General Mills(GIS)

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General Mills (GIS) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-09 00:01
In the latest market close, General Mills (GIS) reached $64.06, with a +0.55% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.06% for the day. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.The maker of Cheerios cereal, Yoplait yogurt and other packaged foods's shares have seen an increase of 0.89% over the last month, not keeping up with the Consumer Staples sector's gain of 1.53% and the S&P 500's gain of 6.45%.The upcoming ...
Here's Why General Mills (GIS) is a Strong Growth Stock
Zacks Investment Research· 2024-02-06 15:47
Zacks Premium and Style Scores - Zacks Premium offers tools like daily updates of Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, with ratings from A to F, where A indicates the highest potential for outperformance [2] - The Style Scores are divided into four categories: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [2][3][4] - The Zacks Rank, a proprietary stock-rating model, uses earnings estimate revisions to identify stocks with high potential, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988 [5] - Combining Zacks Rank 1 or 2 with Style Scores of A or B maximizes the probability of success in stock selection [6] General Mills (GIS) Analysis - General Mills Inc is a global manufacturer and marketer of branded consumer foods, including ready-to-eat cereals, snacks, and baking products, serving retail, foodservice, and commercial baking industries [7] - GIS holds a Zacks Rank of 3 (Hold) with a VGM Score of B, indicating a balanced combination of value, growth, and momentum [7] - The company has a Growth Style Score of B, with a projected year-over-year earnings growth of 4.4% for the current fiscal year [7] - Six analysts revised their earnings estimates higher for fiscal 2024, and the Zacks Consensus Estimate increased by $0.02 to $4.49 per share, with an average earnings surprise of 5.7% [7] - GIS is recommended for investors seeking growth opportunities, given its strong Zacks Rank and top-tier Growth and VGM Style Scores [8]
General Mills (GIS) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-02-03 00:01
In the latest market close, General Mills (GIS) reached $64.80, with a -0.05% movement compared to the previous day. This change lagged the S&P 500's 1.07% gain on the day. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq increased by 1.74%.Heading into today, shares of the maker of Cheerios cereal, Yoplait yogurt and other packaged foods had lost 1.38% over the past month, lagging the Consumer Staples sector's gain of 2.2% and the S&P 500's gain of 2.93% in that time ...
Live "Cereal Rich" with LOADED, General Mills' Biggest, Boldest Cereal Yet, and Limited-Editon Accessories
Businesswire· 2024-02-01 13:00
MINNEAPOLIS--(BUSINESS WIRE)--New LOADED cereal delivers more of favorite brands like Cinnamon Toast Crunch, Cocoa Puffs and Trix, but now loaded with delicious vanilla crème. To celebrate, General Mills is dropping a limited-edition collection of swag because LOADED is not just rich in flavor, but offers fans a chance to live the *Cereal* Rich lifestyle. Living Cereal Rich is about living life to the filled-est and bringing maximalism to the breakfast table. Now is the time for maxing out and keeping li ...
Heart-Shaped Cheerios are Back with Special-Edition Name Boxes
Businesswire· 2024-01-30 14:00
In honor of American Heart Month, Cheerios is offering the chance to purchase special-edition boxes or personalize your own for the ones you love. (Photo: Business Wire)In honor of American Heart Month, Cheerios is offering the chance to purchase special-edition boxes or personalize your own for the ones you love. (Photo: Business Wire)MINNEAPOLIS--(BUSINESS WIRE)--Cheerios is bringing back its beloved Happy Heart Shapes in honor of American Heart Month with a fun new twist. To celebrate five years of Happy ...
General Mills (GIS) Prioritizes Profit Amid Volume Challenges
Zacks Investment Research· 2024-01-29 17:51
General Mills, Inc. (GIS) , based in Minneapolis, MN, is gearing up to introduce a series of products across various segments, including cereals, yogurt, soup and snack categories. These innovations, coupled with strong brand-building efforts, are expected to drive market share growth and cater to evolving consumer preferences.The company is maneuvering through a challenging market environment, with its prospects being a key interest for investors and stakeholders. Management is focused on maintaining consi ...
General Mills Lowers Guidance, Warning About Weak Consumer Trends in 2024
The Motley Fool· 2024-01-18 10:30
When General Mills (GIS 0.41%) reported fiscal 2024 second-quarter earnings on Dec. 20, the news was mixed. While the company managed to grow adjusted earnings 14% year over year, the business still fell short of management's expectations in key areas. There were two notable takeaways from this, one about the company and one about the broader consumer environment.General Mills' quarter wasn't bad, but it wasn't goodIt's kind of hard to complain when a company increases earnings at a double-digit pace, so on ...
New 'Yoplait Protein' Delivers Fan-Favorite Flavors in High-Protein Experience
Businesswire· 2024-01-16 14:00
Yoplait Protein offers a delicious way to get more protein into your diet, with single-serve cups of the brand’s fan-favorite flavors starting at $1.19. (Photo: Business Wire)MINNEAPOLIS--(BUSINESS WIRE)--Yoplait, the dairy brand dedicated to making delicious snacks for the whole family to enjoy, is welcoming Yoplait Protein to its lineup — a dairy snack unlike any other product currently in the yogurt aisle thanks to its “trifecta” of taste, value and nutrition. Yoplait Protein packs 15g of protein and ...
3 Top Dividend Stocks to Eat Up in 2024
InvestorPlace· 2024-01-15 21:32
As other investors grow more euphoric over the tech sector, perhaps it’s smart to take on a more contrarian mindset, with more defensive plays like those in the food scene. While you are diving into the food scene, you should also look for high-value dividend stocks. In the consumer-packaged food scene, I see plenty of value and terrific dividend yields that may not last once rates backtrack by a few percentage points over the next few years. I find these defensive dividend plays most intriguing for investo ...
General Mills Stock Still Isn't Cheap Enough
Seeking Alpha· 2024-01-12 15:45
Justin Sullivan/Getty Images News Cereal legend General Mills, Inc. (NYSE:GIS) has had a tough go of it in the past several months. The pandemic brought staples producers to the fore, as they had massive pricing power amid shortages and rampant inflation. However, that led to unsustainable share price gains in many of those companies, and General Mills was certainly one of those in my view. For the bulls, the good news is that GIS stock has been absolutely obliterated since the peak last May, all while ...