end, several market uncertainties exist. Stalling disinflation, rising bond yields, war escalation and dysfunction in Washington are all looming challenges.
MINNEAPOLIS--(BUSINESS WIRE)--The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.59 per share, payable February 1, 2024, to shareholders of record as of January 10, 2024. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 125 years. # # # About General Mills General Mills makes food the world loves....
General Mills Inc. GIS, +0.29% said Thursday it agreed to pay an undisclosed amount to buy Fera Pets Inc., as it moves into the pet supplement market. General Mills said it acquired Fera Pets through a newly-launched growth equity fund as part of its Gold Medal Ventures effort.
General Mills rated neutral/hold today, in line with the consensus from analysts and the quant system. Positive points include a 3.6% dividend yield with 3-year dividend growth, a cheap share price relative to the moving average, and a positive company sales outlook. Headwinds include poor market momentum vs the S&P500 index, YoY earnings declines, and mediocre growth among large peers.
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