Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $76.00 | Buy | Goldman |
7/16/2024 | Buy → Hold | Argus | |
5/15/2024 | $62.00 → $70.00 | Underperform → Mkt Perform | Bernstein |
2/1/2024 | $67.00 | Neutral | Citigroup |
12/21/2023 | $74.00 → $72.00 | Sector Perform | RBC Capital Mkts |
9/22/2023 | $74.00 | Hold | HSBC Securities |
9/18/2023 | $71.00 → $69.00 | Neutral | JP Morgan |
9/18/2023 | $88.00 → $77.00 | Overweight | Piper Sandler |
Argus Research analyst Taylor Conrad downgrades General Mills (NYSE:GIS) from Buy to Hold.
BofA Securities analyst Peter Galbo downgraded the shares of WK Kellogg Co (NYSE:KLG) from Neutral to Underperform and lowered the price target from $24 to $17. Volume trends in the packaged food industry have yet to show any meaningful improvement despite the hopes that lapping SNAP (supplemental nutrition assistance program) and a more promotional environment would lead to a volume lift, said the analyst. Commentary and results from main competitor in U.S. Cereal General Mills Inc (NYSE:GIS) was not constructive with its Cereal business down -4% YoY in its May quarter end, noted the analyst. The analyst expects industry trends to remain sluggish for KLG over the next 12 months un
Mizuho analyst John Baumgartner maintains General Mills (NYSE:GIS) with a Neutral and lowers the price target from $70 to $62.
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Goldman initiated coverage of General Mills with a rating of Buy and set a new price target of $76.00
Argus downgraded General Mills from Buy to Hold
Bernstein upgraded General Mills from Underperform to Mkt Perform and set a new price target of $70.00 from $62.00 previously
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Net sales of $4.8 billion were down 1 percent; organic net sales also declined 1 percent Operating profit of $832 million was down 11 percent; adjusted operating profit of $865 million was down 4 percent in constant currency Diluted earnings per share (EPS) of $1.03 was down 10 percent; adjusted diluted EPS of $1.07 was down 2 percent in constant currency Company reaffirms full-year fiscal 2025 outlook ¹ Please see Note 7 to the Consolidated Financial Statements below for reconciliation of this and other non-GAAP measures used in this release. General Mills, Inc. (NYSE:GIS) today reported results for the first quarter ended August 25, 2024. "Our top priority in fiscal 2025 is to
This iconic partnership goes together like chocolate and peanut butter, and celebrates Angel's status as a dual threat herself – from basketball to fashion This fall, REESE'S PUFFS cereal, a brand with a legacy of being at the forefront of culture, is announcing a tasty new collaboration with the "Double-Double Queen" and all-around dual threat Angel Reese. With a name you can't ignore, REESE'S PUFFS cereal is proud to celebrate Angel's talents in both basketball and fashion as an ode to the brand's classic dualities like chocolate and peanut butter, and milk and cereal. In the coming weeks, the basketball all-star and fashion icon will be featured on limited-edition "Angel X REESE'S PUFFS
General Mills, Inc. (NYSE:GIS) today announced that it has entered into definitive agreements to sell its North American Yogurt business to Lactalis and Sodiaal, two leading French dairy companies, in cash transactions valued at an aggregate $2.1 billion USD. Following the completion of the transactions, the U.S. and Canadian businesses will operate independently, with Lactalis acquiring the U.S. business and Sodiaal acquiring the Canadian business. The proposed transactions are expected to close in calendar 2025, subject to receipt of requisite regulatory approvals and other customary closing conditions. The divestitures encompass the U.S. and Canada operations of several yogurt brands in
10-Q - GENERAL MILLS INC (0000040704) (Filer)
8-K - GENERAL MILLS INC (0000040704) (Filer)
8-K - GENERAL MILLS INC (0000040704) (Filer)
This iconic partnership goes together like chocolate and peanut butter, and celebrates Angel's status as a dual threat herself – from basketball to fashion This fall, REESE'S PUFFS cereal, a brand with a legacy of being at the forefront of culture, is announcing a tasty new collaboration with the "Double-Double Queen" and all-around dual threat Angel Reese. With a name you can't ignore, REESE'S PUFFS cereal is proud to celebrate Angel's talents in both basketball and fashion as an ode to the brand's classic dualities like chocolate and peanut butter, and milk and cereal. In the coming weeks, the basketball all-star and fashion icon will be featured on limited-edition "Angel X REESE'S PUFFS
Billie Jean King paved the way for women — exemplifying what it means to be a trailblazer and Wheaties Champion — both on and off the tennis court. Wheaties announced today its latest limited edition box featuring icon and activist athlete Billie Jean King, a true Wheaties Champion. While this is King's first Wheaties appearance, she's no stranger to firsts on and off the court. She is a highly decorated tennis champion — winning 39 major titles, including a record 20 Wimbledon Championships — and was the first woman athlete to receive the Presidential Medal of Freedom. She's also the first woman to have a sports venue named in her honor, and the first woman to earn over $100,000 in prize
General Mills (NYSE:GIS) today announced it has completed the acquisition of Edgard & Cooper, one of Europe's leading independent premium pet food brands. With this transaction, the company further advances its Accelerate strategy, including the prioritization of its core markets, global platforms and local gem brands to drive sustainable, profitable growth and top-tier shareholder returns over the long term. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240429809015/en/General Mills today announced it has completed the acquisition of Edgard & Cooper, one of Europe's leading independent premium pet food brands. Established in 2
Net sales of $4.8 billion were down 1 percent; organic net sales also declined 1 percent Operating profit of $832 million was down 11 percent; adjusted operating profit of $865 million was down 4 percent in constant currency Diluted earnings per share (EPS) of $1.03 was down 10 percent; adjusted diluted EPS of $1.07 was down 2 percent in constant currency Company reaffirms full-year fiscal 2025 outlook ¹ Please see Note 7 to the Consolidated Financial Statements below for reconciliation of this and other non-GAAP measures used in this release. General Mills, Inc. (NYSE:GIS) today reported results for the first quarter ended August 25, 2024. "Our top priority in fiscal 2025 is to
General Mills Board of Directors Declares Dividend Increase Full Year Highlights Net sales of $19.9 billion decreased 1 percent from the prior year; organic net sales1 were 1 percent below year-ago results that grew double digits Operating profit of $3.4 billion essentially matched year-ago results; adjusted operating profit of $3.6 billion was up 4 percent in constant currency Diluted earnings per share (EPS) of $4.31 essentially matched year-ago results; adjusted diluted EPS of $4.52 was up 6 percent in constant currency Fourth Quarter Highlights Net sales of $4.7 billion decreased 6 percent; organic net sales were also down 6 percent Operating profit of $779 million
Net sales of $5.1 billion were down 1 percent in the third quarter and organic net sales1 were also down 1 percent; on a 2-year compound growth basis, net sales were up 6 percent and organic net sales were up 7 percent Operating profit of $911 million was up 25 percent; adjusted operating profit of $914 million increased 14 percent in constant currency Diluted earnings per share (EPS) of $1.17 were up 27 percent; adjusted diluted EPS of $1.17 increased 22 percent in constant currency Company reaffirms full-year fiscal 2024 outlook ¹ Please see Note 7 to the Consolidated Financial Statements below for reconciliation of this and other non-GAAP measures used in this release. Gen