General Mills (GIS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 1 ...

Company and Industry Overview * **Company**: General Mills, Inc. (NYSE:GIS) * **Industry**: Consumer Staples, specifically Cereals, Snacks, and Pet Food Long-Term Goals and Strategy * **Long-Term Sales Growth**: Aim for 2% to 3% organic net sales growth. * **Category Growth**: Expect categories to grow between 2% and 3%. * **Share Holding**: Confident in holding or gaining share in current categories. * **Key Drivers**: Leading brands, increased marketing spend, and improved capabilities in strategic revenue management, media, and online media. Industry Environment and Recovery * **Volume Recovery**: Recognize a more elongated volume recovery than initially expected. * **Fiscal '25 Outlook**: Consistent with gradual progress theme, expecting flat-to-up 1% organic sales growth and EPS between down 1% and up 1% year-over-year. * **Category Growth**: Categories returning to growth, with pounds up 1% in the last three months. * **Macroeconomic Factors**: Inflation expected at 3% to 4%, with over 50% coverage in commodities. * **Productivity**: Expect 4% to 5% productivity improvement. North America Retail * **Leadership**: Dana McNabb, Group President, North America Retail. * **Approach**: Focus on regaining household penetration, particularly with kids, through a remarkable total product offering. * **Key Initiatives**: Product innovation, advertising and communications, in-store execution, and strategic revenue management. * **Share Performance**: Improving in pound share in seven out of 10 biggest categories and in dollar share in six out of 10 categories. Cereal Business * **Category**: North America Cereal market is $9 billion in sales. * **Competitive Landscape**: More competition is seen as beneficial for the category. * **Focus**: Continue to focus on strong brand building and innovation. * **New Products**: Launched new products like double chocolate cookies, fruity cheerios, and Fiber One brownies. Pet Food * **Priority**: Return Blue Buffalo to growth after a reset year in fiscal '24. * **Performance**: Blue Buffalo is now more profitable than a year ago and starting to gain market share in dry dog food. * **Wilderness**: Losses cut in half and declining at 6% in the first quarter. * **Fresh Pet Food**: Testing fresh pet food with Blue Buffalo, with mixed results but potential for future opportunities. * **Edgard & Cooper**: Acquired for its premium pet food proposition and global expansion potential. International and Foodservice * **Foodservice**: Strong Foodservice business with distinct capabilities and sales and channel experience. * **International**: Mixed performance, with growth in Europe and Australia but challenges in China and Brazil. Capital Allocation and M&A * **M&A Strategy**: Focus on bolt-on acquisitions of $1 billion to $2 billion in sales, with a preference for areas like Pet, Snacking, and Foodservice. * **Priority**: Organic growth remains the number one priority. Conclusion General Mills is confident in its long-term growth prospects, focusing on category growth, share holding, and strategic investments in marketing and capabilities. The company is also actively managing its international and foodservice segments, while remaining cautious on M&A activity.

When a bear market occurs, it’s not impossible to find places to preserve or even grow wealth in the stock market. Some companies naturally have aspects of their business that allow them to perform well when it feels like all the market wants to do is fall. We’ll look at three stocks that have historically been able to do this.Specifically, these stocks outperformed the S&P 500’s return in 2008 and 2022, the two worst calendar year bear markets seen in recent history. In those years, the index’s total retur ...

What Are Dividends In Stocks?Dividends are the regular payments made by companies to their shareholders. They represent a way for successful companies to share their profits. Dividend stocks are shares in these companies that pay out dividends. Investors can receive dividends as cash or reinvest them to buy more shares.Investing in dividend stocks can offer several benefits. Dividend payments provide a steady income stream, especially for retirees and conservative investors. Dividends can also help offset m ...

General Mills, Inc. (GIS) , a well-known name in the food industry, is currently grappling with a host of challenges that are impacting its financial performance. Despite the company’s strong brand portfolio and strategic initiatives, volatile consumer trends and escalating production costs are weighing on its margins. As the company approaches fiscal 2025, these pressures are shaping a cautious outlook, reflected in the recent downward revisions of its earnings projections. The Zacks Consensus Estimate for ...

A month has gone by since the last earnings report for General Mills (GIS) . Shares have added about 3.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is General Mills due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. General Mills Q4 Earnings Top Despite Adverse Pric ...

Key TakeawaysConsumer staples stocks have struggled lately as consumers reassess their spending amid stubborn inflation.However, staple stocks rose Wednesday as investors moved out of technology stocks.Investors could be looking to hedge against economic weakness and capitalize on the sector's recent underperformance. While tech stocks are falling Wednesday, consumer staples are on the rise.  The S&P 500’s consumer staples sector was up 1.5%, making it the benchmark index’s best performer on a day when the ...

Core Viewpoint - Major indexes are reaching new highs, yet notable blue-chip stocks are underperforming, trading near their 52-week lows, presenting potential investment opportunities [1][2]. Group 1: McDonald's (MCD) - McDonald's shares have fallen approximately 14.5% in 2024, underperforming the broader market [3]. - Concerns over affordability due to rising fast-food prices and a modest same-store sales growth of 1.9% in Q1 have contributed to the stock's decline [3][4]. - Despite the recent dip, MCD trades at 20.8 times this year's expected earnings per share (EPS), below its historical average, indicating potential for upside as EPS growth is anticipated to accelerate [4]. Group 2: Northrop Grumman (NOC) - Northrop Grumman's stock has declined 8% year-to-date, despite its strong historical performance and a track record of 20 consecutive years of dividend increases, with a compound annual growth rate (CAGR) of 11.9% over the past decade [6][7]. - The company is well-positioned to benefit from increased global defense budgets due to rising geopolitical tensions, making its current stock price near 52-week lows attractive for investors [7]. Group 3: General Mills (GIS) - General Mills has seen a stock decline of about 15% over the past year, trading near its 52-week lows [8][10]. - The company is considered recession-proof, with stable cash flows from well-known brands, and has maintained its dividend since 1990, despite a temporary halt in increases from 2018 to 2020 [9][10]. - Currently, General Mills has a price-to-earnings (P/E) ratio of 14 times based on FY2024's consensus EPS estimate of $4.49, along with a solid 3.8% yield, making it a compelling investment opportunity [10].

The benchmark S&P 500 index is at a record high, having just closed above the 5,600 level for the very first time. So far, in 2024, the index is up 18%, marking one of the best starts in its history and the best start ever to a presidential election year. While the run has been impressive, it has also been uneven, with the gains largely concentrated in a few mega-cap technology stocks.Many components of the S&P 500 index have not participated in the current rally, and their share prices are in the red on th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDEDMAY 26, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO __________ Commission file number:001-01185 ________________ GENERAL MILLS, INC. (Exact name of registrant as specified in its charter) Delaware 41-0274440 (State or othe ...